Property Description
Community pub refurbishment opportunity
Bring your experience in managing a team and executing a plan to build a successful pub business. This is a strong community local opportunity, focused on delivering a consistent retail offer that meets local demand and drives regular, repeat visits from the surrounding estates.
The Area
The Royal Hotel is located in Woodhouse, a suburb of Sheffield, set within a large residential estate and a small local shopping run. The pub is well placed to serve the surrounding neighbourhood, acting as a convenient and familiar meeting point for local residents
The area is primarily residential, with a strong local customer base and consistent day-to-day trade driven by the nearby estates, making the Royal Hotel well suited to a community-focused pub offer.
There are 10,362 people living within walking distance of the pub. Competition includes three pubs within a 20-minute walk time: The Stag Inn, The George and The Angel.
The Offer
Available on our management agreement, Just Add Talent, the pub is a wet-led community local with a tried and tested drinks offer, designed to deliver a strong rate of sale through consistent execution, competitive pricing and live sport. Click here for more information on Just Add Talent.
We’re also really interested to hear your ideas on how to drive trade through live sport, local teams and periodic live entertainment.
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
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.
The Royal Hotel will be undergoing a refurbishment which will cover the internal areas 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
125 internal covers
40 external covers
HEINEKEN SmartDispense®
Beer garden
Private accommodation consists of 3 bedrooms, lounge, kitchen, and bathroom.
Premises licence available on request.
Agreement Type
Just Add Talent
Property Facilities
Refurbishment Planned
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.
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.
