Jack Snipe Skegness
Queens Road, Skegness, PE25 2JFAgreement Type:
Just Add Talent
View details for Jack Snipe Skegness
New Inn North Thoresby
New Inn North Thoresby
Station Road, North Thoresby, DN36 5QS Pub Code: 0070541101
Pub Code: 0070541101
Foundation TenancyEst Min Ingoing Costs: £13,405
Annual Rent: £22,869
Located in the exclusive village of North Thoresby, just north of the seaside town of Mablethorpe, the New Inn is a beautiful pub.
Fantastic opportunity to take over a community focused pub.
What would you do with this pub to make it a success?
The area
The New Inn North Thoresby in the exclusive village of North Thoresby, just north of the seaside town of Mablethorpe, the New Inn North Thoresby is a beautiful pub.
Demographics
The pub benefits from being one of 1 pub found in an area of around 474 adults within a 10-minute walk time. The customer base is made up of mature adults.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via selection of pub games, such as pool, and darts.
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 destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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
- Two room operation
- Dining room
- Small games room off the lounge
- 90 internal covers
- 40 external covers
- Large kitchen
- Function room
- Smart Dispense
- Large outside garden
- Car park with 30 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, and bathroom.
Estimated Total Ingoing Costs
£37,217
Estimated Minimum Ingoing Costs
£13,405
Annual Rent
£22,869
Estimated Annual Turnover
£373,326
Deposit
£5,717
Estimated Fixtures & Fittings Value
£20,000
Estimated Stock Valuation
£8,000
Estimated Working Capital
£3,500
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:
Station Road, North Thoresby, DN36 5QS
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To 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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