TRAVELLERS INN KIMBERWORTH Travellers Inn, Church Street, Kimberworth, Rotherham, South Yorkshire, S61 1EP
Total Page:16
File Type:pdf, Size:1020Kb
TRAVELLERS INN KIMBERWORTH Travellers Inn, Church Street, Kimberworth, Rotherham, South Yorkshire, S61 1EP At a glance Your agreement: Retail Partnership Tenancy Potential turnover: £239,000 Guide Rent: £15,000 per annum • Located in a charming suburban community • Function room available for hire • Traditional cask ale pub • Spacious beer garden with scope to develop further • Discounts of up to £200 per barrel with an average of £160 per barrel To talk to someone about this opportunity or for any general enquiries call or email the recruitment team on: Overview of Travellers Inn The Travellers Inn is ideally located in a charming suburban community, local to 03333 20 00 36 the desirable area of Kimberworth. The main bar is spacious and traditionally decorated throughout with adequate room for around 30 customers. There is a [email protected] mix of bar-side seating, wooden chairs and comfy leather seating running along each wall. There is scope to develop a very small food offering such as warm bar snacks but the option to develop a food menu is limited. There is an area for pub games such as: a games machine, pool table and a darts board. A spacious function room is available at the pub which can be used to leverage additional income from small parties or events. This traditional cask ale pub is a great opportunity for an enthusiastic and motivated publican or couple to gain experience as a new starter in the pub industry. For enquiries, call or email the team on: 03333 20 00 36 [email protected] Regional Manager's thoughts on Travellers Inn Key features This is a lovely characterful pub which has been kept to a very high standard by the outgoing publican, the pub is very clean and tidy throughout. Food is limited as there is no catering kitchen but there is an opportunity to develop a snack ü Cask Ale menu and maximise the outdoor trading areas. A beer garden is to the rear on some under-utilised land and there are benches for eight customers to the front of the pub. Located on the first floor is a small function room, which if marketed ü Live Music correctly could generate an extra revenue stream for the business. This really is the perfect starter pub for someone looking for a career change or to launch their first pub business. ü Beer Garden Stuart Bowker, Regional Manager ü Pub Games Indoor trading area The Travellers Inn is a traditional cask ale two bar operation with one large 'L' ü Function Room shaped lounge and a small snug to the left as you enter via the front door. Traditionally decorated and in good condition throughout, the pub has fixed and loose seating for around 30 customers and can easily accommodate many more 3 Private Bedrooms standing. Located on the first floor is a function room that is currently under- utilised and could be developed further. Outdoor trading area Location There is great scope to develop the outside trading areas to generate additional Kimberworth is a lovely affluent revenue. Currently, the beer garden to the rear is not in use but with a little suburb of Rotherham, South investment an outdoor oasis could be created. There are benches to the front of Yorkshire, located about a mile or the property next to the pavement which is a popular option during the warm so from the vibrant town centre summer months. which has a population of over 250,000 people. Conveniently Your living accommodation located close to the high street and the M1 motorway the pub has The private accommodation consists of three large bedrooms, a kitchen, lounge great exposure to passing trade. and bathroom all in very good condition. The pub is surrounded by exceptional houses and local amenities and is a very popular Our proposed agreement - Tenancy pub for the locals to socialise in. The New York Stadium, home to Potential turnover Rotherham FC is less than five £239,000 per annum minutes away and can attract up to 12,000 supporters for a home This is our estimate of the potential annual turnover of the pub business. It does game. Meadowhall retail centre is not include the financial benefits of any living accommodation, which you will also only five minutes away and need to consider. attracts shoppers to the local area. Partnership terms Guide Rent: £15,000 per annum, payable weekly in advance. Based on discount scheme PARTNERSHIP BAND K. Local competition The proposed agreement: Retail Partnership Tenancy Travellers Inn, Church Street, Rotherham, S61 1EP (0.04 mi) Key terms available online here Colin, Old Wortley Road, Rotherham, S61 1NQ (0.30 mi) We will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Drawbridge, Fellowsfield Way, Tie release fees will apply. Rotherham, S61 1JN (0.33 mi) Effingham Arms, Wortley Road, Rotherham, S61 1JR (0.37 mi) Wilton Inn, Kimberworth Road, Rotherham, S61 1JD (0.45 mi) For enquiries, call or email the team on: 03333 20 00 36 [email protected] Estimated capital start-up £8,750 (excl VAT) Often referred to as ingoing costs. Includes stock & glassware at valuation, cash float and a deposit (calculated as 25% of £15,000), refundable at the end of your agreement dependent on your account being in good order. Up to two 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. Estimated fixtures & fitting value £10,000 (excl VAT) To be discussed with the Regional Manager Rateable value £9,700 - For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search Uniform Business Rate April 2018 49.3p (England) 51.4p (Wales). To establish the rate payable, please contact the relevant Local Authority. For enquiries, call or email the team on: 03333 20 00 36 [email protected].