Pubs for sale in Rotherham

View the "RETAIL OPPORTUNITY - Dearnesman" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 


I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Asking price: Price on Application
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Business Description
OVERVIEW

The Dearnesman is a large community pub situated on the main road leading out of the town of Wath-upon-Dean towards Barnsley. If you are an enthusiastic operator looking to run a flexible and unique business in the Rotherham area then this could be the perfect business for you.

TRADING AREA AND PRIVATE ACCOMMODATION

The pub has a large trading area with good seating for dining and a carvery unit is available for use in the lounge. There is a games area with pool table and a darts board which attracts several teams. There is a second room which could be used as a function room which contains an indoor children’s play area. In addition there is a large catering kitchen. Outside there is another children’s play area and a large car park.

The private accommodation consists of three bedrooms, a lounge, kitchen and bathroom.

LOCAL AREA AND CUSTOMER BASE

Wath-upon-Dearne is centred on Montgomery Square, where the town's main shops, library and bus station are located. Immediately west is the All Saints Church, the Montgomery Hall and the Dearne Valley College campus. The area is residential consisting of a mixture of council and privately owned housing.

The pub currently appeals to the local community and pool and darts teams. It holds several charity events throughout the year. A value for money food offer would attract new customers and is key to growing weekday trade.

BUSINESS POTENTIAL

The Dearnesman currently trades at approximately £120,000 per annum with just over 16% coming from food sales. The pub has the potential to trade at up to £200,000 per annum.

The successful operator will be someone who is willing to work with, and become part of, the local community. They will also need to make the pub a focal point for events and sporting teams. Experience of working in the pub industry is not required but a strong commercial awareness and business acumen is crucial for you to succeed.

Why choose a Foundation Agreement?
•A five year, rent free agreement
•Retailer retains 30% of total weekly wet turnover
•Retailer can introduce their own food offer and retains all income from food sales
•Shared responsibility for utilities and any repairs
•Service charge contribution applies
•Optional decorating fund contribution
•A £5,000 security deposit and £360 legal fees apply
•You will be required to obtain independent advice from a qualified accountant, RICS qualified surveyor and qualified solicitor at your own cost

Ingoing Costs
Annual Rent N/A

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Security Deposit £5,000
Legal admin fee £300 + VAT
Training Fee £150 + VAT

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Approx Total capital required £5,540
Downloadable Documents

Listed by: Marstons
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