tenancy
44 Market Street, Hollingworth, Hyde SK14 8LN, UK
Approx. Total Ingoings
£7,000Annual Rent
£12,000The New Inn is a strong community wet-led pub supported by the lovely locals of Hollingworth village. The pub which has recently benefitted from new external signage and internal decoration, comprises of a wraparound bar, sports area and a rear patio garden, making the pub a favourite for entertainment and drinks. This is a fantastic opportunity for the publican to develop the entertainment schedule and promote sporting events with the support of Sky and BT sports. Whether you are new to the trade or an experienced publican, this marvellous site is ideally suited to those who can provide a warm welcome and maintain the highest of standards.
Private Accommodation: The spacious private accommodation includes three bedrooms, a bathroom as well as a lounge and kitchen. It is in good order and features a recently fully fitted kitchen.
Indoor trading area
The New inn has recently benefited from new modernised internal decoration and offers a easily managed one bar operation with a medium size lounge and a mixture of fixed and loose seating for up to 50 covers. There is also a separate games area which could host a small pool table and a darts board, this is a great area for customers to take advantage of the Sky and BT sports offered at the pub. There is an adequate trade kitchen which offers the new publican the potential to introduce a new light snacks menu.
Outdoor trading area
The front of the pub has recently had new external signage and offers convenient seating with two picnic benches. To the rear of the property there is a patio providing additional benched seating with umbrellas. There is a car park located to the side of the pub which offers space for six vehicles.
Regional Manager Comments
A fantastic opportunity has arisen for a new or experienced publican to take on this busy pub in the heart of Hollingworth. The New Inn provides an excellent opportunity to drive wet sales and promote sports and entertainment throughout the week for the local community. As the pub is located on a through road from Glossop to Sheffield, the new publican has a great opportunity to attract passing trade by introducing value for money offers and a lunch time menu. Available on a Beacon Partnership Tenancy agreement, this allows the business to trade with highly competitive retail prices and strong value orientated drinks offers, backed by enhanced marketing support and a retail standard focus.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking
Approx. Total Ingoings
£7,000
Annual Rent
£12,000
Potential Turnover: £237,000 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: £12,000 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: £7,000 (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: £4,500 (excl VAT)
To be discussed with the Regional Manager.
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.
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.
