Black Horse Wrawby Brigg

Melton Road, Brigg, Brigg DN20 8SL

  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg

Black Horse Wrawby Brigg

Cosy Village Inn with Potential

The Black Horse is a traditional pub which occupies a prominent roadside position in the centre of the village of Wrawby. Due to the nature of its location, the pub benefits from plenty of passing trade. The surrounding area is mainly residential and provides the perfect opportunity for the right operator to develop the site into a beloved pub within the local area. The pub is split into the classic bar / lounge layout and currently offers classic pub food plus a Sunday carvery. There is huge potential with this pub to develop the food offer into a modern menu which focuses on quality. Onsite parking and a large beer garden are also highlights.

Experienced Operator Required

We are looking for an experienced operator who has the skill and passion to bring this lovely pub back to life and make it the hub of the local community once again. Marketing knowledge and experience with food will also be crucial to attract non-local customers to the pub. Knowledge of cask ales would also be a bonus.

Pub Features

  • Rolling Tenancy
  • Outdoor Trade
  • Weekly Billing

Trading Area & Facilities

Inside, the pub is split into the classic bar / lounge format which allows it to cater to both drinkers and diners. The central bar has the ability to services both areas. A further room to the rear would allow for an alternative dining offer or even private functions. The kitchen can cater to up to 40 covers.

The pub's car park can accommodate up to 30 vehicles and there is also the added bonus of a large beer garden on site.

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

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

The private accommodation consists of three bedrooms, a kitchen and a lounge. 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 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 23:00

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
TBC
Estimated Designated Premises Supervisor / Manager Fee £
TBC
Premises Licence Fee £
TBC
Rates Assessment Fee £
TBC
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

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 £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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