Portcullis

693 Fishponds Road, Fishponds, Bristol, BS16 3UH

Under Offer
  • Portcullis Bristol
  • Portcullis Bristol
  • Portcullis Bristol
  • Portcullis Bristol
  • Portcullis Bristol

Portcullis

This pub is subject to a proposed refurbishment, the details of which are being worked up. While we don't have any further details to share right now, we are welcoming applications.

The Portcullis is a large community pub with an impressive Portcullis structure at the front. Set back slightly from the main road, the Portcullis is an old fashioned local. Live music tends to be from bands and the pub also shows sports.

Innovative Operator Wanted

Are you looking to expand your business portfolio? As the future vision for the site is to provide a great menu, catering experience and knowledge is essential, along with the ability to demonstrate innovation and great business management.

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Live Sports
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).


Private Accommodation

The private accommodation consists of a lounge, kitchen, bathroom and bedrooms. As part of our promise to you, we will ensure your private accommodation is in good order so that you can focus your energy on getting the business right.

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 01:30 10:00 - 01:30 10:00 - 01:30 10:00 - 00:30

Financials

Annual Rent £
42,500
Estimated Annual FMOP (Licensee Profit) £
44,475
Representative HEINEKEN UK Brand Discount Per Barrel £
130
Estimated Annual Turnover £
610,899
Estimated Annual Barrelage
316

“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 £
30,112
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
10,625
Rent In Advance £
817
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
49,749
Estimated Minimum Ingoing Costs £
49,749

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 £
1,149
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