Ye Olde Kings Head
30 Bradley Smithy, Byrons Lane, Gurnett, Macclesfield, Cheshire, SK11 0HD
Countryside living with suburban convenience. This newly refurbished pub benefits from a £130,000 investment made in Autumn 2015.
Ye Olde Kings Head is an historic inn which has been sympathetically refurbished for the 21st century. It represents a chance to work in a pub similar in outlook to Greene King: both forward-looking and respectful of its heritage.
The pub was fully refitted inside and out just 8 months ago, helping make a trip here a real treat for visitors from the local canal and the various local caravan sites. The location and enviable kerb appeal means trade can be very strong, and a tantalising lunch and evening menu will work wonders in bringing in the local and visiting guests who can also enjoy one of the six cask ales.
The recent renovation has retained the period features, whilst creating an inviting, modern ambience. The two trade areas have real open fires, wooden beams, and original exposed stonework creating a welcoming, warm and relaxing atmosphere. The one bar serves the two trade areas, reducing the number of staff that need to be available to provide the service guests deserve. The good quality outside seating area is popular in the summer months with the walkers and visitors to the canal. A reputation as a dog friendly pub only adds to this.
|Car park spaces||14|
Redecorated as part of the recent refurbishment, the accommodation consists of two bedrooms, lounge, bathroom and kitchen.
|Annual rent||£24,500.00 per annum|
|Weekly rent||£471.15 per week fixed|
£24,500 per annum, £471.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check.
Entry costs approximately £18,150 (Fixtures and Fittings figures are still to be valued and an assisted purchase may be available to assist with this) Entry costs include 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). Fixtures and Fittings figure is to be determined
|Fixtures & fittings||TBC||Working capital||£5,000.00|
|Other costs||£5,500.00||Total entry cost||£18,150.00|
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
•50/50 profit split of machines income
•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 picturesque market town of Macclesfield is a popular destination for the many tourists who are drawn to the charming countryside, scenic canal, and it's history as the centre of the British Silk Trade. Situated on the edge of Macclesfield, but surrounded by countryside, the pubs location enables countryside living with the convenient amenities of a large town.
There are many excellent schools in the area with attainment exceeding the national average. Macclesfield is also home to The King's Independent Grammar School, one of the Telegraph's top 200 schools in the UK.