Holly Bush Sheffield
Hollins Lane, Sheffield, S6 5GQAgreement Type:
Investment Tenancy
View details for Holly Bush Sheffield
Rose & Crown Sheffield
Rose & Crown Sheffield
21, Stour Lane, Sheffield, S6 4BN Pub Code: 2302240101
Pub Code: 2302240101
Investment TenancyEst Min Ingoing Costs: £34,065
Annual Rent: £23,209
Premium refurbishment in Sheffield suburb
The Area
The Rose & Crown is located in Wadsley, a Sheffield suburb. The pub benefits from being one of five pubs found in an area with around 14,944 residents within walking distance. The customer base is made up of young, midlife and mature adults.
The surrounding area is known for its local walking routes, including a walking trail starting at the pub’s car park that leads to a scenic viewpoint. There are four nearby competitors, all positioned within the community segment.
The Offer
The Rose & Crown is available on our investment tenancy agreement. Click here for more information on our agreements.
The refurbishment will reposition the pub as the best Premium Local in the area, appealing to both the local community and walkers. With a full internal and external refurbishment and a strong focus on upgrading the large beer garden, the pub is well placed to attract weekend walking trade, improve dwell time through a simple but robust food offer, and maximise summer opportunities. The investment will create a warm, cosy environment with premium finishes, helping the pub stand out in the area.
We’re always open to new ideas. What would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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
The Rose & Crown will be undergoing a refurbishment which will cover the full internal and external areas of the pub.
A full list of works and the pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading areas and facilities post-refurbishment will be:
- Main trading area with bar
- Separate dining room
- 75 internal covers
- 115 external covers
- Catering kitchen
- SmartDispense
- Beer garden
- Car park with 9 spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom, and office.
Estimated Total Ingoing Costs
£34,065
Estimated Minimum Ingoing Costs
£34,065
Annual Rent
£23,209
Estimated Annual Turnover
£367,861
Deposit
£5,802
Estimated Fixtures & Fittings Value
£19,763
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:
21, Stour Lane, Sheffield, S6 4BN
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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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