Run a Star Pub - Wild Man Ipswich - Ipswich

Pub Overview

Transformational investment :

A major refurbishment will truly transform the Wild Man. This will include a complete redecoration and refurbishment to the indoor trading spaces with new carpets, upholstery, fixtures and fittings. The pub will be rustic, comfortable and cosy - a classic country pub. We will add new leather seating, statement wallpaper, slate floor tiles and panelling to give the site a completely new look.

Externally, there will be a full redecoration and new signage scheme which nods to the pub’s heritage and compliments the other listed buildings in the village.

Tranquil location :

The pub itself is located in Sproughton, a picturesque village just to the west of Ipswich in Suffolk. The village has a listed church and a restored water mill which attracts visitors to the area. The garden backs onto the beautiful countryside that neighbours the pub. The local demographics consist of a high percentage of high affluence. Within a 20-minute walk time, there is only one other pub as a competitor.

Potential :

An excellent range of premium food and drinks, a complete refurbishment and a stunning setting will separate the site from anything else in the area and beyond. The Wild Man will give people a reason to stay local rather than going into town. The garden will be a key trade driver in the warmer months. The pub will boast some 150 covers internally and externally. This is a pub business with great potential. All we’re looking for is the right operator to take it on....

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the Wildman will have experience in a successful hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Once refurbished, the Wild Man will appeal to :

• Couples, groups and families looking for looking for a premium local pub to enjoy.
• The snug” area will be ideal for locals wanting a quality pint after work or lunchtime snack.

Once refurbished, the Wild Man will offer :

Features

Trading Area & Facilities

Trading Areas :

Trade Area - Kitchen & Cellar :

Toilets :

External :

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. This means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site. This applies to all pubs in England & Wales as per The Pub Code (2016). ‘

Private Accommodation

Private accommodation consists of two bedrooms, one living room, a large family bathroom and kitchenette.

In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

63,231

Estimated Minimum Ingoing Costs

63,231

Annual Rent

46,924

Estimated Annual Turnover

532,161

Deposit

11,731

Estimated Fixtures & Fittings Value

40,000

Estimated Stock Valuation

8,000

Estimated Working Capital

3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

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