Pub Overview
The area The Hope & Anchor is a popular high street pub in the village of Greatham, situated very close to Hartlepool. It is near other local businesses on the main thoroughfare through Greatham. The village has a traditional feel and is mainly occupied by professional couples and families. New housing development is due to be built in the village which will boost the population and create an excellent opportunity to increase footfall.
The offer Available on our foundation tenancy agreement. The potential of this pub lies in developing a strong food & drink offer. What food & drinks would you look to implement in the pub?
It offers a selection of popular beers, ciders, wines, and spirits along with a pub classic menu.
We’re always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a high street hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Features Catering Kitchen Foundation Tenancy Car Park Outdoor Trade Private Accommodation
Trading Area & Facilities Main trading area with bar Separate dining room Catering kitchen Function room SmartDispense Outdoor trade Car park
Private Accommodation The private accommodation is of a good size, suitable for a family. It consists of 3 bedrooms, kitchen, bathroom, and lounge. Where required, appropriate works will be carried out in line with the Star Pubs & Bars Ready to Trade Promise.
Pub Financials Estimated Total Ingoing Costs: £31,249 Estimated Minimum Ingoing Costs: £11,750 Annual Rent: £26,994 Estimated Annual Turnover: £415,314 Deposit: £6,749 Estimated Fixtures & Fittings Value: £15,000 Estimated Stock Valuation: £6,000 Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalized at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build-up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 months' rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.
Downloads Demographics Report Energy Performance Certificate
#J-18808-Ljbffr
The area The Hope & Anchor is a popular high street pub in the village of Greatham, situated very close to Hartlepool. It is near other local businesses on the main thoroughfare through Greatham. The village has a traditional feel and is mainly occupied by professional couples and families. New housing development is due to be built in the village which will boost the population and create an excellent opportunity to increase footfall.
The offer Available on our foundation tenancy agreement. The potential of this pub lies in developing a strong food & drink offer. What food & drinks would you look to implement in the pub?
It offers a selection of popular beers, ciders, wines, and spirits along with a pub classic menu.
We’re always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a high street hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Features Catering Kitchen Foundation Tenancy Car Park Outdoor Trade Private Accommodation
Trading Area & Facilities Main trading area with bar Separate dining room Catering kitchen Function room SmartDispense Outdoor trade Car park
Private Accommodation The private accommodation is of a good size, suitable for a family. It consists of 3 bedrooms, kitchen, bathroom, and lounge. Where required, appropriate works will be carried out in line with the Star Pubs & Bars Ready to Trade Promise.
Pub Financials Estimated Total Ingoing Costs: £31,249 Estimated Minimum Ingoing Costs: £11,750 Annual Rent: £26,994 Estimated Annual Turnover: £415,314 Deposit: £6,749 Estimated Fixtures & Fittings Value: £15,000 Estimated Stock Valuation: £6,000 Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalized at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build-up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 months' rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.
Downloads Demographics Report Energy Performance Certificate
#J-18808-Ljbffr
