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TOWN CENTRE SITE

Cavendish New

West Street, Sheffield, South Yorkshire, S1 4EU

Ingoing Cost: £41,460
Annual Rent: £162,500

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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No Private Accomodation

Property details

The Cavendish is a prominent city-centre pub located on Sheffield's busy West Street, one of the city's most vibrant hospitality and nightlife destinations. Operating as a popular sports pub and social hub, the venue enjoys strong trade from locals, students, office workers and visitors, creating a lively atmosphere throughout the week.

With multiple screens showing live sport, a strong food offering and popular bottomless brunches, The Cavendish provides a broad appeal across daytime, evening and late-night occasions. The venue's flexible trading spaces and established reputation make it an exciting opportunity for an ambitious operator looking to build on an already successful business in the heart of Sheffield.

Private Accommodation

There is no private accommodation available with this opportunity.

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Catering Kitchen

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Team Games

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Live Sports

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Experienced Operator

Trading style

The ideal operator will be an experienced hospitality professional with a proven track record in high-volume city-centre venues. They will thrive in a fast-paced environment, understand the importance of atmosphere and customer experience, and be capable of driving trade through sport, food, entertainment and events.

This opportunity would suit a commercially minded operator with strong leadership skills, excellent operational standards and the ambition to establish The Cavendish as one of Sheffield's leading sports and social venues. Experience managing late-night operations, food-led sales and entertainment programmes would be highly advantageous.

Key financials

Reference Number: FH4FW1 / 166170
Agreement Type: Tenancy

Min Ingoing Cost: £41,460.00
Annual Rent: £162,500.00

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.

Business Details

Forecast Turnover:	£1,907,515 pa
Forecast Wet Turnover:	£1,525,950
Forecast Dry Turnover:	£381,565
Guide Rent Annual:	£162,500
Turnover Rent Annual:	£19,196
Turnover Rent (%): Instead of a fixed monthly rent, you'll pay a base rent (guide rent demonstrated above) plus a percentage of your net turnover (the percentage is demonstrated above).	1 %

Financial Details

Full Deposit:	£40,625
Agreement Fee:	£835
Repair Fund:	£77 pw
Fixtures / Fittings:	£240 pw

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