Kings Arms Reeth
High Row, Reeth, Richmond, DL11 6SYAgreement Type: Foundation Tenancy
View details for Kings Arms Reeth
Crown Inn Hawes
Market Place, Hawes, DL8 3RD
Pub Code: 0060221101
Key Features
- Foundation Tenancy
- Letting Rooms
- Catering Kitchen
- Cask Ales
- Outdoor Trade
- Private Accommodation
Est Min Ingoing Costs: £18,089
Annual Rent: £42,111
More Information
The area
The Crown Inn is located in the town of Hawes, a market town and civil parish in North Yorkshire, at the head of Wensleydale in the Yorkshire Dales, and historically in the North Riding of Yorkshire. The pub is surrounded by shops, food and retails outlets and mixed housing.
Demographics
The pub benefits from being one of 3 pubs found in an area of around 1,000 adults. Currently this beautiful country pub attracts locals and visitors from far afield and has a great reputation.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a strong food & drinks offer. What food & drinks would you look to implement in the pub?
It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and cask ales.
We’re always open to new ideas, what would you do to drive trade?
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 pub will have extensive experience in a similar 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…
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- Catering kitchen
- SmartDispense
- 3 letting rooms
- Outdoor trade
Private Accommodation
The private accommodation comprises a large open plan living area on one level, a large lounge / dining area with a bedroom and bathroom.
| Annual Rent | £ 42,111 |
| Estimated Annual Turnover | £ 660,757 |
| Deposit | £ 10,528 |
| Estimated Fixtures & Fittings Value | £ 9,257 |
| Estimated Stock Valuation | £ 11,080 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 34,365 |
| Estimated Minimum Ingoing Costs | £ 18,089 |
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.
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.
Location:
Market Place, Hawes, DL8 3RD
More properties in this region
Old Black Swan
19 Market Place, Bedale, DL8 1EDAgreement Type: Foundation Tenancy
View details for Old Black Swan
Bay Horse Cowling
161 Keighley Road, Keighley, BD22 0AHAgreement Type: Foundation Tenancy
View details for Bay Horse CowlingTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
Pub Vacancy Alerts
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs. It’s free and puts you under no obligation.
Register
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download