Red Cow Inn Stoke-On-Trent
Ash Bank Road, Stoke On Trent, ST9 0DTAgreement Type: Foundation Tenancy
View details for Red Cow Inn Stoke-On-Trent
White Hart Tean
High Street, Stoke On Trent, ST10 4DY
Pub Code: 2301886101
Key Features
- Main Road Location
- Function Room
- Walled Patioed Area for Outside Trading
- Separate Pool & Darts Area
- Wood burning stove
- Private Accommodation
Est Min Ingoing Costs: £9,949
Annual Rent: £17,398
More Information
Prominent, main road pub in the picturesque village of Tean.
What would you do with this pub to make it even more of a success?
The area
The White Hart is located in the village of Tean, close to Stoke on Trent. The pub is surrounded by shops, food and retails outlets and mixed housing.
The pub benefits from being one of 3 pubs found in an area of around 2312 adults. The diverse customer base is made up of more mature couples, seniors and families enjoying rural a lifestyle with good transport links to nearby larger towns.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a competitive 80/20, wet/dry 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 selection of pub games, such as pool, and darts, and live entertainment. It offers a selection of cask ales, and popular beers, ciders, wines and spirits. The introduction of a small food offer will help re-establish the pub.
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
- Understanding of how to build a successful business
- Ability to engage with customers from behind the bar
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
- Split-level trading area with L-shaped bar
- Pool & darts room
- 40 internal covers
- 20 external covers
- Small catering kitchen
- Function room
- Walled patio area
- Large car park
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom and one bedroom is currently being used as an office. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
| Annual Rent | £ 17,398 |
| Estimated Annual Turnover | £ 323,414 |
| Deposit | £ 4,349 |
| Estimated Fixtures & Fittings Value | £ 16,490 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 29,339 |
| Estimated Minimum Ingoing Costs | £ 9,949 |
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:
High Street, Stoke On Trent, ST10 4DY
More properties in this region
Princess Royal Stoke-On-Trent
34 Carlisle Street, Stoke On Trent, ST3 4HAAgreement Type: Investment Tenancy
View details for Princess Royal Stoke-On-Trent
Birches Head Stoke On Trent
Birches Head Road, Stoke On Trent, ST1 6LLAgreement Type: Foundation Tenancy
View details for Birches Head Stoke On TrentTo 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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