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Run a Star Pub

4 months ago

Stafford ST, Stafford, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

Coming soon We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime so apply today

Fantastic village pub with a need to see it to believe it outside space

What would you do with this pub to make it a success?

The area

The Royal Oak is located in the village of Gnosall, close to Stafford & Newport. The pub is surrounded by mixed housing.

Gnosall has a population of over 5,000 people and is within easy reach of the county town of Stafford.

The pub benefits from being in an area of around 1,500 adults within a 10 min walk. The main customer base is between the ages of 35-44 with opportunities to attract other age groups.

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 strong food & drinks offer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via live entertainment live entertainment and offers a selection of popular beers, ciders, wines and spirits.

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
  • 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...

Features

  • Coming Soon
  • Foundation Tenancy
  • Catering Kitchen
  • Outdoor Trade
  • Childrens Play Area
  • Private Accommodation


Trading Area & Facilities

  • Main trading area with bar
  • Pub games
  • Extensive outdoor trading
  • Fully equipped catering kitchen
  • Car Park


Private Accommodation

The pub has accommodation available with 2 bedrooms, bathroom, kitchen and lounge.

Pub Financials

Annual Rent £
25,000
Estimated Annual Turnover £
425,000
Deposit £
6,250
Estimated Fixtures & Fittings Value £
16,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
30,750
Estimated Minimum Ingoing Costs £
10,583

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.