Gallery View
Key Highlights
- Canalside pub and terrace
- Imposing roadside presence
- Large trading area on two floors
- Huge catering facilities and back of house
- Large car park
Pub Overview
The Moorings is a huge brick building situated by the lovely canal side with a smart terrace for outside drinking and dining with approx 10 picnic style seating areas. The trading area is situated over the ground floor and first floor with approx. 120 covers with a large bar area as you walk in through the main doors. There is a huge catering kitchen with plenty of storage, washing up area and walk in fridges. The site has its own board room for meetings with kitchenette and two large office spaces. A one bedrooms managers flat is situated over two levels. The cellar is situated on the ground floor with yard for easy access for deliveries. The car park offers approx 30 free of charge parking spaces.
Suitable Applicants
This site would suit an experienced operator or a multiple who is used to trading large sites to high standards.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
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APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings |
£43,100 |
|
Security Deposit Payable in advance to Wells to cover charges incurred by your business - trading as a Ltd Co |
£15.600 |
|
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
£450 |
|
Working Capital Minimum working capital required |
£15,000 |
|
Stock & Glassware In the region of to cover the value of opening stock |
£6,000 |
|
Valuers Fee In the region of (paid to valuer) for valuing fixtures and fittings |
£850 |
|
Advanced Rent In the region of (usually 1 month) |
£5,200 |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est) |
£ TBC |
ANTICIPATED RETAINED INCOME
|
Drink Sales 60% |
|
|
Food Sales 40% |
|
|
Accommodation 0% |
|
|
FMT = Fair Maintainable Trade |
Ongoing Costs
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Service Charge Payable monthly, to include: Cellar cooling service, Extract clean x 3, Buildings insurance, Fire Compliance, Boiler maintenance & Electrical Test (tenancies only) |
£514 p/m |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£377 p/m |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£151 p/m |
|
Rent In the region of (payable weekly in advance) |
£62,400 p/a |
Pub Details
Is this the pub for you?
Please ring 01234 244453 to speak with our recruitment team
