Tap and Barrel pub has closed.

[Ghostrider]

Just looking at the Enterprise agreement - £2933 per annum for stocktaking, insurance £1633 pa, safety management solutions contract £1000 pa plus many more.

 

And people wonder why so many tied pubs fail. Anyone would think the pubcos want people to go out of business so they can sell off the buildings.

 

Its so they can sell the lease to the next sucker...

[Fudbeer]

Love the area managers views.

 

"The Tap and Barrel is a great pub in a great location, right in the heart of the city" - Pub is in run down area.

 

"Major regeneration is due to be happening in this area over the next few years" -By which time you will be broke.

 

"There is currently a very strong daytime trade"-Main clientele are alcoholics and street drinkers.

 

[crookedspire]

Love the area managers views.

 

"The Tap and Barrel is a great pub in a great location, right in the heart of the city" - Pub is in run down area.

 

"Major regeneration is due to be happening in this area over the next few years" -By which time you will be broke.

 

"There is currently a very strong daytime trade"-Main clientele are alcoholics and street drinkers.

 

 

Iv read that on Enterprise Inns website made me smile. The area were the Tap and Barrel is like an warzone if the area was so profitable why has no one brought the Market Tavern off the council or reopened the Hare and Hounds? The reason is it would be pointless.

[Fudbeer]

Iv read that on Enterprise Inns website made me smile. The area were the Tap and Barrel is like an warzone if the area was so profitable why has no one brought the Market Tavern off the council or reopened the Hare and Hounds? The reason is it would be pointless.

 

Exactly and I would imagine based on how long its taken other city centre projects to take place I bet it will be many years before we see a major improvement down there.

[brian1941]

Shame its shut and it was referbished inside last year and new doors on,

all outside was painted aswell. The drinkers will now be calling in Big Gun

i bet.

[Randy]

Now the markets have closed I would think there's very little passing trade. It won't surprise me if the building becomes yet more luxury student accommodation.

[crookedspire]

Now the markets have closed I would think there's very little passing trade. It won't surprise me if the building becomes yet more luxury student accommodation.

 

That's what became of the Alexander Hotel was closed for a time then turned into flats . I agree if the Tap and Barrel did reopen it would struggle for trade as the area is fast becoming an nothing place . I read from other posters who think that the few remaining pubs in the area will get an boost in trade not always the case in fact many are really struggling now.

[flynnroy]

Probably most older forum users will remember it as The Bull and Mouth.

 

yes bull & mouth here

[Penistone999]

Shame its shut and it was referbished inside last year and new doors on,

all outside was painted aswell. The drinkers will now be calling in Big Gun

i bet.

 

Is that cesspit still open ?

[*_ash_*]

http://www.enterpriseinns.com/run-a-pub/pubs/pages/tap-and-barrel-sheffield.aspx

 

Rent 10k a year, Turnover 290k (allegedly)!, 7800 rates a year.

 

No way that place takes 5k a week. If it did the margin they offer is around 50, rates and rent 350 a week. I would guess it is nearer 3k a week minus VAT, leaves 2.5k of which have is profit £1250 minus the rent and rates £900.

 

2 staff on minimum wage doing 40 hours = £576.

 

Leaving £324, pay the electric of circa £50pw, water £10pw, general maintenance £25pw. Council tax on living space £25pw.

 

Leaving £215, now if you worked only 40 hours to run it, pay yourself £5.37 to be in charge. (You wont even hit taxable income levels). £11,169 PA

 

You can see why they are closing!

 

Yes, this is a reasonable assessment james. It's not a good system that the pub industry is currently in.

 

Funny though that you understand some things, but not others, when they are exactly the same thing, but just a different trade.

 

You frequently comment in the taxi threads encouraging the same behaviour of the equivalent bad practice by the same type mega-companies.

 

I'm not sure whether it's irony, stupidity, or the blindness to your own inconsistencies.

 

---------- Post added 03-11-2016 at 01:44 ----------

 

And people wonder why so many tied pubs fail. Anyone would think the pubcos want people to go out of business so they can sell off the buildings.

 

To be fair in this case, from experience, it's the only set of traffic lights in Sheffield where in my taxi I use my lock all doors facility when they catch me on red.

 

Once was enough when someone got in.