tenancy
The Delves, Swanwick, Alfreton, Derbyshire DE55 1AQ, UK
Approx. Total Ingoings
£8,000Annual Rent
£16,000The Gate Inn is an attractive mock Tudor style traditional pub, located within the charming residential village of Swanwick. Situated one mile from the A38 and a five minute walk from Swanwick high street, the pub boasts convenient proximity to local shopping, pubs and food circuits, great schools and the rolling hills of the Peak District. Its fantastic location has the benefit of a steady amount of passing traffic, as well as high footfall with those visiting the near by shops and surrounding amenities. The pub is in good condition throughout and has become famous for its quality Sunday lunch, renowned local cask ales and a warm community welcome. The new publican needs to get involved and become part of the local community and present the right offer to support the business and maximise its full potential. This is a fantastic opportunity for the a publican with good knowledge of the area, to provide a great range of cask ales, a small food offering and live sports and entertainment for their customers.
Private Accommodation: The spacious private accommodation is located on the first floor and consists of three large double bedrooms. domestic kitchen with dining area, lounge and family bathroom, all in very good condition throughout.
Indoor trading area
Having been fully refurbished around two years ago, the Gate has a modern décor providing a welcoming environment. There are two internal trade areas, each with their own bar servery. The lounge can seat around 30 and comprises a mixture of fixed seating and tables with stools. The bar is set up for games and entertainment with benches and stools for seating, as well as a pool table, TV and a dart board. The pub also hosts acoustic music occasionally.
Outdoor trading area
The front of the property has a large tarmacked car park with space for 10-15 vehicles. A patio area is situated at the rear of the property with seating for around 15 people, whilst a great beer garden runs along the side of the pub and has picnic tables seating 20 customers. The existing smoking solution is in need of updating.
Regional Manager Comments
The current customer base is made up largely of local residents who enjoy the traditional offering of a village pub. Local pool and football teams use the pub along with customers attracted by Sky sports. The Gate offers a simple light snacks menu and has a good following for its Sunday lunch trade. This is a great community pub that would suit all types of backgrounds and someone who can add value to the community hub.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Cask Ale Live Sports
Approx. Total Ingoings
£8,000
Annual Rent
£16,000
Potential Turnover: £235,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £16,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £8,000 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £10,000 (excl VAT)
To be discussed with the Regional Manager.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
