Hopwood Arms Middleton
753 Rochdale Road, Middleton, Manchester, M24 2RA
Hopwood Arms Middleton
Great scope on the demographics, on a 10 minute walk time, 2 pubs with a catchment of 18+ Adults of 1,094 and on a 20 minute drive the catchment of adults magnifies to 641,044.
We are looking to work with an operator that will create a venue that is at the heart of the community. To be successful in this site, you will bring your excellent pub management experience, knowledge of the local area and you're passion and energy and vision.
If you consider yourself a good traditional operator when it comes to running a successful pub then Star Pubs & bars would love to work with you. We are looking for an operator who understands the area and have passion and enthusiasm to really drive the cask offer and make this the best community pub in the area.
Pub Features
Trading Area & Facilities
Externally the pub benefits with a fantastic extensive beer garden with a number of picnic tables. At the front of the pub, again, a selection of picnic tables to accommodate out door trade.
There is a large car park for around 30 cars
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| - | - | - | - | - | - | - |
Financials
| Annual Rent | £ 24,000 |
| Estimated Tenants Annual Operating Profit | £ 28,432 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 180 |
| Estimated Annual Turnover | £ 318,235 |
| Estimated Annual Barrelage | 223 |
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“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details). ** All figures quoted are exclusive of VAT *** FMOP = Fair Maintainable Operating Profit |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 7,425 |
| Estimated Fixtures & Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 6,000 |
| Deposit Amount | £ 6,000 |
| Rent In Advance | £ 462 |
| Training Fee | £ 1,000 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 295 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 22,187 |
| Estimated Minimum Ingoing Costs | £ 11,762 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ 1,753 |
| Estimated Annual Maintenance Compliance Charge | £ 1,565 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ 6,108 |
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The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details) * All figures quoted are exclusive of VAT ** Deposit build up will be payable over a maximum of 24 months *** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry **** Maintenance Compliance Charge relates to the fees for various statutory inspections ***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate ****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased |
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