- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- Falcon Street, Ipswich, IP1 1SL
- Salary
- To be discussed
- Ref
- 364722167
- Starts
- Closes
Pub Overview
The Falcon is in the heart of Ipswich's town centre. The pub is in a busy area and surrounded by lots of other businesses and venues.
The pub currently offers a great environment for customers to enjoy good food and drinks. whether on a lunch break, an evening out after work, or celebrating with friends and family.
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 has a large open plan lounge area with mixed seating that caters for those wanting drinks or a bite to eat. There is also a function room upstairs great for private events. This provides extra seating and there is direct access to the function room.
Private Accommodation
Please note that there are no shower/bathing facilities or any domestic kitchen on site. The private quarters consist of 3 large rooms, a storage room and a toilet with basin.
Pub Financials
Annual Rent £
22,686
Estimated Annual Turnover £
371,213
Deposit £
5,672
Estimated Fixtures & Fittings Value £
15,285
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
29,457
Estimated Minimum Ingoing Costs £
10,391
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 Falcon is in the heart of Ipswich's town centre. The pub is in a busy area and surrounded by lots of other businesses and venues.
The pub currently offers a great environment for customers to enjoy good food and drinks. whether on a lunch break, an evening out after work, or celebrating with friends and family.
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
- Function Room
- Smoking Area
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities
The pub has a large open plan lounge area with mixed seating that caters for those wanting drinks or a bite to eat. There is also a function room upstairs great for private events. This provides extra seating and there is direct access to the function room.
Private Accommodation
Please note that there are no shower/bathing facilities or any domestic kitchen on site. The private quarters consist of 3 large rooms, a storage room and a toilet with basin.
Pub Financials
Annual Rent £
22,686
Estimated Annual Turnover £
371,213
Deposit £
5,672
Estimated Fixtures & Fittings Value £
15,285
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
29,457
Estimated Minimum Ingoing Costs £
10,391
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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