Pub Overview
The area
Compasses is a Traditional village pub Located in Bayton Hill a village just outside Shrewsbury. Its located on A49. The pub backs onto a common area and this benefits the pub. What would you do with this pub to make it even more of a success?
Demographics
The pub benefits from being one of 3 pubs found in an area of around 1399 adults. The site is surrounded by housing. The residents occupying these homes are typically employed or maturing families on mid-range incomes, living a moderate lifestyle.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in maintaining a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via food and drinks, selection of pub games with established darts and dominos teams. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
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
Private Accommodation
Private accommodation consists of 2 bedrooms, bathroom and separate wc , a living room, and kitchen and office.
Pub Financials
Pub Financials Icon
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs range from**:
£10,133 - £25,400
Annual
Estimated Annual Turnover
£305,252
Annual Rent
£19,600
Entry Costs
Deposit
**Deposit build up from 1 month rent
£4,900**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£12,000**
Stock Valuation
£5,000
Working Capital Required
£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
The area
Compasses is a Traditional village pub Located in Bayton Hill a village just outside Shrewsbury. Its located on A49. The pub backs onto a common area and this benefits the pub. What would you do with this pub to make it even more of a success?
Demographics
The pub benefits from being one of 3 pubs found in an area of around 1399 adults. The site is surrounded by housing. The residents occupying these homes are typically employed or maturing families on mid-range incomes, living a moderate lifestyle.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in maintaining a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via food and drinks, selection of pub games with established darts and dominos teams. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
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
- Experienced community operator with ability to deliver a food offer
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
- Foundation Tenancy
- Catering Kitchen
- Pub Games
- Outdoor Trade
Trading Area & Facilities
- Two bar operation
- 54 internal covers
- 60 external covers
- Fully Equipped large catering kitchen
- Off road parking at back
- SmartDispense
- Large garden with benches
- Darts and dominos teams
Private Accommodation
Private accommodation consists of 2 bedrooms, bathroom and separate wc , a living room, and kitchen and office.
Pub Financials
Pub Financials Icon
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs range from**:
£10,133 - £25,400
Annual
Estimated Annual Turnover
£305,252
Annual Rent
£19,600
Entry Costs
Deposit
**Deposit build up from 1 month rent
£4,900**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£12,000**
Stock Valuation
£5,000
Working Capital Required
£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
- Energy Performance Certificate Download arrow
Contact Details:
Star Pubs Leased & Tenancy Recruitment Team
