Property Description

Recently refurbished to a high standard. A turnkey pub looking for the right operator to take it to the next level. The Jack Snipe is available on our Management Agreement, Just Add Talent. It combines our tried-and-tested pub concept with industry-leading training and support for you and your team. Click here for more information on Just Add Talent. This is your opportunity to run a ready-made pub with no utilities, stock, rent or maintenance costs. We also supply ready-to-go till, stock ordering and health & safety systems. You can rest assured knowing that we do the detail, so you can Think Bigger. If you’ve got the talent to manage a team, deliver great service, and know your local community, this is your chance to build a successful pub business. So, what would you do with the Jack Snipe to drive forward our pub concept? Great Location:   The Jack Snipe is a prominent community pub with 3,000 adults within a 10-minute walking distance. The pub is close to Skegness town centre and numerous holiday parks. While having the ability to benefit from the tourist trade, locals will remain at the heart of the business. The Offer: Available on our management agreement, Just Add Talent, the pub has a tried and tested food and drinks offer. Click here for more information on Just Add Talent. The food offer currently makes up 21% of the pubs total sales. You can drive trade through well thought through selection of pub games, such as pool, and darts, live sports and pub games machines. 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 deliver a retail offer. If you’re enthusiastic and retail focused. 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…

Trading areas and facilities: Main trading area with bar Separate dining room. 84 internal covers 68 external covers Large kitchen Heineken Smart Dispense Patioed beer garden Car park with 20 spaces

Private accommodation consists of three bedrooms, a living room, kitchen, bathroom, and office.

Premises license available on request.

Agreement Type

Property Facilities

Kitchen Live Sports Pub Games Outdoor Trade Parking Private Accommodation

Property Financials

Approx. Total Ingoings

£4,000

Annual Rent

TBC

Additional Information

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

* 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
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
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.

MISREPRESENTATION ACT 1967

My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.

The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.

Whether you’re new to the industry or you’ve got a portfolio of pubs, we’ve been helping talented publicans create amazing pubs for decades. Find out how we can help you meet your ambitions and take the next step.

Properties Nearby

Cherry Tree, Ingoldmells

tenancy

Cherry Tree, Ingoldmells

Ingoldmells

Admiral Taverns

Approx. Total Ingoings

£10,000

Annual Rent

£26,000
George & Dragon, Hagworthingham

tenancy

George & Dragon, Hagworthingham

Spilsby

Admiral Taverns

Approx. Total Ingoings

£75,000

Annual Rent

£17,000