Greedy Duck Morley
Scotchman Lane, Morley, Leeds, LS27 0NZAgreement Type:
Foundation Tenancy
View details for Greedy Duck Morley
British Oak Inn Wakefield
British Oak Inn Wakefield
Calder Grove, Wakefield, WF4 3DL Pub Code: 2301759101
Pub Code: 2301759101
Foundation TenancyEst Min Ingoing Costs: £10,412
Annual Rent: £22,946
What would you do with this pub to make it even more of a success?
The area
The British Oak Inn is located in the town of Wakefield. Situated at a crossroads on the A636, The British Oak Inn is only a 15-minute drive from Wakefield city centre and a five-minute drive from the community of Crigglestone.
Demographics
The pub benefits from being one of 2 pubs found in an area of around 2,348 adults within a 20-minute walk time. The British Oak Inn customer base is made up of Young, Midlife and mostly mature adults.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing wet-led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, selection of pub games, such as pool, and darts and pub games machines. It offers a selection of popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
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
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
- Second smaller bar
- 55 internal covers
- 50+ external covers
- Catering kitchen
- Smart Dispense
- Extensive beer garden
- Car park
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom.
Estimated Total Ingoing Costs
£24,236
Estimated Minimum Ingoing Costs
£10,412
Annual Rent
£22,946
Estimated Annual Turnover
£328,598
Deposit
£5,736
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£5,000
Estimated Working Capital
£3,500
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:
Calder Grove, Wakefield, WF4 3DL
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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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