under offer
under offer
tenancy
75 New Street, Mold, Flintshire CH7 1NY, UK
Approx. Total Ingoings
£7,850Annual Rent
£17,500The Ruthin Castle is a traditional local pub serving the local residents of Mold, a delightful market town in Flintshire, Wales. With authentic features throughout this is a good quality pub offering three internal trading areas, entertainment, Sky TV and pub games. The beer garden to the rear of the pub is a popular spot during the summer months bringing the local community together. We are now looking for an experienced couple or publican who know the area of Mold and understand the needs of the customer base. Along with the wet-led offerings, entertainment at the Ruthin Castle is a key factor to the success of the business, the new publican should look to enhance the entertainment offer to maximise trade and drive footfall.
Private Accommodation: The private accommodation offers four bedrooms, a lounge and kitchen. This space is in need of some upgrading and redecoration based on the publicans taste.
Indoor trading area
The pub has three trading areas all of which are connected by one bar servery with open access to each area. The décor throughout is traditional with extensive use of quality stone and wood flooring. There is also plenty of seating, TV screens for sports viewing and pub games available in the pub. The use of open fireplaces and log burners creates a cosy atmosphere for drinking particularly during the winter months.
Outdoor trading area
There is a lovely outside drinking area located to the rear of the pub, a great spot during the warmer months for alfresco drinking.
Regional Manager Comments
The Ruthin Castle is a great pub located in the lovely little market town of Mold with an established local trade. This a great opportunity for an experienced local couple or publican that have knowledge of the area and understand the customer base. There is an opportunity to grow the cask ale offer here based on demand, so a publican with cask ale knowledge would be an advantage.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Cask Ale Live Sports
Approx. Total Ingoings
£7,850
Annual Rent
£17,500
Potential Turnover: £285,000 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: £17,500 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: £7,850 (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: £4,500 (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.
