- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- Station Road, Aldershot, GU11 1HT
- Salary
- To be discussed
- Ref
- 159746036
- Starts
- Closes
Pub Overview
Proposed Name Change to The Platform
Fantastic refurbishment planned
A Full internal refurbishment will transform The Platform into a Premium local that becomes a comfortable place for locals to watch sports. Inside, the pub will be redecorated throughout. Other upgrades throughout the pub, reducing the Bar size to create additional trade area, full refurbishment of the current toilets, addition of new lighting to create a more appealing comfortable atmosphere. This will give the pub a premium feel and more trading opportunities.
Outside the pub will include new signage and lighting that will also be installed which will increase the kerb appeal.
Sports and community focused area
The Platform is located in Aldershot, in Hampshire. The pub itself is situated near to the Train Station and is a short walk to the town centre. There are 7,000 adults within a ten-minute walk of the pub and 20,000 within a 20 minute walk. There are 9 competitor pubs within a 10 minute walk but The Platform is the first pub you come to after the railway station in Aldershot giving it the edge on the surrounding competitors for the passing commuters using the train line.
A pub business with potential
The Platform will operate as a Premium community favourite once refurbished. The planned investment will allow us to fully re-decorate the pub and give the ample passing trade a reason to visit. These changes will give the pub the ability to appeal to a broad spectrum of consumers who want to meet friends for a drink or to stop for a drink after on their way home from work. This pub has bags of potential. All we are looking for is the right operator.
Target customers:
When refurbished, The Platform will appeal to a very broad spectrum of customers, including:
All ages and mixed groups
Local residents and sports fans wanting to watch live sports
Offer:
When refurbished, The Platform will offer:
A high quality, focused range of drinks including favourite lagers, spirits and wines
Coffee and Wi-Fi will be a lucrative way to entice customers throughout the day.
A focus on live sports, quiz nights and themed evenings,
Entertainment as part of the rhythm of the week
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 Platform will have experience in high street hospitality businesses. They will have a clear vision for their drinks menu, sports offer 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 pubs next chapter…
Features
Trading Area & Facilities
There will be a full internal refurbishment done at this site which will bring a new lease of life to this pub. With Feature walls, New Oak floors, Seperate Dining and Drinking Zones the space available will be maximised to ensure there is a free flowing feel to the pub.
Please be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. This means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site. This applies to all pubs in England & Wales as per The Pub Code (2016). '
Private Accommodation
The Private Accommodation consists of 2 bedrooms, bathroom, kitchen and living room.
Pub Financials
Annual Rent £
34,000
Estimated Annual Turnover £
483,760
Deposit £
8,500
Estimated Fixtures & Fittings Value £
34,710
Estimated Stock Valuation £
10,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
56,710
Estimated Minimum Ingoing Costs £
56,710
The above figures are provided as a guide only and will be finalised 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 finalised 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 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's 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 £10,000 un-borrowed funds.
Proposed Name Change to The Platform
Fantastic refurbishment planned
A Full internal refurbishment will transform The Platform into a Premium local that becomes a comfortable place for locals to watch sports. Inside, the pub will be redecorated throughout. Other upgrades throughout the pub, reducing the Bar size to create additional trade area, full refurbishment of the current toilets, addition of new lighting to create a more appealing comfortable atmosphere. This will give the pub a premium feel and more trading opportunities.
Outside the pub will include new signage and lighting that will also be installed which will increase the kerb appeal.
Sports and community focused area
The Platform is located in Aldershot, in Hampshire. The pub itself is situated near to the Train Station and is a short walk to the town centre. There are 7,000 adults within a ten-minute walk of the pub and 20,000 within a 20 minute walk. There are 9 competitor pubs within a 10 minute walk but The Platform is the first pub you come to after the railway station in Aldershot giving it the edge on the surrounding competitors for the passing commuters using the train line.
A pub business with potential
The Platform will operate as a Premium community favourite once refurbished. The planned investment will allow us to fully re-decorate the pub and give the ample passing trade a reason to visit. These changes will give the pub the ability to appeal to a broad spectrum of consumers who want to meet friends for a drink or to stop for a drink after on their way home from work. This pub has bags of potential. All we are looking for is the right operator.
Target customers:
When refurbished, The Platform will appeal to a very broad spectrum of customers, including:
All ages and mixed groups
Local residents and sports fans wanting to watch live sports
Offer:
When refurbished, The Platform will offer:
A high quality, focused range of drinks including favourite lagers, spirits and wines
Coffee and Wi-Fi will be a lucrative way to entice customers throughout the day.
A focus on live sports, quiz nights and themed evenings,
Entertainment as part of the rhythm of the week
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 Platform will have experience in high street hospitality businesses. They will have a clear vision for their drinks menu, sports offer 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 pubs next chapter…
Features
- Catering Kitchen
- Foundation Tenancy
- Live Sports
- Refurbishment Planned
Trading Area & Facilities
There will be a full internal refurbishment done at this site which will bring a new lease of life to this pub. With Feature walls, New Oak floors, Seperate Dining and Drinking Zones the space available will be maximised to ensure there is a free flowing feel to the pub.
Please be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. This means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site. This applies to all pubs in England & Wales as per The Pub Code (2016). '
Private Accommodation
The Private Accommodation consists of 2 bedrooms, bathroom, kitchen and living room.
Pub Financials
Annual Rent £
34,000
Estimated Annual Turnover £
483,760
Deposit £
8,500
Estimated Fixtures & Fittings Value £
34,710
Estimated Stock Valuation £
10,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
56,710
Estimated Minimum Ingoing Costs £
56,710
The above figures are provided as a guide only and will be finalised 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 finalised 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 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's 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 £10,000 un-borrowed funds.
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