Oak Kelsal
Chester Road, Tarporley, CW6 0RRAgreement Type:
Foundation Tenancy
View details for Oak Kelsal
Ring O Bells Weaverham
Ring O Bells Weaverham
49, Northwich Rd, Weaverham, CW8 3BG Pub Code: 0091715101
Pub Code: 0091715101
Foundation TenancyEst Min Ingoing Costs: £17,229
Annual Rent: £44,746
Coming Soon! Fantastic opportunity to take over a well-supported community focused pub. We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime so apply today.
The area
The Ring O Bells is a much-loved community pub located in the charming village of Weaverham in Cheshire. The pub is surrounded by a community centre, shops and mixed housing. Having undergone a full refurbishment back at the end of 2023 the pub is in excellent condition throughout.
The Ring O Bells has a lot to offer its customer base from large private events in the dining space and also outside area to a dedicated sports area where customers can play pool and darts and watch their favourite sporting event on TV.
Demographics
The pub benefits from having over 3,500 adults within a short 10 minute walk of the pub. The majority customer base is made up of mixed demographics from young families to mature adults.
The offer
This pub is 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.
The site currently has the ability to drive trade via live sport, selection of pub games, such as pool, and darts and pub games machines. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits, and coffees.
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 previous food experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and 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
Trading areas and facilities
- Main trading area with bar
- Separate lounge and dining room
- Private dining room for up to 16 people
- Tap room used as a dedicated sports area
- 70 internal covers
- Large catering kitchen
- SmartDispense
- Large garden area with a seating opportunity to increase covers
- Car park
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.
Estimated Total Ingoing Costs
£51,687
Estimated Minimum Ingoing Costs
£17,229
Annual Rent
£44,746
Estimated Annual Turnover
£717,089
Deposit
£11,187
Estimated Fixtures & Fittings Value
£27,000
Estimated Stock Valuation
£10,000
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:
49, Northwich Rd, Weaverham, CW8 3BG
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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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