Run a Star Pub - Fox & Hounds Walkeringham - Doncaster

Pub Overview

The area

We’re investing in this pub in the heart of Walkeringham. Situated in a charming village near Gainsborough with some 800 adults in walking distance of this pub, with no other competitor pubs in the area. The neighbourhood is made up of mature & mid-lifers, with medium-high affluence. Visitors will be a mix of local residents and tourists from the nearby marina on the River Trent and local caravan sites, looking for a relaxed pub in a scenic village location.

The offer

The Fox & Hounds is available on our investment tenancy agreement. Click here for more information on this agreement .

The pub will feature a traditional yet fresh decor, complete with a new kitchen, dining area, and lounge, making it the perfect spot for a meal, a pint, or a cosy evening by the fire. The new licensee will be at the centre of village life, offering a warm, welcoming atmosphere with classic pub food, a great drink selection, and occasional events like pub quizzes and darts nights.

Could this be you?

The right operator for The Fox & Hounds will have experience in a community-led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.

Features

• Car Park
• Catering Kitchen
• Investment Tenancy
• Private Accommodation
• Refurbishment Planned
• Pub Games

Trading Area & Facilities

The Fox & Hounds will be undergoing a refurbishment which will cover the interior of the pub.

A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.

The pubs trading area and facilities post refurbishment will be:

• 2 trading areas with bar
• 69 internal covers
• 36 external covers
• Catering kitchen
• Car Parking
• Games area
• External seating patio.

Applicants should 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. The exemption 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, as per The Pub Code (2016).

Private Accommodation

Private accommodation consists of 4 bedrooms, a living room, kitchen, and a bathroom

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£16,174

Estimated Minimum Ingoing Costs

£7,724

Annual Rent

£14,696

Estimated Annual Turnover

£160,628

Deposit

£3,674

Estimated Fixtures & Fittings Value

£6,000

Estimated Stock Valuation

£3,000

Estimated Working Capital

£3,500

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.

Downloads

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow
• Refurbishment Details Download arrow