Navigation Inn Sowerby Bridge
47 Chapel Lane, Sowerby Bridge, HX6 3LFAgreement Type: Foundation Tenancy
View details for Navigation Inn Sowerby Bridge
Beehive Soyland
Ripponden, Sowerby Bridge, HX6 4NX
Pub Code: 2303070101
Key Features
- Established Food Trade
- Beautiful Hillside Location
- Car Park
- Beer Garden
- Private Accommodation
Est Min Ingoing Costs: £10,791
Annual Rent: £27,500
More Information
The area
The Beehive is a destination food pub, in a beautiful hillside location on Soyland, Sowby Bridge. The area boasts several walking and cycling routes and is popular with horse riders.
Demographics
The pub benefits from being one of 2 pubs found in an area of around 393 adults, with 2,872 adults within a 20-minute walk from the pub. The affluent customer base is made up of families and mature professionals.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The Beehive is already an established business, with a premium pub food menu alongside a selection of lager, ciders, wines, spirits, and soft drinks. The potential of the pub lies in maintaining the current reputation, whilst seizing the opportunity to build on the lunch trade. We’re always open to new ideas, what would you do to drive trade?
The Operator
The next operator at the Beehive will have a clear vision for their food & drink offer, and how to market their business. Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
- Some prior hospitality/catering experience would be beneficial
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
- Open plan bar/restaurant dining area
- 90 internal covers
- 60 external covers
- Catering kitchen
- SmartDispense
- Large beer garden
- Car park with circa 20 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, open plan kitchen/diner/lounge, and bathroom.
| Annual Rent | £ 27,500 |
| Estimated Annual Turnover | £ 438,104 |
| Deposit | £ 6,875 |
| Estimated Fixtures & Fittings Value | £ 25,000 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 40,375 |
| Estimated Minimum Ingoing Costs | £ 10,791 |
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:
Ripponden, Sowerby Bridge, HX6 4NX
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Westgate Halifax
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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