Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
Desired Traits
* Understanding of the local community would be preferred but not essential
* You know what it takes to build a successful business
* You love hospitality and are great with customers
About the Pub
The Blue Anchor is situated in a prime corner location in the holiday town of Southport. The pub is surrounded by older established residential housing and only a very short walk from a newly built housing estate. It is situated in a prime corner location and has a planned external refurbishment that will transform this community local. The Blue Anchor has a large outside trading area that is ideal for families to spend time together during the warm summer months.
Demographics
The pub benefits from being one of 3 pubs found in an area of around 6230 adults. The majority customer base is made up of a mix of young to mature adults with low to medium affluence.
Facilities
* Private Accommodation
o Private accommodation consists of 3 bedrooms, living room, kitchen, and bathroom.
* Pub Games
* Live Sports
* Trading Area & Facilities
o Main trading area with bar
o Separate Sports room
o 100 internal covers
o 25 external covers
o SmartDispense
o Outside terrace with children's play area
Pub Financials
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs range from: £10,028 - £25,878.
* Annual Estimated Annual Turnover £282,427
* Annual Rent £18,331
* Deposit build up from 1 month rent £4,583
* Estimated Fixtures & Fittings Value
* Rented fixtures & fittings deal available £12,795
* Stock Valuation £5,000
* Working Capital Required £3,500
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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