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Plough - Vacancy Details

Plough Gorton, Manchester

  • Rent Free Period

Property details

  • Description
  • Location
  • Financials
  • Facilities

Overview

RECENTLY REFURBISHED. This large Victorian style building has some very attractive features both inside and out. The interior has retained many original features including ornamental tiles and plasterwork. At the front right is the Vault with a very richly-carved bar counter. The fixtures and fittings around the room are Victorian in style. The bar back is in an ornate style with mirrors. To the rear there is a good sized patio area with 6 benches and a small car park.

Trading Accommodation

The Plough is a NEWLY REFURBISHED traditional, Victorian-style drinker’s pub which includes a central lobby with a tiled dado. There is also a bar parlour, smoke room and pool room all off the central hall - plus a side passage in Wellington St which leads to a disused off-sales hatch, and an upstairs meeting room. There is a large vault with games facilities and the entrance lobby leads to two smaller rooms and the outside patio area. The efficient bar servery serves all rooms, upstairs the (unused) meeting room boasts original fireplaces and the side windows retain their original etched panels. To the rear is an enclosed beer garden which is an ideal place to for families to enjoy a drink.

Private Accommodation

Large private accommodation with 3 bedrooms, lounge, dining ktichen and usual bathroom facilities

Are you interested in this vacancy?
Janis Bowyer
Business Opportunities Development Manager

Property Address

927 Hyde Road
Gorton
Manchester
M18 7FB

Area Overview

Gorton is a suburban district of Greater Manchester. It is approx 4 miles from the city centre and has its own community shops and business’s. The Plough is located on the main Hyde Road (A57) which is a major link to the M60 and M67 next to a large Tesco supermarket.

Are you interested in this vacancy?
Janis Bowyer
Business Opportunities Development Manager

£17,700

Turnover Excl. VAT

FMT stands for Fair Maintainable Trade

Drinks
FMT £250,000
Estimated Current (net) £250,000
Food
FMT £n/a
Estimated Current (net) £n/a
Accommodation
FMT £n/a
Estimated Current (net) £n/a
Machines income is available on request

Level of Investment Excl. VAT

This is a one-off payment made at the start of the vacancy agreement. All figures are estimates and exclude VAT.

Fixtures & Fittings £16,000
Stock & Glassware £4,500
One Month's Rent £1,385
Trading Deposit £5,000
Professional Fees £1,400
Total £28,285

Barrelage Excl. VAT

A barrel is a unit of measurement adopted by the pub and brewing industry. A barrel is 36 gallons or 288 pints. This excludes wines, minerals and spirits.

FMT Barrelage 260
Current MAT Barrelage 258
Last Year's MAT Barrelage 148
2 Years Ago MAT Barrelage 168
3 Years Ago MAT Barrelage 204

Rates Excl. VAT

These can be checked with the local rating office or by our retained specialist rating consultant Lawrence Tattersall.

Rateable value £15,500

Rent Excl. VAT

Rent required for this site £18,000
  • Rent Free Period

Disclaimer

This information is generated from our assessment of Fair Maintainable Trade (FMT) at this pub and is based on certain assumptions. (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, historical trading and the performance of comparable pubs. .

Wherever possible we have also included the pub’s current trading information 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 Robinsons.

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

Are you interested in this vacancy?
Janis Bowyer
Business Opportunities Development Manager

  • Family Friendly

  • Beer Garden

  • Parking

  • Live Sport

  • Entertainment

  • Great Cask Ales