Beaumont Arms Huddersfield

Church Lane, Huddersfield, Huddersfield HD5 0BH

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Under Offer

Beaumont Arms Huddersfield

Exciting Food Opportunity

Nestled 3 miles outside of Huddersfield town centre, The Beaumont Arms is surrounded by beautiful rural landscape. Kirkheaton Church is next door to the property and has gorgeous views of the surrounding area, which consists mainly of families and mature couples.

Due to the large kitchen on site, there is an exciting opportunity to tap into the pub's resources and create a praised food destination within the local area. Cask ales are also currently offered - a drink which is gaining more and more popularity among consumers. What makes this opportunity even more exciting, is the potential to develop the barn attached to the pub into a function space which could be used for hosting rustic weddings. Other features include a large outdoor space, private car parking and a small function room.

Ambitious Food Led Operator Wanted

Do you have previous experience running a successful food led operation? Using your ambition, creativity and passion for world class customer service, you will grow your business in partnership with Star Pubs & Bars. Prior experience running a food led site is essential for an exciting opportunity like The Beaumont Arms.

Pub Features

Rolling Tenancy
Function Room
Private Accommodation
Cask Ale
Weekly Billing

Trading Area & Facilities

The Beaumont Arms was refurbished in 2014 and is still in very good condition. The interior is homely, traditional and in keeping with the surrounding landscape. The main bar area has a charming wood panelled curved bar and there is a separate seating area which could be used for a dining room. The small function room is located on the first floor of the property.

Externally, the pub's main feature is its large outdoor seating space which has a wooden awning to allow for use during rain. There is a barn attached to the property which is currently used for storage - but the right operator could monopolise on this space and create a separate function space.

Private Accommodation

The private accommodation consists of three bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon	Tue	Wed	Thu	Fri	Sat	Sun
11:00 - 02:00	11:00 - 02:00	11:00 - 02:00	11:00 - 02:00	11:00 - 02:00	11:00 - 02:00	12:00 - 02:00

Financials

Annual Rent	£ 35,250
Estimated Annual FMOP (Licensee Profit)	£ 36,530
Representative HEINEKEN UK Brand Discount Per Barrel	£ 118
Estimated Annual Turnover	£ 420,112
Estimated Annual Barrelage	196
The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details). Historical volume figures may not include purchases made through 3rd Parties. All figures quoted are exclusive of VAT * FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value	£ 12,865
Estimated Fixtures & Fittings Valuation Fee	£ TBC
Estimated Stock Valuation	£ 5,000
Deposit Amount	£ 8,813
Rent In Advance	£ 678
Training Fee	£ 1,000
Estimated Designated Premises Supervisor / Manager Fee	£ 50
Premises Licence Fee	£ 180
Rates Assessment Fee	£ 55
Estimated Legal Fees	£ 650
Estimated Total Ingoing Costs	£ 29,541

Estimated Minimum Ingoing Costs	£ 13,123
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more. The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance	£ TBC
Estimated Annual Maintenance Compliance Charge	£ 1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills)	£ 6,108
The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details) * All figures quoted are exclusive of VAT Deposit build up will be payable over a maximum of 24 months * Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry ** Maintenance Compliance Charge relates to the fees for various statutory inspections * Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate **** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased

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Key Features

Exciting Food Opportunity
Peaceful Village Setting
Refurbished in 2014
Large Outdoor Trade Area
Private Car Park
Function Opporunities

Est Min Ingoing Costs

£13,123

Annual Rent

£35,250

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