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Run a star pub - fox pub & kitchen manchester - manchester

Manchester
Star Pubs Leased & Tenancy
€40,000 - €60,000 a year
Posted: 10h ago
Offer description

Pub Overview

Fantastic opportunity to take over this bustling premium community focused pub.

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

The area

The Fox Pub & Kitchen is nestled in the heart of Flixton Greater Manchester.

The Fox Pub & Kitchen is a vibrant hub for the local community. Surrounded by residential housing and attracts a diverse range of customers who appreciate our commitment to excellence. Currently the pub has a strong customer bases thanks to our top-notch food and a premium drinks selection.

Demographics

The pub benefits from being one of two pubs found in an area of around 2,885 adults. The majority customer base is made up of affluent mature adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a strong well thought through food & drinksoffer.

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

The site currently drives trade by offering a high quality of a pub classic menu, popular beers, ciders, wines and spirits, and coffees and by delivering excellent customer service

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

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 extensive experience in a similar food lead hospitality business. They will have a clear vision for their marketing strategy & food & drinks menu and can create a memorable experience for their customers. They would also benefit from having strong leadership skills to manage a busy kitchen team.

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
* Outdoor Trade
* Function Room
* Car Park
* Private Accommodation


Trading Area & Facilities

* Main trading area with bar
* Separate dining room
* 130 internal covers
* Two outside garden trading areas
* Catering kitchen
* Function room
* SmartDispense
* Car park


Private Accommodation

Private accommodation consists of 3 bedrooms, a living room, kitchen dining area, bathroom and office

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£32,140

Estimated Minimum Ingoing Costs

£10,208

Annual Rent

£68,500

Estimated Annual Turnover

£1,087,914

Deposit

£17,125

Estimated Fixtures & Fittings Value

£10,515

Estimated Stock Valuation

£1,000

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 Download arrow
* Energy Performance Certificate Download arrow
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