Pub Overview The area The Hastings Arms is located in Seaton Delval benefits from little competition and a great reputation. Sitting in the heart of the community, it appeals both to the immediate locals and the surrounding areas. The offer Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong food & drinksoffer. What food & drinks would you look to implement in the pub? The site currently has the ability to drive trade via live entertainment and selection of pubs games, such as pool. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and cask ales. We’re always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, 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 Car Park Cask Ale Catering Kitchen Foundation Tenancy Function Room Private Accommodation Trading Area & Facilities Main trading area with bar Separate dining room Catering kitchen Function room SmartDispense Outdoor trade Car park Pub games Private Accommodation Private accommodation consists of bedrooms, kitchen, a living room and bathroom. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £43,908 Estimated Minimum Ingoing Costs £15,191 Annual Rent £36,909 Estimated Annual Turnover £593,135 Deposit £9,227 Estimated Fixtures & Fittings Value £22,565 Estimated Stock Valuation £8,616 Estimated Working Capital £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 Demographics Report Download arrow Energy Performance Certificate Download arrow