tenancy
Station Road, Creigiau, Cardiff CF15 9NT, UK
Approx. Total Ingoings
£14,500Annual Rent
£32,000This traditional village pub is located in the charming village of Creigiau, just outside Cardiff. The pub sits on a corner plot offering great road side presence, generating a large amount of not only passing trade but local. A one bar operation with separate dining area has traditional decor throughout. The pub benefits from good sized car park adjacent to the business and a substantial beer garden. The pub has a commercial kitchen able to deliver a traditional pub menu. It is vital that the new publican has ample experience who can cement themselves within the community whilst delivering a great food offering.
Private Accommodation: The private accommodation comprises six bedrooms, a lounge and a kitchen, and would be ideally suited as a family home.
Indoor trading area
The Creigiau Inn is a well-presented traditional village pub. Internally the pub has two distinct areas; a bar and a dining room. With loose fitting tables and chairs throughout and large windows making the pub light and airy, the Creigiau Inn is served by a large single bar and can host around 50 covers. In addition, there is a good-sized kitchen capable of delivering a traditional home-cooked pub menu.
Outdoor trading area
To the side of the pub the Creigiau Inn boasts a beer garden with seating for around 30 covers. The car park provides spaces for 20 vehicles and the entrance is to the rear, which provides customers direct access to the pub itself and the beer garden.
Regional Manager Comments
I have been involved in operating pubs in South Wales for over 30 years. As the customer demand is for a great quality traditional food offering, I am looking for an experienced hospitality professional who will provide a strong welcome while delivering excellent quality food, beer and wine.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale
Approx. Total Ingoings
£14,500
Annual Rent
£32,000
Potential Turnover: £421,000 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: £32,000 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: £14,500 (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: £13,000 (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.
