tenancy
183 Worrall Road, Wadsley, Sheffield S6 4BB, UK
Approx. Total Ingoings
£9,500Annual Rent
£22,000The Sportsman Inn is a well-established wet-led pub in a residential suburb of Wadsley, which sits on the outskirts of the city of Sheffield. The pub has a real community feel about it and trades well from live sport, live music and community events. As well as being in a very prominent trading position in the local community, there is great potential to draw in passing trade. The Sportsman Inn is a two-bar operation that each serve a lounge area, tap room and a smaller lounge and games room. With a mixture of loose and fitted seating there is enough space throughout the pub to hold around 70 customers. The décor is traditional and clean and has been kept in good condition by the out-going publican. We are looking for an experienced publican to help drive this pub business forward.
Private Accommodation: The private accommodation includes two double bedrooms, a large domestic fitted kitchen, living room and a large bathroom plus an office.
Indoor trading area
The internal trading area is split into two rooms, the tap room and the lounge. The tap room has a pool table, juke box and can hold around 50 customers. The lounge has fixed seating around the edges and holds around 20 customers. Both rooms are serviced by their own bar, which is in affect an island bar servicing both rooms. The toilets have easy access from the bar and are located on the ground floor. There is a variety of entertainment throughout the pub ranging from television screens, music and a pool table.
Outdoor trading area
Occupying a very prominent trading position on a busy suburban through road, to the exterior the premises are well signed and attractively presented. The pub boasts a well maintained and furnished patio-style public beer garden with covered smoking shelter and a private service yard area. There is a car park to the rear of the pub which can hold around 12 vehicles.
Regional Manager Comments
This pub business has become an important focal point of the community. I am looking for someone to continue to build the community focus and spirit within the pub, whilst attracting in custom through increased online marketing and a strong rhythm of the week. A publican with some general experience would be preferred.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Live Sports
Approx. Total Ingoings
£9,500
Annual Rent
£22,000
Potential Turnover: £240,000 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: £22,000 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: £9,500 (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: £10,000 (excl VAT)
To be discussed with the Regional Manager.
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