Pub Overview
An extensive refurbishment will transform The Chambers Barnsley, which will be renamed The Chronicle, into a quality modern pub to appeal to both locals and visitors. This is an excellent business opportunity in a great location, perfect for engaging with the local community.
Major refurbishment to beautiful pub just outside the town centre.
The area
We’re investing in a full refurbishment of The Chambers, which will soon be renamed The Chronicle, in Barnsley Town Centre. This project will transform the pub inside and out, giving it a modern look to appeal to both locals and visitors. The venue will offer live sports during the day and a lively atmosphere in the evenings with entertainment like live music, DJ sets, and karaoke, all while keeping the drinks competitively priced.
With thousands of people living nearby and plenty of foot traffic in the area, this pub has strong potential to attract a wide range of customers. We’re looking for a licensee with experience in busy town-centre venues, who can take advantage of this newly refurbished space and help it become a key spot in Barnsley’s social scene.
The offer
Drinks:
• The Chronicle will offer a wide range of drinks, including premium lagers, ciders, spirits, wines, some cocktails along with a great range of soft drinks and low & no options. This variety caters to everyone, from regulars enjoying beers to visitors seeking a more premium experience, ensuring the pub appeals to a broad audience.
Events:
• The pub will offer live sports, music, DJ sets and karaoke. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week.
The right operator
The right operator for The Chronicle will have extensive experience in high street businesses. They will have a clear vision for their marketing strategy and entertainment offer and can create a memorable experience for their customers.
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
* Investment Tenancy
* Refurbishment Planned
* Function Room
* Music Venue
* Pub Games
Trading Area & Facilities
The Chambers will be undergoing a refurbishment which will cover the interior and the exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub's trading area and facilities post refurbishment will be:
* Main trading area with bar
* 33 internal covers
Private Accommodation
The pub has no private accommodation.
Pub Financials
Estimated Total Ingoing Costs
£26,217
Estimated Minimum Ingoing Costs
£12,960
Annual Rent
£23,531
Estimated Annual Turnover
£553,854
Deposit
£5,882
Estimated Fixtures & Fittings Value
£9,335
Estimated Stock Valuation
£7,500
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalized 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 finalized 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.
Downloads
* Demographics Report Download arrow
* Energy Performance Certificate Download arrow
* Refurbishment Details Download arrow
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