Skip to content

Malt Shovel Inn Bradford

290, Whitehall Road, Drighlington, Bradford, BD11 1BB

Pub Code: 0020410101

Key Features

  • £198,000 Investment Planned
  • Premium Community Local
  • Free of Tie on Wines, Spirits & Food
  • Large Beer Garden
  • Addition of Catering Kitchen
  • Car Park

Est Min Ingoing Costs: £46,024

Annual Rent: £29,397

Apply for this Pub

More Information

Refurbishment Planned at Well-Known Local

The Malt Shovel is a community pub located on a prominent Leeds-Bradford through road. Over 5,000 adults live within walking distance to the pub and it is well known locally. We are now planning a significant investment of over £198,000 to help The Malt Shovel meet it's true potential.

With the addition of a new catering kitchen, the pub will be repositioned in the market as a premium community pub. It will offer quality food for a fair price. A focus on a premium Sunday lunch offer will be key for trade.

All trading areas of the pub will be refurbished, including the large beer garden.

 

Experienced Local Operator Wanted

The perfect operator for the new-and-improved Malt Shovel will know the area well. They will have previous experience running pubs and understand the importance of great food and great customer service.


  • Catering Kitchen

  • Investment Tenancy

  • Live Sports

  • Car Park

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

  • Refurbishment Planned

Trading Area & Facilities

Inside, the pub is split into two trading areas - a main bar and a dining room. All trading areas will be refurbished. Post refurbishment, the pub will be able to accommodate circa 86 covers inside.

In the bar, we will add new fixed seating. We will also add new timber flooring and restore the original fireplace. The bar itself will receive an eye catching overhead glass gantry and new wash-up area. New lighting and decorative pieces will be added.

In the dining room, we will replace the existing flooring with new carpet. We will add new furniture, lighting and artwork.

Outside, we will create new signage for the pub. We propose a name change to 'The Malt' in order to signify a new era. The beer garden will receive new bench-style seating and lighting.

 

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

There private accommodation consists of a lounge, kitchen, bathroom and three bedrooms.

Premises Licence Details

See premises licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00
12:00 -
00:00

Annual Rent £
29,397
Estimated Tenants Annual Operating Profit £
31,896
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
411,861
Estimated Annual Barrelage
266
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
28,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,500
Deposit Amount £
7,349
Rent in Advance £
565
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
46,024
Estimated Minimum Ingoing Costs £
46,024
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
1,050
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
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
** 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

Pub Vacancy Alerts

Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.

Register

Want to know more?

To download our no nonsense guide to running your own pub click below.

Download