Pub Overview
The White Bear is located in the town of Knutsford, close to Tatton Country Park. The pub is situated in the town centre close to Princess Street (locally known as ‘Top Street’ and ‘Bottom Street’) - a busy high street with lots of footfall. This is a family-friendly pub with an amazing secret garden to the rear complete with patio heaters and festoon lighting, perfect for spending time with friends or family, chatting over a cold beer.
The pub sits in the heart of a loyal community and entertains by showing all live sports including Sky Sports and TNT.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a competitive food & drink offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via its extensive drinks selection, competitive food offer and live sports. It offers a selection of popular beers, ciders, wines and spirits, and a pub classic menu.
We’re always open to new ideas, what would you do to drive trade?
Experience in running or owning your own pub or hospitality business would be desirable but is not essential. If you’ve got any of the following, we’d love to hear from you:
* Experience in a similar hospitality business
* Understanding of the local community
* Know what it takes to build a successful business
* A passion and love for hospitality and great with customers
* A clear vision for your food & drinks offer
We’d also love it if you are able to demonstrate a clear vision for your marketing strategy and sports offer to create a memorable experience for your 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
* Foundation Tenancy
* Outdoor Trade
* Live Sports
* Catering Kitchen
* Private Accommodation
Trading Area & Facilities
* Main open plan trading area with bar
* Snug & break out zones
* Beautiful beer garden to the rear with approx. 60 covers
* 90 internal covers
* Commercial catering kitchen
* Smart Dispense
* Public car park nearby
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom.
Pub Financials
Estimated Total Ingoing Costs: £56,461
Estimated Minimum Ingoing Costs: £18,820
Annual Rent: £39,844
Estimated Annual Turnover: £602,176
Deposit: £9,961
Estimated Fixtures & Fittings Value: £31,000
Estimated Stock Valuation: £12,000
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
* Energy Performance Certificate
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