365 Stockport Road, Timperley, Altrincham, Cheshire, WA15 7UR
270k Capex Planned for this excellent site located in South Manchester.
A large capex is planned for this pub in order to improve the offer and move it towards a more aspirational and premium outlet.
One L shaped room with split levels served by one bar located centrally to the layout
The accommodation is in need of some decoration.
|Annual rent||£52,000 per annum plus 7% Turnover Royalty|
£52,000 per annum, £1,000.00 per week fixed and subject to annual RPI increase, which is capped. 5 year open market rent review. Turnover royalty percentage calculated and charged weekly along side fixed rent. Paid weekly by direct debit subject to credit check.
Entry costs approx £71,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, Schedule of Conditions, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£48,000||Working capital||£10,000|
|Other costs||£6,000||Total entry cost||£71,650|
Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Licensee is fully responsible for the maintenance and repair of the property
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)|
Timperley is a suburban village near Altrincham in the borough of Trafford, Greater Manchester. Historically in Cheshire, it is approximately seven miles southwest of Manchester.