Property Description
Fantastic Destination Food Outlet
What would you do with this pub to make it a success?
The area
The Malt Shovel Inn is located in the village of Chorley, close to Cannock Chase. The pub is surrounded by rural housing.
Cannock Chase is an area of outstanding beauty and is popular with tourists, especially in the summer months.
The pub benefits from being the only pub within a 10minute walk, in an area of around 199 adults. The diverse customer base is made up of Country-loving families pursuing a rural idyll in comfortable village homes, many commuting some distance to work.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through 35/65 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via its premium food offer. It is occasion based at the weekends and attracts more mature couples and families throughout the week. A beautiful destination pub offering a premium selection of food and drinks in lovely surroundings.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Malt Shovel will have extensive experience in a similar destination food outlet. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Main lounge area with bar leading to restaurant
Snug area with Bar
60 internal covers
60 external covers
Extensive kitchen
Large garden with covered area and children’s play area
Patio to the side of the pub
Small Fishing Lake
Car park with approx. 40 Spaces
5 Electrical Hook-ups for caravans
Private accommodation consists of 3 bedrooms, a living room, kitchen, and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
For the full licensing details, please refer to the premises licence.
Agreement Type
Foundation Tenancy
Property Facilities
Kitchen
Parking
Outdoor Trade
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
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