tenancy
496 Sprowston Road, Norwich NR3 4DY, UK
Approx. Total Ingoings
£21,750Annual Rent
£39,000The Brickmakers is prestigious live music venue enjoying acts seven days a week, situated just off the ring road to the North of Norwich city centre. Comprising two indoor stages and bars along with an outdoor stage this large capacity venue has been a mecca for endless grassroots acts over the 20 years that the current publicans have run the venue. Due to the nature of the business, it attracts customer from far and wide beyond the Norwich area. Stonegate are currently looking for an experienced publican with a passion for music to continue driving this pub further within not only the hospitality industry but also the music industry.
Private Accommodation: The spacious living accommodation comprises three double bedrooms, lounge, kitchen and bathroom
Indoor trading area
The internal trading area comprises two stages, each with its own bar. The main stage has a capacity for 330 and the second stage which is slightly more compact, known as B2, has a capacity for 220. The venue is fully fitted out with high quality sound and lighting along with many other great features that can be seen upon viewing. In addition is benefits from air conditioning for those busy events and includes fitted benches and loose tables and chairs throughout, allowing customers to enjoy a seat whilst the live entertainment plays in the background.
Outdoor trading area
The Brickmakers benefits from a large, enclosed beer garden laid to lawn. This area is presently home to a new outdoor stage that can be purchased as an addition to the fixtures and fittings. There is also a covered patio to the front and additional covered space to the rear. To the front and rear of the property there is a paved 50 space car park for all vehicles.
Regional Manager Comments
The Brickmakers is a well-established live music venue looking for an experienced publican, with music knowledge, who can carry on the amazing work of our current publicans and continue to build on the great trade levels they have developed.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Parking Cask Ale
Approx. Total Ingoings
£21,750
Annual Rent
£39,000
Potential Turnover: £505,000 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: £39,000 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: £21,750 (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: £28,000 (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.
