If you are looking to lease a pub in Bayston Hill? You could run ‘The Three Fishes’!
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Lease A Pub In Bayston Hill – Run The Three Fishes !
Lease A Pub In Bayston Hill – Run The Three Fishes !
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.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Lease A Pub In Bayston Hill – Run The Three Fishes !
The Three Fishes Bayston Hill
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.
Premises Licence Details
Please refer to premises license for full details.
Premises Licence Opening Hours
Mon 10:00 –00:30
Tues 10:00 –00:30
Weds 10:00 –00:30
Thurs 10:00 –00:30
Fri 10:00 –01:30
Sat 10:00 –01:30
Sun 12:00 –00:30
The Three Fishes Bayston Hill
Pub Financials
Annual Rent £13,330
Estimated Tenants Annual Operating Profit £15,079
Representative HEINEKEN UK Brand Discount Per Barrel £180
Estimated Annual Turnover £171,137
Estimated Annual Barrelage 103
* 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
Your Investment
Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £4,000
Estimated Fixtures and Fittings Valuation Fee £250
Estimated Stock Valuation £4,000
Deposit Amount £3,333
Rent in Advance £256
Training Fee £425
Estimated Designated Premises Supervisor / Manager Fee £60
Premises Licence Fee £180
Rates Assessment Fee £55
Estimated Legal Fees £650
Estimated Total Ingoing Costs £13,209
Estimated Minimum Ingoing Costs £8,876
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £1,222
Estimated Annual Maintenance Compliance Charge £1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £6108
Estimated Annual Repairs Fund £1300
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor – your solicitor’s fees are not included in the above estimate
The Three Fishes Bayston Hill
Passionate community friendly operator Wanted
Have you got a positive and driving attitude to make this business a success? Do you have a clear vision for how you can bring success to a community-focused pub? If so, we want to hear from you. We are looking for someone that can serve excellent products with passion and quality. The ability to drive trade by a unique and fantastic offer of food and drink is essential.
