Maypole S&N Lease For Sale

Business description

Key Features
Good reputation
Broad based community Local
Established business both wet & food
Open plan with large bar servery
Outside patio
Car park



The Maypole offers a roadside location in the popular area of Wilford. Situated close to the local amenities, the pub is an open plan operation with designated dining and games areas, a large patio and extensive on-site parking. This ex-managed house is a well known and supported big screen TV provider and is a popular venue with many local sports teams. We are therefore looking for a lessee who can demonstrate high operational standards and has the determination and drive to maximise the business both wet and dry.

The private accommodation comprises of two bedrooms, kitchen, lounge, bathroom, office and garage. For a motivated operator there is an extensive refurbishment under development.


The fair maintainable turnover of this business is estimated at £385,000 pa (exclusive of VAT), based on current trading conditions. This estimate is subject to there being no substantial future changes to the trading conditions affecting the business. Prospective lessees must satisfy themselves as to the sustainability of the trade and this should be reflected in the Business Plan.

The current rateable value of the business is £41,000 with rates payable at 44.5p in the £. Rates payable = £18,245. This does not take account of any applicable transitional relief and the figures are quoted for the purpose of business planning only.


The annual volume purchases from S&N as at March 2008

> Beer – 330 Barrels
> Cider – 18 Barrels
(1 barrel = 36 gallons)

GENERAL INFORMATION

About S & N Pub Enterprises

Scottish & Newcastle Pub Enterprises is the leased pub division of Scottish & Newcastle UK and operates over 2000 pubs in partnership with individual business people throughout the UK. S&N Pub Enterprises is recognised as being the leased pub company of choice, with a huge variety of pubs in some of the best possible locations. We manage pubs on behalf of a number of leading financial partners, all of whom leave it to us to develop the pubs in conjunction with our lessees. Our pubs are supported by capital investment of over £10m each year that sustains and grows our lessees' businesses.

Superb Brands

Scottish & Newcastle are the number one drinks business in the UK, and offer our lessees a range of brands that is second to none. This includes not just some of the best known national brands, but also regional favourites as well as winning brands from other S&N companies around the world. We are able to supply a range of beers, ciders, and soft drinks, as well as a core range of wines and spirits. Every year S&N invests heavily to build its brands and make them the brands that pub customers will want to drink. It also invests in creating new brands that can help build additional sales.

Property information

Property:

Leasehold

Living accommodation:

The private accommodation comprises of two bedrooms, kitchen, lounge, bathroom, office and garage. For a motivated operator there is an extensive refurbishment under development.