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Cumberland, Sheffield

Sheffield, S20 1EE

Your investment

£10,000

Agreement Type

Tenancy

The Cumberland is situated in the centre of the Sheffield suburb of Beighton on the border of Rotherham. It is in a densely populated area.

The Cumberland is an end of terrace wet lead Community pub situated on a main road in the centre of Beighton a large housing estate 6 miles South East of Sheffield. The Crystal Peaks shopping centre which boasts a host of leading retail brands is 1 mile away.

Pub Layout

Inside there are two very well appointed trading rooms, a traditional bar with a pool table and darts, seating for 40 people and a bar servery. This room can also double as a function room .
The separate lounge has a mixture of fixed and loose upholstered seating, bar servery and two big screen TVs. Externally the property has a small car park, an outside AstroTurf patio and smoking shelter.

The pub is a community local with lots of repeat custom from regular visitors who walk to the pub. The retail offer is 100% wet-led as there is no trade kitchen. Pool, darts and football teams along with community fundraising and some weekly entertainment are essential.

Private Accommodation

The private accommodation is located to the first floor and consists of two bedrooms, living room, kitchen and bathroom, all in excellent condition and with a separate entrance.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £2,000

Stock: £3,000

F&F: TBC (Funding options available)

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

The Cumberland needs an operator that can communicate well with the regulars and engage with the wider community to develop the trade further. The competition is made up of six large managed food houses and only one other wet led pub so the opportunity here is to be the first choice for locals to enjoy a drink without the interruption of food being served around them.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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