tenancy
3-4 Fish Street, Shrewsbury, Shropshire SY1 1UR, UK
Approx. Total Ingoings
£11,000Annual Rent
£16,000An exciting opportunity to take over a well-established pub, known for great cask ales and a warm friendly welcome in the middle of Shrewsbury. Located on a small cartway opposite the church, the Three Fishes Inn is famous for real cask ales and home cooked food and has been for over 15 making this a fantastic opportunity to take over this great pub. Internally the pub is traditionally decorated and can accommodate up to 30 covers, with a well-equipped trade kitchen to deliver a traditional pub menu. If you have a passion for cask ale and home cooked food, then this could be the business for you.
Private Accommodation: The private accommodation is suitable for a family or couple, comprising three bedrooms, a lounge, kitchen and bathroom.
Indoor trading area
With a central bar, this one room operation is easy to run and engage with your many regular customers. The internal décor is traditional and welcoming, with great special boards, and a super offering of cask ales. A mixture of loose and fitted tables and chairs provide seating for up to 30 covers. The trade kitchen is large enough to deliver the traditional pub menu that customers have grown to love over the years.
Outdoor trading area
Due to the pub’s town centre location, there is no external trading area.
Regional Manager Comments
Pubs like the Three Fishes rarely come to market. Having been lovingly looked after, this is an exciting opportunity to take over a pub with an excellent reputation for cask ales and traditional pub food. This is a well-established pub business, which is ready to open its doors under new publicans. If you would love to run a welcoming, traditional pub, and have a passion for cask ale, then get in touch to arrange a viewing.
Retail Partnership Tenancy
Private Accommodation Kitchen
Approx. Total Ingoings
£11,000
Annual Rent
£16,000
Potential Turnover: £302,000 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: £16,000 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: £11,000 (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: £12,000 (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.
