Property Description
A refurbishment investment of around £195,000 is planned to transform The Rose & Crown into a premium local pub, appealing to both the local community and walkers. What would you do with this pub to make it a success?
The Area
The Rose & Crown is located in Wadsley, a Sheffield suburb. The pub benefits from being one of five pubs found in an area with around 14,944 residents within walking distance. The customer base is made up of young, midlife and mature adults.
The surrounding area is known for its local walking routes, including a walking trail starting at the pub’s car park that leads to a scenic viewpoint. There are four nearby competitors, all positioned within the community segment.
The Offer
The Rose & Crown is available on our investment tenancy agreement. Click here for more information on our agreements.
The refurbishment will reposition the pub as the best Premium Local in the area, appealing to both the local community and walkers. With a full internal and external refurbishment and a strong focus on upgrading the large beer garden, the pub is well placed to attract weekend walking trade, improve dwell time through a simple but robust food offer, and maximise summer opportunities. The investment will create a warm, cosy environment with premium finishes, helping the pub stand out in the area.
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…
The Rose & Crown will be undergoing a refurbishment which will cover the full internal and external areas of the pub.
A full list of works and the pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading areas and facilities post-refurbishment will be:
Main trading area with bar
Separate dining room
75 internal covers
115 external covers
Catering kitchen
SmartDispense
Beer garden
Car park with 9 spaces
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, a living room, kitchen, bathroom, and office.
Premises license available on request.
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Kitchen
Live Sports
Pub Games
Outdoor Trade
Private Accommodation
Children's Play Area
Parking
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
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
** 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.
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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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.
