Run A Star Pub - Bulls Head Denby - Ripley

Details of the offer

Pub Overview Well-Established Food Business The Bull's Head is a spacious destination food pub located within the beautiful Derbyshire village of Denby.
The pub is known locally as both a welcoming community pub and as a place to go for quality pub food.
The pub is split into three trading areas - two casual bars and a restaurant.
The restaurant itself extends upstairs into a space that can double as a function room, creating another income stream for the business.
Opportunity at The Bull's Head lies not only with the food side of the business but also through driving community events.
The pub also boasts a large, well kept beer garden and a car park.
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 Catering Kitchen Function Room Car Park Outdoor Trade Private Accommodation Investment Tenancy Trading Area & Facilities Inside, the pub is split into three distinct trading areas - two main bars and a restaurant.
The restaurant extends upstairs to a space which can double as a function room.
Outside, the pub has a spacious beer garden and car park.
Private Accommodation Private accommodation at the pub consists of two bedrooms, bathroom, kitchen and living room.
Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £50,897 Estimated Minimum Ingoing Costs £18,965 Annual Rent £41,589 Estimated Annual Turnover £667,529 Deposit £10,397 Estimated Fixtures & Fittings Value £25,000 Estimated Stock Valuation £12,000 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.
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Nominal Salary: To be agreed

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