Jack in a Box, Sheffield
Yorkshire and the Humber
Silkstone Road, Sheffield S12 4RP, UK
* REFURBISHMENT PLANNED *
The Jack in a Box is a large 1960’s style detached property located in a residential area four miles south-east of Sheffield town centre. It is very much a wet-led community pub and it is positioned on a busy road with great transport links to and from the city. As well as lots of housing, this suburban area has many amenities including a supermarket, pharmacy, petrol station, school and a parade of shops all within minutes of the pub. Admiral will review an external refurbishment with the right licensee (subject to board approval).
Pub Layout
The Jack in a Box has a single room, open-plan layout with two distinct trading areas around a central bar servery. To the right of the pub is a bar/pub games area with pool table, darts oche, gaming machines and TVs, with a raised window seating area and a mix of fixed & loose furniture. To the left of the pub is a more relaxed lounge bar area with a raised stage and seating. Towards the rear of the pub are the toilets, as well as a good-sized catering kitchen which is currently being under-utilised. The pub and its fixtures and fittings are in good order throughout. Externally the pub features a raised drinking area at the front of the pub with bench seating and attractive views, as well as a small car park to the right of the pub with approximately ten spaces.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The Jack in a Box currently trades as a wet-led community local, with a strong regular trade from the surrounding residents who see the pub as a real hub of their community. Midweek trade is driven mainly by the early evenings, with established pub sports teams, quiz nights and regular bingo evenings providing a good level of custom throughout the week. Regular weekend karaoke, discos and live acts are also popular and well supported by the locals. There is an excellent opportunity to develop the business further with the introduction of live sports coverage and a food offer utilising the well-equipped kitchen.
Private Accommodation
The private accommodation can be accessed via a seperate entrance from outside the pub, and consists of a lounge, kitchen, bathroom and three good sized bedrooms.
Annual Rent: £12,000
Security Deposit: £4,000
Working Capital: £1,000
Stock: £1,000
Fixtures and Fittings: Upon Valuation – Funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Ingoing Cost: 6000
Annual Cost: 12000
The pub is nestled right in the centre of the community and needs to deliver consistent high standards and a variety of activity to ensure the business maximises sales and remains the hub of the community. One of the first steps needed to achieve this is to launch a food offer which could enhance the business, especially during the day. The experience and qualities we consider desirable to run this popular community pub include enthusiasm and drive, along with the necessary catering skills to launch the food offer. This would also include having good marketing and organisational skills to develop the day to day activity needed including promoting sports, and organising regular events such as quiz nights and live entertainment.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.