Ponthir House Newport
Ponthir, Newport, NP18 1PGAgreement Type:
Foundation Tenancy
View details for Ponthir House Newport
Wern Inn Landore
Wern Inn Landore
48, Siloh Road, Swansea, SA1 2PE Pub Code: 2302939101
Pub Code: 2302939101
Foundation TenancyEst Min Ingoing Costs: £9,872
Annual Rent: £16,461
The area
The Wern Inn is located in the town of Landore, Swansea . The pub is surrounded by residential housing. Only a short walk from Swansea football stadium.
Demographics
The pub benefits from being one of 11 pubs found in an area of around 4000 adults. The majority customer base is made up of young adults and midlife families .
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 10/90 split food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade with a selection of pub games, such as pool, and darts, pub games machines and live sports. It offers a selection of popular beers, ciders, wines and spirits, and a pub classic menu.
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.
- Good 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
- Main trading area with bar
- Lounge / dining room
- Approx 50 internal covers
- Approx 30 external covers
- Catering kitchen
- SmartDispense
- Enclosed decked garden area
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, and bathroom
Estimated Total Ingoing Costs
£17,490
Estimated Minimum Ingoing Costs
£9,872
Annual Rent
£16,461
Estimated Annual Turnover
£334,019
Deposit
£4,115
Estimated Fixtures & Fittings Value
£4,875
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:
48, Siloh Road, Swansea, SA1 2PE
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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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