Run a Star Pub

2 weeks ago


Sheffield S, Sheffield, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

The area

The Church House is located in the City Centre of Sheffield, a 2-minute walk from the Cathedral tram stop, and 5 minutes from the main high street. The pub is also surrounded by office buildings, giving it the potential to maximise daytime and evening trade.

Demographics

The pub is one of 85 pubs found in an area of around 15,890 adults, given its central location. The impressive grade II listed building, as well as it’s USP as live music venue, set the pub apart from the competition. The local customer base is made up of younger city lovers and students.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in its great food & drinks offer, including a selection of cask ales, and great live music.

We’re always open to new ideas, what would you do to drive trade?

Experienced Local Operator Wanted

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 experience running a busy, city centre pub business. They will have a clear vision for their food & drinks menu, and experience implementing a great food offer. An understanding of the history of the pub, and the local live music scene will also be key to the future success of this pub.

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...

Features

  • Foundation Tenancy
  • Catering Kitchen
  • Cask Ale
  • Private Accommodation
  • Music Venue


Trading Area & Facilities

  • Main trading area with bar
  • Open plan layout, sub divided into more intimate areas
  • 60+ internal covers
  • Substantial catering kitchen
  • SmartDispense
  • Fireplace


Private Accommodation

Private accommodation consists of 3 bedrooms, lounge, kitchen, bathroom, and office.

Pub Financials

Annual Rent £
35,317
Estimated Annual Turnover £
552,793
Deposit £
8,829
Estimated Fixtures & Fittings Value £
10,000
Estimated Stock Valuation £
7,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
29,829
Estimated Minimum Ingoing Costs £
13,943

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.
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