You would be SNOOKER LOOPY to miss this HIGHLY INVESTED COMMUNITY PUB opportunity!!
Fully refurbished in October to a high standard, The Richmond Hotel is a FANTASTIC opportunity for an experienced Community Pub operator capable of managing high volume drink and able to manage the 18-80 demographic of the customer base. Located on a busy main road in the densly populated area of Richmond, near to several local shops, this is a large Commmunity Pub with Pool, Snooker and Live Sports. The pub attracts a wide range of age groups who visit the pub for socialising, pub games and entertainment. There is also the added benfit of a large function room with a stage, lighting and dance floor, which is a popular location for customers celebrating parties/family gatherings.
This large public house boasts three trade areas accommodating up to 200 covers all serviced by a central bar servery. There is a mixture of fixed and loose seating arrangements throughout with and an open fire in the lounge, providing a welcoming atmosphere. A games room is located to the left hand side of the property and has a TV, gaming equipment and a snooker table. The rear function room can be used for private events accommodating 100 covers or as an entertaining venue for discos or karaoke, utilising the dance floor which the room has to offer. The well-equipped basement cellar is made up of several storage rooms and is large in size.
There is space at the front of the pub for 8-10 benches for outdoor drinking.
The substantial living accommodation comprises a lounge, kitchen, four double bedrooms and two single bedrooms. The décor is newly refurbed including bathroom and carpets throughout.
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £378,496.17
Forecast Dry Turnover: £5,228.95
Forecast Other Turnover: £0.00
Forecast Turnover: £383,725.11
Year 1 Rent: £0.00
Guide Rent: £22,000.00
Initial Deposit: £0.00
Full Deposit: £5,500.00
Full Tie Release: £61,000.00
Agreement Fee: £775.00
Repair Fund: £3,000.00
Fixtures & Fittings: £20,000.00
Working Capital: £26,500.00
This is a pub that has a steep history in Sheffield and is ready for someone exceptional to come and create a new story for the Richmond Hotel! You will need to be a hands on, strong character who keeps the highest standards, both in operational terms and behavioural. We have invested heavily to create a great environment and need someone to do that investment justice and provide a great local pub that provides a safe, welcoming environment that is accessible for all the local community.
There are lots of opportunities to drive fantastic sales at the Richmond Tavern, great drinks at great prices, games and sports, realxed social space, a large versatile function room ideal for parties, meetings, celebrations, wakes and community groups.
Get in touch today!
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
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.
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