Holly Bush Sheffield
Hollins Lane, Sheffield, S6 5GQAgreement Type: Foundation Tenancy
View details for Holly Bush Sheffield
Three Merry Lads Sheffield
610, Redmires Road, Sheffield, S10 4LJ
Pub Code: 2300506101
Key Features
- Scenic Country Pub
- Large Beer Garden with fantastic Views
- Great food led business
- Close to Sheffield City Centre
- Premium drinks offer
- Function room
Est Min Ingoing Costs: £14,272
Annual Rent: £39,265
More Information
Fantastic opportunity to take over a community focused pub.
What would you do with this pub to make it a success?
The area
The Three Merry Lads is located on the edge of Sheffield close to many walks around Rivelin Valley. The pub has the feel of a rural country pub whilst being very close to Sheffield City centre just six miles away with suburban area of Fulwood and Crosspool also just a few minutes down the road.
Demographics
The pub benefits from being one of three pubs found in an area of around 1,119 adults within a 20-minute walk time. The Three Merry Lads customer base is made up of mixed age group of 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 60/40 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via a fantastic food offers, live sports, live entertainment and pub games machines. It offers a selection of cask ales, a pub classic menu, 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 destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, entertainment 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
- Main trading area with bar
- Separate dining room
- 80 internal covers
- 80 external covers (benches)
- Large kitchen
- Function room
- Smart Dispense
- Large garden with play area
- Car park with 35 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom, and office.
| Annual Rent | £ 39,265 |
| Estimated Annual Turnover | £ 624,460 |
| Deposit | £ 9,816 |
| Estimated Fixtures & Fittings Value | £ 22,000 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 42,816 |
| Estimated Minimum Ingoing Costs | £ 14,272 |
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:
610, Redmires Road, Sheffield, S10 4LJ
More properties in this region
Closed Shop Walkley
52-54 Commonside, Sheffield, S10 1GGAgreement Type: Foundation Tenancy
View details for Closed Shop Walkley
Red Deer Sheffield
18 Pitt Street, Sheffield, S1 4DDAgreement Type: Foundation Tenancy
View details for Red Deer SheffieldTo 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