Property Description
Contemporary city centre pub refurbishment
Red Deer, Sheffield will be fully renovated and 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 this agreement.
This is your opportunity to run a newly refurbished, 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 Red Deer, Sheffield to drive forward our pub concept?
About the pub
Red Deer, Sheffield brings people together over premium drinks and live events in stylish surroundings where energy builds from day to night. A full refurbishment is planned to help you drive trade.
The Red Deer is located in central Sheffield, very close to the university buildings and one street back from the main Sheffield nightlife strip. The pub is next to the University of Sheffield building, very close to professional offices in the city centre, and within walking distance from the train station.
The area has an over-indexation on low to medium affluence across all travel distances, with a large population of young professionals and students. 54,609 people live within walking distance of the pub. Central Sheffield is highly competitive, with a large number of competing venues, but the Red Deer offers a traditional pub environment in a city centre setting, with no live TV and a more relaxed atmosphere, supported by a small function room on the first floor which is well used.
The offer
The food currently makes up 18.5% of the pub's total sales.
You can drive trade through regular live entertainment.
We’re also really interested to hear your ideas on how to drive trade.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
If you’re enthusiastic and you have what it takes to deliver great retail standards.
You love hospitality and are great with customers.
Bring creativity to build a year-round calendar of events that keeps customers coming back.
You know how to create a vibrant, contemporary pub that stands out from the crowd to keep trade flowing all week.
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...
Red Deer, Sheffield will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading area and facilities post refurbishment will be:
Main trading area with bar
Function room
63 internal covers
33 external covers
Catering Kitchen
HEINEKEN SmartDispense®
Patioed beer garden
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private accommodation consists of 3 bedrooms, kitchen, reception room, bathroom.
Premises license available on request.
Agreement Type
Just Add Talent
Property Facilities
Refurbishment Planned
Kitchen
Function Room
Outdoor Trade
Private Accommodation
Property Financials
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.
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