Chequers Inn Nr Wetherby

Bilton In Ainsty, 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

Lovely Village Pub - Refurbishment Planned

The Chequers Inn is the only pub and B&B in the picturesque country village of Bilton-in-Ainsty. It is a mere 20-minute drive from York city centre, and 10-minute drive from Wetherby, making it easily accessible via the B1224 road linking Wetherby and York. Bilton-in-Ainsty is a commuter village populated by professional couples, families and retired people. The pub currently enjoys custom from both locals and visitors alike and following the refurbishment the pub's outstanding food offer will attract customers looking for a premium dining experience or for special occasions and celebrations.

The planned refurbishment will focus on creating a fine dining menu in order to become an outstanding destination venue in the local area. It will offer delicious pub lunches for families and older customers, as well as formal evening meals for special nights out. With a fantastic beer garden, an excellent dining menu, premium drinks and rustic log fires, The Chequers Inn will be able to trade at all points of the day and appeal to the whole community. This high quality offer will be amplified by the stylish interior design and welcoming atmosphere of the pub - all ensuring it stands out from competitors.

The pub also features 3 letting rooms, which combined with fantastic drinking and dining options and the planned refurbishment makes this country pub a multiple income stream business which will be the heart of the community and a destination for those looking for an outstanding experience.

Are you an experienced fine dining food operator?

We are looking for someone to take this village pub to the next level and to maximise all income streams, whilst also providing a much needed community pub. Experience in providing a premium dining experience will be essential.



Pub Features

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

Trading Area & Facilities

The Chequers Inn is due to undergo an extensive refurbishment, which will see it transformed into a premium, country pub full of character and charm. The new interior will create a welcoming atmosphere with an elegant colour palette and rich fabrics. These beautiful surroundings will showcase the pub's focus on becoming a premium dining destination with an excellent food menu.

The pub also features three letting rooms which are contemporary in style and well finished.

Externally, the pub will undergo a facelift to increase kerb appeal through a new lighting & signage scheme. The surrounding grounds provide ample parking and the beer garden will be made into vibrant outdoor area for al fresco dining and drinking during the warmer months.


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 £
34,500
Estimated Annual FMOP (Licensee Profit) £
34,462
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
418,982
Estimated Annual Barrelage
90

“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

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
33,860
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
2,000
Deposit Amount £
8,625
Rent In Advance £
663
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
47,458
Estimated Minimum Ingoing Costs £
10,185

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 £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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