New Inn East Bierley
170 South View Road, Bradford, BD4 6PPAgreement Type: Investment Tenancy
View details for New Inn East Bierley
Manor House Bradford
42, Leeds Road, Eccleshill, Bradford, BD2 3BA
Pub Code: 0020411101
Key Features
- Established Community Local
- Recently Refurbished
- Appealing Outdoor Space
- Function Room
Est Min Ingoing Costs: £13,294
Annual Rent: £27,533
More Information
Popular Community Pub
Located within a highly populated suburb of Bradford, The Manor House is a lovely community pub that recently received a refurbishment. With over 9,500 adults living within a half mile radius of the pub, there is ample opportunity to tap into both the community aspects of the pub and offer an appealing casual dining menu.
The pub would suit a home cooked and traditional British pub grub menu that offers all the classics such as pies and burgers along with some more on trend items such as sharing platters. The site has three trading rooms - one of which can be closed off to create a separate revenue stream from private functions.
Experienced Local Operator Wanted
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 similar hospitality business. They will have a clear vision for the pub 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
Inside, the pub is a spacious three-room operation - one of which can be used as a function room. Recently refurbished, the interior of the pub is bright, comfortable and welcoming. There is ample space to dedicate to both drinking and dining.
Outside, there is an appealing beer garden to the front of the pub which curls around the right-hand side of the premises.
Private Accommodation
Private accommodation consists of three bedrooms, living room, kitchen and bathroom.
| Annual Rent | £ 27,533 |
| Estimated Annual Turnover | £ 428,269 |
| Deposit | £ 6,883 |
| Estimated Fixtures & Fittings Value | £ 37,245 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 55,128 |
| Estimated Minimum Ingoing Costs | £ 13,294 |
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.
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:
42, Leeds Road, Eccleshill, Bradford, BD2 3BA
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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