The Aberdale
Shackerdale Road, Leicester, Leicestershire, LE2 6HT
Profit Potential: £44,392 P/A
3 Year Standard Tenancy
- Fantastic prime location on a major link road
- Potential to grow food and drinks sales
- Value for money food offer in place
The Aberdale is a well established pub business with lots of potential to develop the current offer. Our ‘Kick-Start’ package is available here (click below to find out more) which offers some added benefits so contact us today to discuss how this great pub opportunity could be the perfect pub for you.
The Opportunity
The Aberdale is an excellent example of a community local pub. Based in West Knighton, the pub is a local landmarking being prominently located on a major link road to the city of Leicester. It is well maintained and supported by it’s local customer base, with something to offer everyone; from good quality value meals for the family to pub teams, great beers and a wide range of wine. This is a rare opportunity for an experienced licensee to take over the helm of this already thriving business and steer it to the future.
The Aberdale began trading in 1963 and has been well established in the Everards Estate ever since. Knighton was originally a separate village, however during Victorian times it became joined to the city by Claredon Park. The pub is highly visible from the A563 which is a busy route between South Leicester and the M1 and M69. This road also heads towards the popular retail centre Fosse Park, where the brewery is based.
For more information or to register your details with our Recruitment Team call 0800 056 4111 or speak direct to the Business Development Manager for this pub, Steve Russell, on 07711436534
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Financial Information
Profit Potential
We anticipate that a tenant could earn £44,392 net profit from this site per year.
Turnover
FMT stands for Fair Maintainable Trade - please click here for a full definition of this term,
Drinks
| FMT | £394,959 |
|---|---|
| Estimated Current (net) | £289,358 |
Food
| FMT | £101,333 |
|---|---|
| Estimated Current (net) | £50,212 |
Machines
| FMT | £4,083 |
|---|---|
| Estimated Current (net) | £4,083 |
Level of Investment
This is a one-off payment made at the start of the tenancy agreement.
All figures are estimates and exclude VAT.
| Fixtures & Fittings | £30,000 |
|---|---|
| Stock & Glassware | £6,000 |
| Working Capital | £5,000 |
| Trading Deposit | £9,043 |
| Valuer & Stocktaking | £1,200 |
| Total | £51,243 |
Rates
These can be checked with the local rating office. We encourage licensees to challenge rates and use a specialist to assist.
| Rateable value | £38,250 |
|---|
Rent
The rent has been calculated using the FMT turnover that we could anticipate from the site. All Everards rents are linked to RPI so may increase or decrease in future years.
| Rent required for this site | £38,728 |
|---|
Interested? Call us on 0800 056 4111 or enquire online »
Interested? Call us on 0800 056 4111 or enquire online »
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Public & Private Areas
Features Of The Aberdale
- Large Lounge Bar
- Front Conservatory
- Separate Public Bar/Pool Room
- Patio To Front Of Building
Other Areas
- Catering Kitchen
- Large Rear Car Park With Planted Borders
- Separate Brick Built Garage
Living Spaces
- Lounge
- Dining Room
- Kitchen
- Bathroom
- Three Bedrooms
- Seperate Toilet
- Office
Location
The Aberdale occupies a prominent corner position on a major road in the residential area of West Knighton 2 1/2 miles away from Leicester city centre.
*This information is generated from our assessment of Fair Maintainable Trade (FMT) at The Aberdale and is based on certain assumptions and information provided by our licensees (to be disclosed on request). FMT is the level of turnover we would expect the pub to achieve within its market and this is assessed in line with good industry practice and relevant accountancy standards.
Wherever possible we have also included the pub’s current trading information as at 30 September 2011 in addition to FMT. This is taken from our sales information (barrelage) and information from the licensees such as their trading information and cost base. We would expect you to use the FMT information to help form the financial element of your business plan. These figures above are an estimate based on FMT and you may think that you can exceed or conversely not achieve these. As this stage we would strongly recommend that you take independent financial advice to help you form a budgeted profit and loss statement.
This information is not intended to amount to advice, a statement of fact, a guarantee, a representation, a condition or a warranty on which reliance should be placed but is our opinion only. We therefore, to the extent permitted by law, disclaim all liability and responsibility arising from any reliance placed on such information by you or anyone informed of its contents.
You are advised to carry out your own financial investigations and inspections into the pub to satisfy yourself as to the correctness of the above information, whether or not you can achieve these figures and as to the trading potential of this pub. You will be given a shadow profit and loss account and other details of the pub when you make a formal enquiry – this will be given within our Code of Practice which also contains other details about Everards.
Historic information is not an indicator of future performance of a pub and you should bear this in mind in your assessment.
[This information does not constitute any part of an offer or a contract and any acquisition of a pub by you is subject to our terms and conditions of agreement