Wedgewood Northampton

79-81 Abington Street, Northampton, NN1 2BH

  • Wedgewood Northampton
  • Wedgewood Northampton
  • Wedgewood Northampton
  • Wedgewood Northampton
  • Wedgewood Northampton
  • Wedgewood Northampton

Wedgewood Northampton

A beautiful town centre chameleon venue

The beautiful Wedgewood located in the town centre of Northampton, home of the Northampton Saints is a unique venue with three separate bar areas. This site benefits from passing trade, shoppers, students, locals and visitors.

The Wedgewood has the opportunity to become a destination cocktail bar utilising the top bar, the games area sets a cool vibe and the rooftop is a chilled out zone for casual drinking, dancing and socialising.

Do you want to grasp an opportunity in the vibrant town of Northampton?

Interior décor in superb condition all waiting for an enthusiastic, energetic multi-faceted venue operator to take it to the next stage of success.

Business Development Manager Vision

'To be the number one venue in Northampton for live entertainment, cocktails, premium beers, quality wines and spirits'

Pub Features

  • Rolling Tenancy
  • Function Room
  • Music Venue
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Zones providing your customers a different vibe

The ground floor with front patio overlooking the pedestrianised street, large bar dance floor and dining area. The second floor having two distinct rooms with a function suite, dj area and dance floor which can accommodate 150 + people - the perfect space for private events, parties and live music. There is also a separate sports play area with pool room to attract the students and like-minded individuals of Northampton.

The Wedgewood also has a one of the most beautiful roof terraces. The hanging lights creating a special place taking you from afternoon drinks to twilight dancing.

The large fully fitted kitchen accommodates anything from casual dining to functions, late night entertainment and refreshments as one of Northampton's key venues.

Private Accommodation

Private Accommodation

Private accommodation at the Wedgewood consists of two bedrooms, lounge, kitchen and bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Please see Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
08:00 - 02:30 08:00 - 04:30 08:00 - 02:30 08:00 - 02:30 08:00 - 04:30 08:00 - 04:30 08:00 - 02:30

Financials

Annual Rent £
50,000
Estimated Annual FMOP (Licensee Profit) £
52,702
Representative HEINEKEN UK Brand Discount Per Barrel £
215
Estimated Annual Turnover £
731,018
Estimated Annual Barrelage
271

“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 £
16,160
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
12,500
Rent In Advance £
962
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
34,422
Estimated Minimum Ingoing Costs £
13,134

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 £
1,702
Estimated Annual Maintenance Compliance Charge £
1,565
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