- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- Hereford Road, Shrewsbury, SY3 0DB
- Salary
- To be discussed
- Ref
- 1832015466
- Starts
- Closes
Pub Overview
The Three fishes is located in Bayston Hill on the main A49 road leading onto the A5 and less than 3 miles away from the centre of the beautiful historical town of Shrewsbury. The site is surround by lots of houses and is well supported by local residence of all ages. The pub has a warm and welcoming feel and is bright and inviting with a separate lounge and a bar area. Adding to this there is a great beer terrace to the rear of the pub and with its slightly quirky layout, is perfect for alfresco drinks on those hot summer days. An opportunity exists to reinvigorate and grow both wet and food sales through the introduction of a robust marketing plan to include widening the target catchment area.
Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
If this sounds like the incredible pub opportunity you've been waiting for, apply today and tell us what you can bring to this pub's next chapter…
Features
Trading Area & Facilities
The pub is located on the main A49 and is accessed directly from the pavement to the front and separately from an outside trading area to the rear. The trading areas comprise a central bar to the front of the pub that services both the bar area and the dining room. The dining room is situated to the right of the bar and has an inviting fire at the end of the room. The bar area has a combination of different styles of seating to accommodate all customer's needs. There is also access from the bar leading to a good sized outside trading space including bench style seating's. The catering kitchen on site can cater for circa 30 covers. The pub also includes a car park to the side of the building.
Private Accommodation
The private accommodation at The Three Fishes consists of 3 bedrooms, bathroom, and Kitchen with lounge area. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Pub Financials
Annual Rent £
12,890
Estimated Annual Turnover £
182,890
Deposit £
3,223
Estimated Fixtures & Fittings Value £
7,945
Estimated Stock Valuation £
4,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
18,668
Estimated Minimum Ingoing Costs £
8,574
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.
The Three fishes is located in Bayston Hill on the main A49 road leading onto the A5 and less than 3 miles away from the centre of the beautiful historical town of Shrewsbury. The site is surround by lots of houses and is well supported by local residence of all ages. The pub has a warm and welcoming feel and is bright and inviting with a separate lounge and a bar area. Adding to this there is a great beer terrace to the rear of the pub and with its slightly quirky layout, is perfect for alfresco drinks on those hot summer days. An opportunity exists to reinvigorate and grow both wet and food sales through the introduction of a robust marketing plan to include widening the target catchment area.
Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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 pub's next chapter…
Features
- Catering Kitchen
- Foundation Tenancy
- Car Park
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities
The pub is located on the main A49 and is accessed directly from the pavement to the front and separately from an outside trading area to the rear. The trading areas comprise a central bar to the front of the pub that services both the bar area and the dining room. The dining room is situated to the right of the bar and has an inviting fire at the end of the room. The bar area has a combination of different styles of seating to accommodate all customer's needs. There is also access from the bar leading to a good sized outside trading space including bench style seating's. The catering kitchen on site can cater for circa 30 covers. The pub also includes a car park to the side of the building.
Private Accommodation
The private accommodation at The Three Fishes consists of 3 bedrooms, bathroom, and Kitchen with lounge area. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Pub Financials
Annual Rent £
12,890
Estimated Annual Turnover £
182,890
Deposit £
3,223
Estimated Fixtures & Fittings Value £
7,945
Estimated Stock Valuation £
4,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
18,668
Estimated Minimum Ingoing Costs £
8,574
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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