Run a Star Pub - Garibaldi Burnham - Slough
Star Pubs Leased & Tenancy
Slough
£31,213 per year - estimated ?
CLOSING SOON
Pub Overview
Fantastic opportunity to take over this site that is currently wet only. There is potential to introduce a small food offer. What would you do with this pub to make it a success?
The area
The Garibaldi is situated at the end of a high street, opposite Burnham Park where many local events are held. Situated on the edge of Slough. The area is made up of 4,851 adults within a 10-minute walk from the front door of the pub. There are only 10 other licenced premises within a 20-minute radius of Garibaldi. The pub is surrounded by retail shops, pubs, and a mix of residential properties. The main customer base is made up of retired adults and families.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in introducing a well thought through 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 sports, darts, pub games machines as well as live entertainment. 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
* Foundation Tenancy
* Outdoor Trade
* Car Park
* Catering Kitchen
* Private Accommodation
Trading Area & Facilities
* One bar operation
* 30 Covers if food introduced
* Darts and live sports
* Spacious Garden area
* 20 Parking spaces
Private Accommodation
The private accommodation consists of three bedrooms, kitchen, lounge, and bathroom.
Pub Financials
Estimated Total Ingoing Costs
£24,333
Estimated Minimum Ingoing Costs
£10,444
Annual Rent
£23,330
Estimated Annual Turnover
£238,395
Deposit
£5,833
Estimated Fixtures & Fittings Value
£10,000
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.
Downloads
* Demographics Report
* Energy Performance Certificate
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