Blacksmiths Arms Llantwit Major
Llanmaes, Llantwit Major, CF61 2XRAgreement Type:
Foundation Tenancy
View details for Blacksmiths Arms Llantwit Major
Taffs Well Inn Cardiff
Taffs Well Inn Cardiff
Cardiff Road, Cardiff, CF15 7PR Pub Code: 2301960101
Pub Code: 2301960101
Foundation TenancyEst Min Ingoing Costs: £10,345
Annual Rent: £22,137
The area
The Taffs Well Inn is located in the village of Taffs Well, only three miles North of Cardiff. The pub is surrounded by mixed housing.
Situated close to the historical Castell Coch and the local rugby club, the Taffs Well Inn provides the perfect setting for a pub that appeals to both tourists and locals.
Demographics
The pub benefits from being one of 3 pubs found in an area of around 2500 adults. The majority customer base is made up of midlife and mature adults.
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 well thought through 25/75 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via promoting live sports events. 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 extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, sports offer and marketing strategy 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 dining area just off the bar
- 30 internal covers
- 60 external covers
- Small catering kitchen
- SmartDispense
- Outside with garden with beautiful views
- Car park with 3 spaces
Private Accommodation
Private accommodation:
Private accommodation consists of 2 bedrooms, a living room, bathroom, and Kitchen.
Estimated Total Ingoing Costs
£37,724
Estimated Minimum Ingoing Costs
£10,345
Annual Rent
£22,137
Estimated Annual Turnover
£332,120
Deposit
£5,534
Estimated Fixtures & Fittings Value
£23,690
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:
Cardiff Road, Cardiff, CF15 7PR
[{"Lat":"51.418289","Lng":"-3.465394","Name":"Blacksmiths Arms Llantwit Major","Address":" Llanmaes, Llantwit Major, CF61 2XR","Url":"/pubs/blacksmiths-arms-llantwit-major","Image":"/-/media/project/starpubs/pubs/2303341101-blacksmiths-arms-llantwit-major/images/p1320383.jpg?cx=0\u0026cy=0\u0026ch=565\u0026cw=848\u0026hash=43B3B4E646870499FD8D2611CD44D22B"}]
Selected pub
Other pubs
More properties in this region
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
Pub Vacancy Alerts
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs. It’s free and puts you under no obligation.
Register
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download