Licensee - Fox & Hounds, Flixton
Minimum Ingoing Costs: £19,900
Annual Rent: £63,000
Annual Turnover: £775,035
The subject of a proposed refurbishment the Fox and Hounds is Ideally positioned in the affluent area of Flixton, it is a premium, food led site. The pub is located in close proximity to other local commercial premises and large detached and semi-detached homes. Demographics surrounding the site features a high proportion of maturing families enjoying financial comfort. This presents an excellent opportunity for the right operator to build a profitable customer base.
The refurbishment will see a full redecoration of the external area making it more inviting to passers by. Internally the pub will be fully refurbished with zoned areas for dining and drinking, for full works please see trading area and facilities section.
The site is ideally suited to an experienced operator. Due to the nature and status of this site as a great pub offering great food, catering skills are essential.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an “Investment Exemption” will be required. The exemption means that the option of a Market Rent Option lease won’t be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.