Pheasant Inn Sheffield

30 Trafalgar Road, Sheffield, S6 1JY

  • Pheasant Inn Sheffield
  • Pheasant Inn Sheffield
  • Pheasant Inn Sheffield
  • Pheasant Inn Sheffield
  • Pheasant Inn Sheffield
  • Pheasant Inn Sheffield
  • Pheasant Inn Sheffield
  • Pheasant Inn Sheffield

Pheasant Inn Sheffield

Well Established Community Local

The Pheasant Inn is located in a suburb north of Sheffield City Centre, close to Sheffield Wednesday Football Club, and is close to the areas shopping complex and local schools. The pub is surrounded by largely mixed residential housing, and it benefits from being one of three pubs that are found in an area with around 4,335 adults within walking distance. This great customer base is built up of families and mature couples looking for a quality local pub with a warm community offering and is popular in the area.

This is a fairly spacious community pub which is traditional in decor and in relatively good condition. The site is a two-room trading area - one which is the public bar, largely serving up live sports alongside pool, and the other focusing on food, casual drinks, planned functions and community groups. In addition to this, it has a fantastic outdoor bar and beer garden, and on street car parking, to ensure there is a spot in the sun for everyone in the summer months.

In terms of an offer, we are looking for its next operator to maintain and build on well-established wet trade. The site has good live sports and selection of pub games, and currently has a well-supported Sunday Carvery. There is potential here for its next operator to exploit the catering kitchen that is in good condition, and 40 + seating covers available, with a simple everyday food offer.

BDM Vision:

"The Pheasant Inn is a traditional pub where we are looking to build on its well established local wet trade through the expansion of a food offer. The pub is at the heart of the community so we need its next landlord to drive sports and cask ale throughout the year, utilise its great two room trading operation, and exploit its fantastic beer garden in the summer months."

Community Focussed Operator Wanted

We are keen to partner with an operator who is focussed on delivering a great offer for the local community, is next to none in terms of their customer service and who could give the Pheasant some TLC. The site is primarily wet-led, so we very much need a people person in order to put this pub at the heart of the local community.

Pub Features

  • Rolling Tenancy
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Trading Area & Facilities

Internally, the site is a two-room trading area, with one catering and set up for sports and wet trade, and the other with more of a tap room feel that may be more suitable to develop as a food focussed area. The pub is in relatively respectable decorative order but requires some TLC from its next operator. There is a fully fitted small kitchen that has been underutilized in the past, and the site is capable of providing a simple everyday food offer.

Externally, the pub sits prominently on a residential street corner and has a large appealing exterior. There is a welcoming and well set-up outdoor bar at the back of the beer garden and an enclosed smoking area as well - which is very popular during the summer months but can be utilised further with the introduction of outdoor heaters.

Private Accommodation

Private Accommodation

Private accommodation consists of bedrooms, living room, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 01:00 11:00 - 01:00 12:00 - 11:30

Financials

Annual Rent £
20,250
Estimated Annual FMOP (Licensee Profit) £
24,376
Representative HEINEKEN UK Brand Discount Per Barrel £
200
Estimated Annual Turnover £
261,603
Estimated Annual Barrelage
214

“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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
5,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
5,063
Rent In Advance £
389
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
17,637
Estimated Minimum Ingoing Costs £
11,873

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 £
1,214
Estimated Annual Maintenance Compliance Charge £
1,473
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