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Bridge Inn Leeds
1-5, Bridge End, Leeds, LS1 7HG
Pub Code: 0060178101
Key Features
- Iconic Leeds LGBT Venue
- Central Location
- DJs & Live Entertainers
- Free of Tie on Wines, Spirits & Food
- Community Events
Est Min Ingoing Costs: £8,886
Annual Rent: £41,685
More Information
Iconic LGBT Venue in Leeds
The Bridge Inn sits on the corner of Bridge End opposite Lower Briggate. It is a small venue with plenty of character and is one of Leeds' longest running LGBT venues. The Bridge Inn is known for it's regular karaoke evenings. The pub boasts a reputation for community spirit, and as a party pub in the city.
The next operator of The Bridge should drive trade through entertainment and events. Advertising these events through social media and a website will be key. The new operator should add a more premium offer to the current drinks menu.
Social Media-Savvy Operator Wanted
We are keen to work with an operator who is connected to the local LGBT community. We're looking for someone with experience running a similar venue. You will have the imagination to create an appealing rhythm of the week. You will know how to market your business online.
The Bridge Inn sits on the corner of Bridge End opposite Lower Briggate. It is a small venue with plenty of character and is one of Leeds' longest running LGBT venues. The Bridge Inn is known for it's regular karaoke evenings. The pub boasts a reputation for community spirit, and as a party pub in the city.
The next operator of The Bridge should drive trade through entertainment and events. Advertising these events through social media and a website will be key. The new operator should add a more premium offer to the current drinks menu.
Social Media-Savvy Operator Wanted
We are keen to work with an operator who is connected to the local LGBT community. We're looking for someone with experience running a similar venue. You will have the imagination to create an appealing rhythm of the week. You will know how to market your business online.
Trading Area & Facilities
The Bridge is a cosy venue, complete with main bar and dancefloor space. The interior is in fairly good condition.
The pub holds a prominent corner position on Bridge End in the city's LGBT Quarter.
The pub holds a prominent corner position on Bridge End in the city's LGBT Quarter.
Private Accommodation
Private accommodation consists of three bedrooms, living room, kitchen and bathroom.
Premises Licence Details
See premises licence for full 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 - 00:30 |
| Annual Rent | £ 41,685 |
| Estimated Tenants Annual Operating Profit | £ 41,683 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 125 |
| Estimated Annual Turnover | £ 353,360 |
| Estimated Annual Barrelage | 131 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 10,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 3,000 |
| Deposit Amount | £ 10,421 |
| Rent in Advance | £ 802 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 25,833 |
| Estimated Minimum Ingoing Costs | £ 8,886 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
| Other SP&B Ongoing Charges | |
|---|---|
| Estimated Annual Building Insurance | £ 1,815 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
4908
|
| Estimated Annual Repairs Fund | £ 1300 |
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
** 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
* 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
To 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
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