16 Fountain Street, Manchester, Lancashire, M2 2AA
Historic pub in a great city-centre location. Famous for showing great sport and providing a welcoming atmosphere.
The Shakespeare dates back from Tudor times, it was originally located in Chester and moved, brick-by-brick, in the 1920s to its current location. The business is famous for its great atmosphere and superb selection of cask ales. Known for showing sport, people seek it out when there’s a match on.
This is a traditional pub that provides a welcome escape for the bustle of the city. The outside of the pub still has the original Tudor façade and inside, the space behaves as a modern retail operation but keeps many of the traditional fittings that help to keep things authentic.
The private accommodation is fairly large. With its own kitchen, the space is self-contained and although it could do with some updating, it would be a great city centre location for your family.
|Annual rent||£90,500 per annum|
|Weekly rent||£1,740.38 per week fixed|
£90,500 per annum, £1,740.38 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £16,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Fixtures and Fittings are still to be valued*
|Fixtures & fittings||£0||Working capital||£6,000|
|Other costs||£3,000||Total entry cost||£16,650|
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)|
The pub fronts onto Fountain Street and because of its timber framed design, stands out from other buildings in the area. It is a stone’s throw from the famous Arndale shopping centre, surrounded by shops and directly opposite Primark and Debenhams.