tenancy
191 Oldham Road, Middleton, Manchester M24 2LD, UK
Approx. Total Ingoings
£12,750Annual Rent
£29,000The Oddfellows is a brilliant pub situated just outside Middleton on the Oldham Road. The pub has two key trading areas; the comfortable lounge area is utilised for guests wanting to relax and have a drink with friends and the vault is the predominant sports and entertainment area housing a pool table and darts board. The pub is very games, sport, and entertainment focused with football the key attraction for customers. Having recently been redecorated internally and externally the pub is very well presented and in excellent condition. This is a fantastic opportunity for an enthusiastic and sport loving publican who can integrate with the local community by building relationships to maximise trade and to successfully operate this truly great pub. Locked control
Private Accommodation: A well-presented three bedroomed flat with a living room, kitchen and bathroom.
Indoor trading area
The Oddfellows is a traditional community pub with a strong focus on football and entertainment. I am looking for a publican who understands the needs of the regular customers and can drive sales by delivering a wide range of drinks. The new publican should also be passionate about sports and be able to provide a good entertainment offer to maximise trade throughout the week as well as weekends.
Outdoor trading area
To the rear of the pub is a courtyard which has been utilised as a drinking and smoking area. There is parking for a few cars to the side of the pub although there is no official car park.
Regional Manager Comments
The Oddfellows is a traditional community pub with a strong focus on football and entertainment. I am looking for a publican who understands the needs of the regular customers and can drive sales by delivering a wide range of drinks. The new publican should also be passionate about sports and be able to provide a good entertainment offer to maximise trade throughout the week as well as weekends.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Cask Ale Live Sports
Approx. Total Ingoings
£12,750
Annual Rent
£29,000
Potential Turnover: £375,000 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: £29,000 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: £12,750 (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: £8,500 (excl VAT)
To be discussed with the Regional Manager.
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