View Photos

Start your application now. Enquire Now - or - Save for later

GUARANTEED RETAINED ANNUAL SUM

Darran

St Mary Street, Risca, Newport, NP11 6GU

Minimum Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

The Opportunity
The Operator
The Offer

FindMyPub.com
Beer Garden

FindMyPub.com
External Drinking Area

FindMyPub.com
Car Park

FindMyPub.com
Restaurant/Dining

The Darran is a quirky community pub with tons of character, well-situated on the edge of a large housing estate in the town of Risca in Caerphilly, about 30 minutes from Cardiff.

This dog-friendly pub enjoys an excellent reputation locally, attracting families and groups for dining and drinkers who enjoy the warm and friendly atmosphere. The Darran is a two-storey operation, with a bar, TVs, and a dining area with booths on the ground floor. The kitchen is situated on the 1st floor, which has the potential to serve as a separate dining area.

The Darran has the potential to turn over at least £15k a week with the opportunity to drive sales through regular events such as live music, utilising upstairs as a function room, and driving bookings.

FindMyPub.com
Catering Kitchen

FindMyPub.com
Team Games

FindMyPub.com
Live Entertainment

FindMyPub.com
Live Sports

The successful operator will need to be someone who is community-focused with an eye for food standards and passionate about guest service.

Reference Number: PSCFKB / 41277
Agreement Type: Operator Agreement

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.

All financial information shown, including projected turnover, costs and potential earnings, is provided for illustrative purposes only and was correct at the time of advertising. These figures are not guaranteed and actual results may vary based on trading performance, operator decisions and market conditions.

Business Details

Forecast Wet Turnover:	£280,800 pa
Forecast Food Turnover:	£343,200 pa
Estimated Annual Operator Share: Based on 26% of forecast weekly sales. This figure excludes VAT and business operating costs, including labour.	£162,240
Guaranteed Annual Retained Sum:	£35,000

Financial Details

Deposit:	£5,000
Legal Costs:	£360

The pub operates a branded menu, catering for 123 covers and currently trades at around £12k a week, 45% Wet 55% Dry sales mix.

What’s in it for you?

26% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £35K (released weekly)
Incentive bonuses based on business performance and standard audits.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs.
Accommodation included with most bills covered, except the council tax & TV Licence

The private accommodation consists of three bedrooms, a living room, an office, a kitchen, and a bathroom.

Thinking of Running a Pub? – Explore the different ways to enter the trade and find the right path for you. Explore

Similar pubs

£5,360

Moat House, Mid Glamorgan

Caerphilly

£5,360

Maltsters Arms, Whitchurch

Cardiff

£5,360

Butchers Arms, Canton

Cardiff

£5,360

Bakery Inn, Malvern Link

Worcestershire

£5,360

Riflemans Arms, Droitwich Spa

Worcestershire

MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.