Property Description
Coming soon! We are currently working up the financials for this site, so all quoted figures are indicative only.
We are accepting applications in the meantime so apply today!
Great opportunity to run this traditional pub near Keele university with nine fully refurbished letting rooms, meeting/function room and a great traditional pub with a strong local following. What would you do with this pub to make it even more of a success?
The Area:
The Crewe Arms is located in the town of Madeley, close to Crewe & Stoke On Trent. The pub is in a great semi-rural location on a main road, surrounded by mixed housing.
Demographics:
The pub benefits from being one of three pubs found in an area of around 500 adults. Customer base has a mix of people, with many older adults, retirees, students and some affluent households. The population is evenly split between men and women. It’s a diverse group overall.
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 52% wet, 15% dry & 33% accommodation food & drinks and letting rooms offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via letting rooms, selection of pub games, such as pool, and darts, and live entertainment. It offers a selection of cask ales, a pub classic menu, and popular beers, ciders, wines and spirits.
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 pub will have extensive experience in a similar hospitality business. They will have a clear vision for their marketing strategy, food & drinks menu and entertainment offer and can create a memorable experience for their customers...
Main trading area with bar
Separate dining room
110 internal covers
20 external covers
Large catering kitchen
Function room
HEINEKEN SmartDispense
Nine fully refurbished letting rooms with the potential to add a further one
Small patioed garden
Car park with 46 spaces
Pool Table, Darts Board, Games Area
Private accommodation consists of a two bedroom cottage with a living room, kitchen, bathroom, and office. Above the pub there is a further two bedrooms, a living room, kitchen, bathroom, and office for private use.
Premises license available on request.
Agreement Type
Foundation Tenancy
Property Facilities
Kitchen
Letting Rooms
Outdoor Trade
Pub Games
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
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
