Skip to content

Glen Bingley

Apply for this Pub

Glen Bingley

Gilstead Lane, Bingley, BD16 3LN Pub Code: 2300465101

Pub Code: 2300465101

Foundation Tenancy

Est. Annual Turnover: £411,088

Annual Rent: £25,425

Apply for this Pub

The Glen is a suburban country-style pub with food, a big garden, and a strong local following. A fantastic opportunity to take over a community focused pub. 

What would you do with this pub to make it a success?

The area

The Glen Bingley is located on Gilstead Lane in Bingley West Yorkshire.  The pub is surrounded by residential housing with a few commercial premises nearby.

Demographics

The pub benefits from being one of two pubs found in an area of around 2,007 adults. The Glen Bingley customer base is made up of mature adults. 

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food offer. What food would you look to implement in the pub?

The site currently has the ability to drive trade via  live entertainment, and it offers a selection of cask ales, and popular beers, ciders, wines and spirits. 
We’re always open to new ideas, what would you do to drive trade?

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 the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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…

 

  • Foundation Tenancy

  • Catering Kitchen

  • Outdoor Trade

  • Car Park

  • Childrens Play Area

  • Private Accommodation

Trading Area & Facilities

  • Main trading area with bar
  • Separate dining room
  • 50 internal covers
  • Large kitchen
  • Heineken SmartDispense
  • Large garden with children’s play area
  • Car park with 10 spaces

Private Accommodation

Private accommodation consists of two bedrooms, a living room, kitchen, and bathroom.

Pub Financials Icon

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 range from**:

£12,619 - £41,856

Annual
Estimated Annual Turnover
£411,088
Annual Rent
£25,425
Entry Costs
Deposit
**Deposit build up from 1 month rent
£6,356**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£25,000**
Stock Valuation
£7,000
Working Capital Required
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

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.

Location:

Gilstead Lane, Bingley, BD16 3LN

Google map location image of Glen Bingley
[]

Blue map location pin Selected pub

Dark blue map location pinOther pubs