Pen Nook Deepcar

16 Helliwell Lane, Sheffield S36 2QH

  • Pen Nook Deepcar
  • Pen Nook Deepcar
  • Pen Nook Deepcar
  • Pen Nook Deepcar
  • Pen Nook Deepcar
  • Pen Nook Deepcar
  • Pen Nook Deepcar
  • Pen Nook Deepcar
  • Pen Nook Deepcar
  • Pen Nook Deepcar

Pen Nook Deepcar

Family Friendly Community Pub

Located within Deepcar, a suburb of Sheffield, The Pen Nook is a spacious community pub that offers great pub food in a relaxed atmosphere. Demographics of the area are good, with over 3,000 adults living within a half mile radius of the pub. The area consists of mainly mature couples and professional families, meaning there is ample opportunity for a fun and welcoming local pub that offers great pub food such as traditional Sunday Lunches and curry nights.

Local Operator with High Standards Wanted

Are you a local operator who takes pride in their pub? Do you have experienced with food? You will have high retail standards and the ability to promote your pub on social media.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Car Parking
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Childrens Play Area

Trading Area & Facilities

Inside, the pub is split into two trading areas, each with its own bar. The spacious interior is complimented by plenty of windows which allow for a lot of natural light in the building. The split in trading areas means that an operator can deliver both a bar and restaurant offer. The conservatory to the front of the pub is currently used as a games room.

Outside, the pub has a small patio area and the bonus of a large car park.

Private Accommodation

Private accommodation consists of two bedrooms, bathroom, living room and kitchen.

Premises Licence Details

Please refer to the Premises Licence for more details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 01:00 10:00 - 01:00 11:00 - 00:00

Financials

Annual Rent £
16,500
Estimated Annual FMOP (Licensee Profit) £
20,522
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
328,413
Estimated Annual Barrelage
250

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).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
4,310
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
4,125
Rent In Advance £
317
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
55
Premises Licence Fee £
180
Rates Assessment Fee £
50
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
14,062
Estimated Minimum Ingoing Costs £
9,685

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,580
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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