Chequers Inn Nr Wetherby

Bilton In Ainsty, York YO26 7NN

  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby
  • Chequers Inn Nr Wetherby

Chequers Inn Nr Wetherby

Great Village Pub for lease.

The Chequers is the only pub and B&B in the small but beautiful village of Bilton In Ainsty, close to Wetherby and York. Bilton is is a commuter village populated by professional couples, families and retired people. The Chequers currently draws locals and visitors and is just off the B1224 road linking Wetherby and York

With 3 letting rooms, a kitchen and traditional pub this is a multiple income stream business that is also the true heart of this community.

Are you an experienced food operator?

We are looking for someone to take this village pub to the next level and to maximise all income stream whilst also providing a much needed community pub.

Applicants should be aware refurbishment details are yet to be finalised and accordingly, commercial terms including the rent and in-going costs are subject to review and sign off.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Chequers is a large site that has space on the ground floor for the traditional community pub and restaurant and also pub games including a pool table.
There are three letting rooms that are contemporary in style and well finished.

Externally, The Chequers is white washed and impressive. The surrounding grounds provide parking and a great beer garden that makes the most of the fantastic county location.

It is possible Star Pubs will invest in the pub, upgrading all current facilities including the kitchen.


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 has bedrooms, kitchen, bathroom, and lounge. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:30 10:00 - 00:30 11:00 - 00:00

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 £
1,000
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 £
1,903
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £

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