Five Alls Stockton
Bothal Drive, Bishops Garth, Stockton, TS19 8UQAgreement Type: Foundation Tenancy
View details for Five Alls Stockton
Hope & Anchor Greatham
High Street, Hartlepool, TS25 2EN
Pub Code: 2302256101
Key Features
- Foundation Tenancy
- Catering Kitchen
- Outdoor Trade
- Car Park
- Private Accommodation
Est Min Ingoing Costs: £11,750
Annual Rent: £26,994
More Information
The area
The Hope & Anchor is a popular high street pub in the village of Greatham, situated very close to Hartlepool. It is situated near to other local businesses on the main thoroughfare through Greatham. The village has a traditional feel and is mainly occupied by professional couples and families. New housing development is due to be built in the village which will boost the population and create an excellent opportunity to increase footfall.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong food & drinks offer. What food & drinks would you look to implement in the pub?
It offers a selection of popular beers, ciders, wines and spirits and a pub classic menu.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a high street hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- Catering kitchen
- Function room
- SmartDispense
- Outdoor trade
- Car park
Private Accommodation
The private accommodation is of a good size, suitable for a family. It consists of 3 bedrooms, kitchen, bathroom, and lounge. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.
| Annual Rent | £ 26,994 |
| Estimated Annual Turnover | £ 415,314 |
| Deposit | £ 6,749 |
| Estimated Fixtures & Fittings Value | £ 15,000 |
| Estimated Stock Valuation | £ 6,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 31,249 |
| Estimated Minimum Ingoing Costs | £ 11,750 |
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
High Street, Hartlepool, TS25 2EN
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Ship Marske
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View details for Ship MarskeTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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