Property Description

The New Inn will be fully renovated & 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 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 the New Inn to drive forward our pub concept?  About the pub: The New Inn is a welcoming community pub, providing great value food & drinks, and a friendly space for loyal locals to meet and enjoy everyday get togethers. A full refurbishment is planned to help you drive trade. Located within a housing estate in the town of Gleadless, close to Sheffield. There are 6 competitors within a 10-minute drive time, but all sit outside the core estate. The offer: The New Inn will offer a range of quality drinks including beers, ciders, wines and spirits along with soft drinks and low and no alcohol options. The pub will have a strong calendar of events for the community, with live sports, local teams, and occasional live entertainment on offer. 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.  Hands-on experience with kitchen management and food in a retail environment You know the local community and you can create a safe & warm welcoming atmosphere where neighbours, friends & family all feel at home. 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 New Inn 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 Separate dining room 63 internal covers 40 external covers Function room HEINEKEN SmartDispense® Beer garden Car park with 4 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 three bedrooms, lounge, bathroom and kitchen.

Premises license available on request.

Agreement Type

Just Add Talent

Property Facilities

Parking Live Sports Private Accommodation Outdoor Trade

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.

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