FindMyPub.com
Restaurant/Dining
Property details
The Market Vaults is an exciting opportunity in the centre of the historic market town of Stafford, just off the main civic square. Stafford is a market town and county town of Staffordshire. The town centre has a good mix of high street and independent shops as well as a good restaurant and bar/pub circuit; of which the Market Vaults is at the centre.
Internally the Market Vaults is a traditional wet-led site and there is a commercial kitchen space that could be used to give an additional reason to visit the business – this additional income stream is essential for the business to reach its full potential. A food offer that would complement a drinks visit would be a huge draw to the business. Given the Town centre environment, some live music would make the business stand out vs. the competition locally, there is a small budget to assist with this.
The private accommodation is over two floors and consists of three bedrooms, a lounge, an office, a kitchen and a bathroom.
FindMyPub.com
Catering Kitchen
FindMyPub.com
Team Games
FindMyPub.com
Live Entertainment
FindMyPub.com
Experienced Operator
Trading style
A stable food offer and reasons to visit that excite potential guests would quickly put this business back on the map and within the drinking circuit of the town.
Town centre operation experience would be beneficial and experience of launching a compelling food offer would make the biggest impact in this brilliantly located town centre pub.
Key financials
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Reference Number:
PSCFKB / 36946
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Agreement Type:
Operator Agreement
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Min Ingoing Cost:
£5,360.00
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Annual Rent:
NO RENT PAYABLE
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
The Market Vaults is currently trading around £4,000 per week wet only however the business has enjoyed strong sales previously but is currently depressed.
What’s in it for you?
- 20% share of weekly wet sales, excluding VAT.
- Keep 100% of the food sales.
- Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost. (*deposits can vary depending on business*)
- Accommodation is included with most bills covered, except the council tax & TV License.
TOTAL INGOING £5,366