Airport Hotel Wythenshawe, Manchester
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Property details
- Description
- Location
- Financials
Overview
Located less than half a mile from the main terminals of Manchester Airport, The Airport Hotel is perfectly situated for business stop-overs, travellers expecting early flights and aviation aficionados alike. You can enjoy some fine food and beverages as you watch the aircrafts take off and land from the spacious beer garden overlooking the runway - which is only 50 feet away.
Trading Accommodation
The pub interior is divided into 3 main areas. There is a large room at the rear that overlooks the airport which is popular with families. To the right is a lounge area and to the left is a smaller games room. Leading from the rear lounge is a large covered patio area that has picnic tables and benches. Food is available from 7.30am and throughout the day from a well equipped kitchen. The Airport Hotel has a grand beer garden; complete with wooden benches and a great children's play area. Whether you need reasonably priced accommodation before an early flight, are meeting a friend or loved one returning from a trip or simply want an enjoyable day out with the family, the Airport Hotel is the ideal destination.
Private Accommodation
There is a 1 bedroom self contained flat that can be extended by using some of the letting accommodation. There is a lounge, kitchen and bathroom facilities.
Property Amenities
Please be aware that all Robinsons pubs are fitted with a high standard of facilities and features as standard.
Are you interested in this vacancy?
John Lavin | Recruitment Co-Ordinator
- 0161 6124112
- 07791 250835
- recruitment@frederic-robinson.co.uk
Property Address
Wythenshawe
Manchester
M22 5WH
Area Overview
The Airport Hotel is situated on Ringway Road, which is less than half a mile from the main terminals of Manchester Airport. It is accredited to be the closest you can get to a commercial operating aircraft in the world.
Are you interested in this vacancy?
John Lavin | Recruitment Co-Ordinator
- 07791 250835
- 0161 6124112
- recruitment@frederic-robinson.co.uk
Profit Estimate
£ 35,000
We anticipate that a tenant could earn £35,000 or more net profit from this pub per year.
Turnover Excl. VAT
FMT stands for Fair Maintainable Trade
| Drinks | |
|---|---|
| FMT | £536,000 |
| Estimated Current (net) | £511,000 |
| Food | |
| FMT | £86,000 |
| Estimated Current (net) | £76,000 |
| Accommodation | |
| FMT | £6,000 |
| Estimated Current (net) | £6,000 |
| 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 | £27,500 |
| Stock & Glassware | £3,000 |
| Three Months Rent | £7,500 |
| Trading Deposit | £6,000 |
| Professional Fees | £1,700 |
| Total | £45,700 |
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 | 460 |
| Current MAT Barrelage | 450 |
| Last Year's MAT Barrelage | 484 |
| 2 Years Ago MAT Barrelage | 537 |
| 3 Years Ago MAT Barrelage | 571 |
Rates Excl. VAT
These can be checked with the local rating office or by our retained specialist rating consultant Lawrence Tattersall.
| Rateable value | £54,500 |
Rent Excl. VAT
| Rent required for this site | £40,000 |
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?
John Lavin | Recruitment Co-Ordinator
- 0161 6124112
- 07791 250835
- john.lavin@frederic-robinson.co.uk