Jubilee Halifax
Jubilee Halifax
18, Market Street, Halifax, HX1 1PB Pub Code: 0020420101
Pub Code: 0020420101
Investment TenancyEst. Annual Turnover: £333,696
Annual Rent: £19,940
Rare Opportunity - F&F Rental Available
We are planning to invest in the region of £195,000 to transform the Jubilee into a standout traditional community pub in Halifax town centre, drawing on its heritage as the Portman & Pickles. What would you do with this pub to make it a success?
About the area
The Jubilee sits in Halifax town centre, close to the Piece Hall, a popular destination for open-air performances and events. There are 2,930 adults within a 10-minute walk and 16,224 within a 20-minute walk, offering a sizeable local audience alongside town centre visitors. The surrounding area has an established and active pub scene, with several other venues competing for custom.
Currently a traditional, value-led and predominantly drinks-focused pub, the Jubilee has an opportunity to broaden its appeal. The planned investment will refresh its look and feel, helping it reconnect with the community while attracting younger professionals and after-work social groups.
The offer
Jubilee 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
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers.
The ideal operator will bring fresh ideas for drinks, events and entertainment, while creating a welcoming atmosphere that respects the pub’s history.
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 planned refurbishment will cover both the interior and exterior of the pub. 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
- Snug area
- Separate games and sports zone
- 54 internal covers
- 12 external covers
- HEINEKEN SmartDispense
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, a living room, kitchen, bathroom, and office.
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**:
£13,485 - £33,485
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
A planned £195,000 investment will refurbish the Jubilee both internally and externally, revitalising its appearance and trading spaces. The aim is to re-establish it as one of the area’s leading traditional pubs, with a renewed identity inspired by its Portman & Pickles heritage.
Unlike standard terms for Investment Tenancies, we're offering the option to rent the Fixtures & Fittings for this pub. Ask us for more information!
What's happening?
Inside, refreshed décor will create a more inviting setting for socialising, while a new gaming and entertainment zone will help the pub develop its sports and events offer. Outside, new signage will strengthen the pub’s kerb appeal and visibility in the town centre. The improvements offer an opportunity to increase visits throughout the week and make better use of the available trading space.
The drinks-led offer will remain central to the pub, supported by HEINEKEN SmartDispense. There is scope for the incoming operator to shape the entertainment and events programme, with ideas that appeal to existing regulars as well as new customers.
Why invest?
The refurbishment is designed to rebuild the Jubilee’s reputation, improve its customer experience and give people more reasons to visit. The briefing forecasts an increase of around £2,000 in weekly turnover, to a predicted £6,500 per week. These figures are projections rather than guaranteed results, and success will depend on the operator’s execution.
To explore some of our recent successful pub investment projects, please see our Investment Showcase page.
Doctors Orders (West End), Sheffield has recently undergone a similar transformation to what we are planning for Jubilee. The reference pub website was not supplied in the briefing.
Location:
18, Market Street, Halifax, HX1 1PB
Selected pub
Other pubs
Nearby events
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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