Cask & Spindle Shepley
Cask & Spindle Shepley
112, Abbey Road, Shepley, Huddersfield, HD8 8BE Pub Code: 0060077101
Pub Code: 0060077101
Investment TenancyEst. Annual Turnover: £679,565
Annual Rent: £45,685
An exciting refurbishment investment of around £460,000 is planned to transform the Cask & Spindle into a standout village pub with a quality food offer and welcoming spaces for locals, families and destination diners. What would you do with this pub to make it a success?
About the area
The Cask & Spindle is located in the small village of Shepley, close to the railway station and a busy main road carrying approximately 9,000 vehicles each day. The pub benefits from a strong village catchment, with 1,781 adults living within a 10-minute walk and 2,395 within a 20-minute walk.
As one of a handful of pubs serving the village and surrounding area, the Cask & Spindle has the opportunity to stand out through its scale, setting and strong food offer. Following a period of closure, the investment will relaunch the pub with a fresh identity and rebuild its position at the heart of the local community.
The new offer will broaden the customer base, creating reasons for families and casual diners to visit while also attracting younger professionals for after-work drinks, coffee and informal dining. Improved kerb appeal, a dedicated locals’ bar, an enhanced dining offer and a revitalised garden will help drive both spontaneous visits and destination trade throughout the week.
The offer
Cask & Spindle is available on our investment tenancy agreement. Click here for more information on this agreement. Please refer to the 'Refurbishment Details' section for details of the investment being made.
Who we're looking for
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for Cask & Spindle will have extensive experience in food-led pubs or hospitality businesses with strong dining offers. They will have a clear vision for the food and drink menu, barista-style coffee offer, local marketing strategy and the development of year-round trade, and can create a memorable experience for their customers.
The successful operator will understand how to balance the needs of village regulars with the expectations of families, younger professionals and destination diners. They should be confident building a strong team, delivering consistently high standards and making the most of the pub’s internal and external trading spaces.
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
The refurbishment of the Cask & Spindle will cover both the interior and exterior of the pub. A full list of works and pub floor plan can be found in the Downloads section.
The pub's trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- Snug area
- Dedicated locals’ bar
- 78 internal covers
- Refitted commercial catering kitchen
- HEINEKEN Smart Dispense
- Revitalised pub garden with 72 external covers
- Car park with more than 25 spaces
- Three-bedroom private accommodation with bathroom, kitchen, lounge and standard amenities
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, 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
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs
£65,921
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.
What we're planning & why
Refurbishment details
A full internal and external transformation, estimated at around £460,000, will completely reposition the Cask & Spindle. The project will refresh the pub’s appearance, improve its layout and facilities, strengthen the food offer and create more reasons to visit throughout the day and across the seasons.
The works will include a new dining space, a dedicated locals’ bar, a refitted commercial kitchen, a complete interior décor refresh, new external signage, a revitalised pub garden and improvements to the private accommodation. Together, these changes will create a modern, welcoming village pub with the character and flexibility to serve both everyday local occasions and destination dining visits.
What's happening?
Inside, the main trading area will be transformed to create a welcoming bar at the heart of the pub, complemented by a separate dining room and a snug. A dedicated locals’ bar will provide an intimate, comfortable setting for village regulars, helping the pub rebuild a strong sense of community while protecting the quality of the dining experience elsewhere in the venue.
The commercial kitchen will be refitted to support a strong food-led offer, while the new dining space and refreshed décor will help establish the Cask & Spindle as one of the most appealing places to eat and drink in the village. A barista-style coffee offer will also open up daytime trading opportunities and give customers another reason to visit beyond traditional lunch and evening occasions.
Outside, refreshed signage and improvements to the frontage will strengthen kerb appeal and make the investment immediately visible from the busy road. The pub garden will be completely revitalised to accommodate 72 external covers, supporting summer trade, family visits, relaxed drinks and informal dining. The private accommodation will also be refurbished, providing an attractive three-bedroom home for the incoming operator.
The operator will have scope to shape the detailed food, drink, coffee and events offer. The opportunity is to build a pub that feels rooted in Shepley while having enough quality, confidence and consistency to attract customers from the wider area.
Why invest?
This investment will bring a prominent village pub back into active use with a complete transformation designed around the needs of the local market. The combination of a strong food offer, improved customer spaces, enhanced kerb appeal and a significantly upgraded garden will allow the Cask & Spindle to compete confidently with other pubs in the area and appeal to a broader range of customers.
By introducing more trading occasions across coffee, lunch, dinner, drinks and seasonal garden visits, the refurbishment is anticipated to increase turnover to around £679,000. The improved layout and kitchen will support higher food sales, while the locals’ bar and enhanced outdoor space will help retain regular custom and build repeat visits.
To explore some of our recent successful pub investment projects, please see our Investment Showcase page.
The New Inn, Eccup has recently undergone a similar transformation to what we are planning for Cask & Spindle. To see the result, visit the New Inn Eccup website.
Personal Recommendation
"This is a game-changer pub. It is an example of Star Pubs breathing life back into a pub with a complete transformation - we just need to find the talent to help share our vision."
— Len Jackson, Investment Manager
Location:
112, Abbey Road, Shepley, Huddersfield, HD8 8BE
Selected pub
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Nearby events
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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