Safe Harbour Witton
Moor Lane, Birmingham, B6 7AEAgreement Type:
Foundation Tenancy
View details for Safe Harbour Witton
Pint Pot Sutton Coldfield
Pint Pot Sutton Coldfield
50, Tower Road, Sutton Coldfield, B75 5EA Pub Code: 2301961101
Pub Code: 2301961101
Foundation TenancyEst Min Ingoing Costs: £9,813
Annual Rent: £15,751
Great opportunity to immerse yourself in the community and create a compelling reason to visit
What would you do with this pub to make it a success?
The area
The Pint Pot is located in the suburb of Mere Green in Sutton Coldfield. Dense residential areas surround the pub; with over 11,500 living within a 20-minute walk, so passing footfall is high.
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 competitive Wet led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, and a strong rhythm of the week. It offers a selection of popular beers, ciders, wines and spirits.
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 community led hospitality business. They will have a clear vision for their drinks offer, rhythm of the week, sports 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
- Main trading area with bar
- Smart Dispense
- Paved, outdoor trading area
- Car park with approx. 20 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.
Estimated Total Ingoing Costs
£16,438
Estimated Minimum Ingoing Costs
£9,813
Annual Rent
£15,751
Estimated Annual Turnover
£256,948
Deposit
£3,938
Estimated Fixtures & Fittings Value
£4,000
Estimated Stock Valuation
£5,000
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:
50, Tower Road, Sutton Coldfield, B75 5EA
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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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