Farmers Arms Scorton
Farmers Arms Scorton
Village Green, Scorton, DL10 6DW Pub Code: 2303299101
Pub Code: 2303299101
Investment TenancyEst. Annual Turnover: £390,629
Annual Rent: £25,304
About the area
The Farmer’s Arms is located in Scorton, an attractive and growing village centred around a large green. The area benefits from passing cyclists and tourist traffic, particularly during the summer months. There are 829 adults within a 10-minute walk and only one main competing pub, which is positioned as a destination food venue. This makes the Farmer’s Arms one of only a handful of hospitality choices locally and gives it a clear role as Scorton’s welcoming village pub. Following a period of closure, the refurbishment will reconnect the pub with local residents while increasing destination visits from cyclists, tourists and visitors to the area.
The offer
Farmer’s Arms 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 Farmer’s Arms will have extensive experience in premium, food-led village hospitality businesses. They will have a clear vision for the pub food menu, Sunday roasts, cask ale range, all-day coffee, community events and local marketing strategy, and can create a memorable experience for their 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
The refurbishment of the Farmer’s Arms will cover the interior, exterior and pub garden.
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
- 76 internal covers
- 30 external covers
- Large, well-equipped catering kitchen
- HEINEKEN SmartDispense
- Pub garden
- Two-bedroom private accommodation
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
Private accommodation consists of 2 bedrooms, office, a living room, kitchen, bathroom.
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
£36,826
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
The planned investment of approximately £169,000 will deliver a full transformation covering the interior, exterior and pub garden. The scheme will include a refreshed commercial kitchen, new external signage, an interior décor upgrade, improvements to the garden and works to the private accommodation.
What's happening?
The exterior and signage will be refreshed to improve kerb appeal and make the pub feel welcoming to local residents and passing visitors. The garden will be revamped to strengthen summer trading and provide an attractive space for cyclists, tourists and village customers.
Inside, the décor will be upgraded and the large, well-equipped kitchen refreshed to support a strong food-led offer. Sunday roasts, cask ale and all-day coffee can create a broad range of daytime and evening occasions. Sport, local events and support for village teams will help keep the pub rooted in the community, while the operator can shape a calendar that builds regular trade throughout the year.
Why invest?
The investment will reopen an important village pub with the quality, food offer and community focus needed to serve both local residents and destination visitors. Improved presentation, a stronger kitchen, an upgraded garden and a broader all-day offer are expected to increase footfall and lengthen dwell time. Weekly turnover is projected to reach approximately £7,700 after the refurbishment.
The finishes at the King’s Arms in Reeth and the village-to-destination positioning of the Royal Oak in Great Ayton provide useful reference points for the planned transformation.
To explore some of our recent successful pub investment projects, please see our Investment Showcase page.
Personal Recommendation
"“A great village can support a great village pub.”"
— Andy Moore
Location:
Village Green, Scorton, DL10 6DW
Selected pub
Other pubs
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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