Crown Inn Hawes

Market Place, Hawes DL8 3RD

  • The Crown Inn Hawes
  • The Crown Inn Hawes
  • The Crown Inn Hawes
  • The Crown Inn Hawes
  • The Crown Inn Hawes
  • The Crown Inn Hawes
  • Crown Inn Hawes

Crown Inn Hawes

Beautiful Country Pub with Letting Rooms!

Offering multiple income streams, including, food, drink & letting rooms, this is a great opportunity to run a successful business in a stunning setting.

Currently this beautiful country pub attracts locals and visitors from far afield and has a great reputation. With open fireplaces and traditional yet contemporary features, the pub is warm and inviting.

The letting rooms are finished to a high standard and there is outside trading. Situated on a busy main street, the pub offers amazing kerb appeal to entice passing trade.

Customer Focused Operator Wanted

The ideal operator will understand the needs of the regulars and visitors alike. You will embrace the current food offer and build on this to extend the busy lunchtime and weekend trade in to the evenings.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Outdoor Trade
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Packed full of traditional features and charm. The pub is in great condition and has a full catering kitchen to support the restaurant and bed & breakfast trade.

The beer garden at the rear is attractive and inviting and can offer al fresco dining opportunities. The 3 letting rooms are of a high standard and are all en-suite and will generate further income when fully utilised.

Private Accommodation

The private accommodation comprises a large open plan living area on one level, a large lounge / dining area with a bedroom and bathroom. The private accommodation would be suitable for a live in chef or manager.

In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

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 - 01:00 10:00 - 01:00 10:00 - 00:00

Financials

Annual Rent £
37,000
Estimated Annual FMOP (Licensee Profit) £
55,510
Representative HEINEKEN UK Brand Discount Per Barrel £
134
Estimated Annual Turnover £
602,830
Estimated Annual Barrelage
100

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 £
8,426
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
9,250
Rent In Advance £
712
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
55
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
25,573
Estimated Minimum Ingoing Costs £
13,351

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 £
1,709
Estimated Annual Maintenance Compliance Charge £
1,226
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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