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Manor Castle, Sheffield

Sheffield, South Yorkshire, S2 1UJ

Your investment

£8,000

Agreement Type

Tenancy
  • Ideal starter pub
  • Open Fire
  • Opportunity to develop the retail offer

The Manor Castle is situated on the outskirts of Sheffield near to the historic Manor Castle ruins and attraction. Sheffield Manor Lodge, also known as Sheffield Manor or locally as Manor Castle, is a lodge built about 1516 in what then was a large deer park southeast of Sheffield, this attracts footfall of tourists in the area. The pub is located on the corner of Manor Lane, the community consists of a mixture of new and re-developed housing. The area has good transport routes – Sheffield train station offers frequent services to Manchester, Liverpool and Leeds. The main M1 is fifteen minutes away and is the main motorway route into Leicester and Leeds.

Pub Layout

Entry to the pub is granted via the front door, where you are at first greeted by a lobby area. To your right, you will enter the main area which has a mixture of fixed seating and soft furniture. This area has a large open fire for those cosy winter nights. The pub also accesses two additional trading areas, including a lovely tap room with wood panelling.

The pub offers itself as a wet-only pub, with a community feel. It is well supported by the locals throughout the year and tourists through the seasons. The current opening hours are limited however there is scope to increase this. There is a huge opportunity to drive premium brands of wines and spirits.

Private Accommodation

The living accommodation is located on the first floor and consists of three bedrooms, a small office, a bathroom, kitchen and lounge.

Annual Rent: £11,000

Security Deposit: £3,000 (deposit build up available)

Stock: £3,000

Working Capital: £2,000

F&F: Funding options may be available for the right licensee

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

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

 

Admiral Taverns is offering a great opportunity to bring the Manor Castle back to life. The potential licensee would look to bring the community back to the pub and create an activity plan of regular events to attract tourists and new customers for drinking, with an offering of premium spirits and wines. The Manor Castle would suit someone looking to start a new career in the pub industry.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

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 – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.


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