Telephone us on 0161 612 4112

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To find out more about this business opportunity please contact us on 0161 612 4112

or email us at recruitment@frederic-robinson.co.uk

Plough Gorton, Manchester

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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 with foliated consoles including grapes motifs. The fixed seating all around the room is of the bench type seen in Victorian times with matchboard backs and no cushions or padding added - very rare - and at one end is an ornate lobby screen (or baffle). The bar back is in an ornate Jacobean style with mirrors. To the rear there is a good sized patio area with 6 benches and a small car park. A refurbishment scheme is planned for this traditonal pub.

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 meeting room boasts original fireplaces and the side windows retain their original etched panels.

Private Accommodation

3 bedrooms, lounge and usual bathroom facilities

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.

Turnover

FMT stands for Fair Maintainable Trade

Drinks
FMT £190,000
Estimated Current (net) £165,000
Food
FMT £
Estimated Current (net) £
Accommodation
FMT £
Estimated Current (net) £

Level of Investment

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 £2,500
Three Months Rent £4,000
Trading Deposit £5,000
Valuer & Stocktaking £1,400
Total £28,900

Barrelage

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 220
Current MAT Barrelage 192
Last Year MAT Barrelage 89
2 Years Ago MAT Barrelage 204
3 Years Ago MAT Barrelage 168

Rates

These can be checked with the local rating office. We encourage licensees to challenge rates and use a specialist to assist.

Rateable value £15,500

Rent

The rent has been calculated using the FMT turnover from the site. All Robinsons rents are linked to RPI so may increase or decrease in future years.

Rent required for this site £16,000