Tenancy - Sumners, Fulwood

Location
Fulwood, Preston
Salary
Business Opportunity
Posted
01 Oct 2017
Closes
31 Oct 2017

Tenancy - Sumners, Fulwood

PUB OVERVIEW

Situated opposite Fulwood Barracks, the Sumners is an attractive, traditional roadside pub with an exciting new investment project planned. *Machine Income free of tie*

A popular pub with a good mix of people makes this site a social hub, specially for sports teams and football fans. With a large catering kitchen there is plenty of opportunity to develop a new menu to bring in people from the local community as well as draw in live sports enthusiasts with the large TV screens. Illustrated by the mood board style pictures a re-design of this pub is moving forward, alongside this we are offering a discounted drinks price list.

BUSINESS INFORMATION

Entry cost from: £19,800

Annual rent: £45,000 per annum

Agreement Tenancy – Standard Tenancy

Forecasted Operator Machine Profit: £15,400

Forecasted Operator Profit (including machine profit): £45,091

Forecasted Operator Turnover: £520,185

Average Beer & Cider Discount: £144

Type of Tie: Partial tie: Tied All Beer & All Cider

LOCATION

Located on Tom Finney Way close to Preston North End's football ground, the Sumners is an attractive roadside site to the north of Preston town centre. situated opposite Fulwood Barracks.

CURRENT PREMISES LICENCE OPENING HOURS

Sunday to Thursday 10:00 - 00:30 Friday and Saturday 10:00 - 01:30

About the business

TRADE SPACE

The site is split into a tap room and a large bar / dining area. The Lounge is a large space zoned by screens. There is a need for an upgrade that is being planned to implement alongside the new tenants. The bar would suit conversion to a function room as it is on the ground floor. There is space for 70 covers served by the trade kitchen.

 

PRIVATE ACCOMMODATION

 

The accommodation is spacious and benefits from large sized rooms including 3 double bedrooms. The rest of the accommodation comprises of family bathroom, lounge, domestic kitchen plus separate office. While it could benefit from decoration it is of a good standard until the investment is complete.

ESTIMATING TURNOVER

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. Calculators to help you are available on the business planning section of our website.

The Sumners is an attractive community pub specialising in sport and food, we are looking for an experienced operator who can bring the pub back to the community. The site is close to Deepdale, Preston North End's football ground and as such is very busy on alternate Saturdays.

WHY CHOOSE US?

By choosing Greene King, you’ll be joining one of the Uk’s most successful and respected leased and tenanted pub companies. With a heritage of running pubs and brewing beer that can be traced back over 200 years, at Greene King we’re proud of our history and confident that, as the country’s leading pub retailer and brewer, we can help make your pub the success it deserves to be.

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