Run a Star Pub - Gate Inn Oldham - Oldham

Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.

• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with customers
  
  Foundation Tenancy
• Letting Rooms
• Outdoor Trade
• Private Accommodation
• Pub Games
• Car Park
Trading Area & Facilities The Gate Inn is a charming outlet, made up of an open plan trading area with distinct areas for dining, drinking, pool and live music. A well decorated separate function area would allow for private events to be catered to. An ornate wooden bar and flagstone flooring along with other extremely attractive features such as a log burning fire and exposed timber beams that add to the rustic charm. The pub benefits from the ability to accommodate guests wishing to stay overnight in this pretty country setting as there are four en-suite letting rooms to allow an operator to maximise profits. The pub has superb kerb appeal thanks to modern signage, a great lighting scheme and a pretty decking area. There is a car park to the side of the pub to accommodate patrons driving to this destination pub. Private Accommodation The private accommodation consists of three bedrooms, lounge, kitchen and bathroom and an office. Pub Financials Pub Financials Icon With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs range from
• :
£10,817 - £33,480 Annual Estimated Annual Turnover £306,624 Annual Rent £15,799 Entry Costs Deposit
• Deposit build up from 1 month rent
£3,950
• Estimated Fixtures & Fittings Value
• Rented fixtures & fittings deal available
£20,030
• Stock Valuation £6,000 Working Capital Required £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.