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Run a star pub - sportsman sheffield - sheffield

Sheffield
Posted: 13 November
Offer description

Pub Overview Heart of the Community The Sportsman is a popular community local, situated on the main road in the village of Hackenthorpe, Sheffield. With 4,216 people within 10 minute walking distance of the pub, it's the perfect place to go for a quality pint and to catch up with family and friends. The pub currently has a wet-led offer, along with a great separate function room, perfect for events! The function room has been fully redecorated in the last 6 months, giving it a fresh and modern feel. Passionate Operator Wanted! 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 Function Room Car Park Private Accommodation Trading Area & Facilities The pub is currently wet led, it features a two bar operation, there's a pool room, main bar, and a recently refurbished function room. Internally, the Sportsman boasts 75 covers. Externally there is south facing patio decking, and 4 garden tables that seat an additional 20 covers outside. There's a small car park to the rear of the pub, that can hold up to 4 cars. Private Accommodation Private accommodation consists of 3 bedrooms, living room, kitchen, bathroom, and office. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £33,691 Estimated Minimum Ingoing Costs £12,504 Annual Rent £18,042 Estimated Annual Turnover £396,472 Deposit £4,511 Estimated Fixtures & Fittings Value £18,450 Estimated Stock Valuation £7,500 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 Refurbishment Details Download arrow Energy Performance Certificate Download arrow

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