236 Crookes, Crookes, Sheffield, South Yorkshire, S10 1TH
This pub is in a great location with high prominence on the busy main road. It offers a large open plan trading style with a catering kitchen, front of house pizza oven and offers wide range of cask and craft beers. Built over three floors it offers the right person a great living accommodation close to the city centre and in the busy town of Crookes. It has been recently refurbished to a high standard, which will make the perfect business for someone looking to grow and develop a food business with a cask ale and craft beer theme.
Invested in 2015 &16 this site has only become available due to unforeseen circumstances giving the right operator a great opportunity to pick up this business and take it to the next level.
Its already established as a great place for its pizza offer with a fantastic range of cask and craft beers. Therefore, we are looking for someone who can drive the wet sales and grow the large local business trade too.
Its open plan, one central bar operation makes for ease of use and with the front of house pizza oven making a great selling point for the pub.
Surrounded by houses there is a large locals trade to be targeted and with locality close to the two city universities and Crookes being a popular residence for the many thousands of students, we also have a mass market for meal deals and beer deals to attract the younger target market too.
Open plan single bar operation. Segmented areas enable drinking and dinning to run side by side. Large trade space allowing for the many customers to sit comfortably on busy nights. The front of house Pizza offer is served by a catering kitchen to the rear making for ease of service and potential to develop other food avenues other than Pizza.
|Car park spaces||20|
The accommodation sits on three floors with larger than normal rooms making this ideal for people with families. Its serviced by the rear door which also leads into the trade area so there is no need to go through the pub to get to the accommodation and separate exit and entry means family members can come and go without disruption.
|Annual rent||£38,000 per annum|
|Weekly rent||£730.77 per week fixed|
£38,000 per annum, £730.77 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £43,475.00 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). *F&F shown and can be 1/4 assisted purchased over 1 to 5 years*.
|Fixtures & fittings||£31,825||Working capital||£4,000|
|Other costs||TBC||Total entry cost||£43,475|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
|Volume notes||The site moved from Sports wet led to food and cask/craft in 15-16. As such a volume decline was expected due to the change in the offer. With the new operator we would look to develop the food offer and drive the wet business and gain back some of the lost business available.|
Crookes is a very busy town with many local shops, bars and restaurants. It lies a few miles out of the main city and close to the busy universities too. The pub also sits on the very busy Crookes road with high volumes of passing trade. It also commands a high presence sitting three storeys high and one large corner plot too.