New Griffin Hull

501 Anlaby Road, Hull HU3 6EN

  • New Griffin Hull
  • New Griffin Hull
  • New Griffin Hull
  • New Griffin Hull
  • New Griffin Hull
  • New Griffin Hull

New Griffin Hull

Fantastic Community Pub!

Located on Anlaby Road in Hull, this large venue has massive kerb appeal and is close to the KCOM Stadium, home to Hull City AFC and Rugby League Hull F.C. The stadium also hosts large concerts and provides major passing trade to boost the existing local trade.
The outside trading area to the front provides kerb appeal and more secluded outside area at the rear can also be utilised.

The stage, big screen and function area give further opportunities for a full calendar of varied entertainment and events to increase income and appeal.

Community focused Operator Wanted!

Fantastic opportunity to deliver amazing customer service to the local community and sports fans. Pour the perfect pint, create a diverse events calendar and introduce a simple food offer to give something for everyone at the New Griffin.

Rent of £7,606.51 in year one to assist with business star up.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Car Parking
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

With its impressive corner plot and outside trade area, the pub is highly visible in the local area.

Internally, the pub has a traditional bar with fixtures and fittings to compliment. The pool table adds to the sporting feel to the pub and the function area and stage are ideal for events and private bookings. There is potential to introduce a simple food offer, pie and a pint on match days and bar snacks would appeal to the passing football and rugby fans.

The New Griffins outside trading areas and car park add to its capacity and ability to adapt to different occasions.

Private Accommodation

The private accommodation consists of two bedrooms, lounge, kitchen & bathroom.

In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 01:00 11:00 - 01:00 12:00 - 00:00

Financials

Annual Rent £
15,250
Estimated Annual FMOP (Licensee Profit) £
19,370
Representative HEINEKEN UK Brand Discount Per Barrel £
257
Estimated Annual Turnover £
270,879
Estimated Annual Barrelage
304

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
2,030
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
3,813
Rent In Advance £
293
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
13,321
Estimated Minimum Ingoing Costs £
11,456

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,756
Estimated Annual Maintenance Compliance Charge £
1,177
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased