tenancy
High Street, Kimberworth, Rotherham S61 2BH, UK
Approx. Total Ingoings
£18,500Annual Rent
£34,000The Green Dragon occupies a prominent position on the main through road of Kimberworth. Benefitting from a good-sized car park and secure beer garden, the pub has historically been at the heart of the local community. Internally the décor is clean and well maintained throughout, and the pub has recently benefited from a full external redecoration and new signage scheme. The two function rooms can also cater for business meetings and private parties and the main bar area has a number of TV screens where you can keep up to date with all the major sporting events. Stonegate Pub Partners are now looking for an experienced publican who can develop a quality traditional pub food offer to compliment the wet trade and satisfy the local demand.
Private Accommodation: The private domestic accommodation is located on the first floor of the building. It is accessed from the main bar area. It comprises of two double bedrooms and an office, living room, kitchen and family bathroom with shower.
Indoor trading area
The pub enjoys a large, well decorated internal area, split into several designated rooms. To the left of the main entrance is the pool room, with standing area for approx. 12 people and a pool table. There is also a drop-down large screen projector. The main bar area is located to the right of the entrance, which has a combination of fixed and free-standing tables and chairs for approximately 60 covers. There are several large television screens to provide sports viewing. The main bar leads through to a conservatory extension, which can be utilised as a separate dining area or meeting room and has space for up to 24 covers. The large function room is located to the rear of the pub which has a dedicated bar and upstairs there is the second function or meeting room.
Outdoor trading area
The pub benefits from several external drinking areas, including a large-grassed garden to the rear, which runs the full length of the pub with some children’s play equipment and wooden benched seating for approximately 80 covers. There is further seating to the side of the pub for approximately 20 covers, of which half has a roof covering. There is a car park to the front of the pub with space for 15 vehicles.
Regional Manager Comments
The Green Dragon presents a fantastic opportunity for an experienced publican to develop a fabulous community pub with a good traditional food offer. This potential flagship pub business can cater for various events including private parties, business meetings and life celebrations and requires new publicans with the skill set, drive and ambition to make this pub a success.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Cask Ale Function Room Live Sports
Approx. Total Ingoings
£18,500
Annual Rent
£34,000
Potential Turnover: £473,000 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: £34,000 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: £18,500 (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: £25,000 (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.
