Licensee - Swansea

Star Pubs
Swansea
Business Opportunity
16 Nov 2016
12 Dec 2016
Bar Reef Swansea
Full Time, Live in

Bar Reef - Swansea​

Ingoing Costs: £11,128

Annual Rent: £34,000

Annual Turnover: £433,043

Pub Overview

The subject of a major proposed refurbishment, Bar Reef is an attractive building located on the sunny side of Walter Road, in a busy area just outside of the city centre. The area surrounding the pub has a good mix of local businesses and residential housing. Bar Reef has a built an excellent reputation for a food offering over the last year and has a good day time trade.

Within a short walking distance there is one of Swansea University's campuses and also the Teacher Training Institute. A refurbishment within this year is planned.

The proposed refurbishment will help to broaden and increase the pub's appeal, with new signage and lighting on the exterior, which will include the new name, 'The Donkey'. A full internal refurbishment will bring out the charming, natural features of the building. New seating areas will also be created with the colours, surfaces and lighting selected to create an appealing ambiance.

On top of this, the bar, kitchen, toilets and private lessee accommodation will be renovated.

The ideal operator for this pub would have experience in a city centre operation as further development of the food offering is key to the business, as well as the day time trade.

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

*Please note the name change is not set in stone, it is just a representation.

Private Accommodation

The private accommodation at Bar Reef comprises extensive living accommodation spread over two floors and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Important information

Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.