Old Glen House Baildon
Prod Lane, Shipley, BD17 5BNAgreement Type:
Investment Tenancy
View details for Old Glen House Baildon
New Inn East Bierley
New Inn East Bierley
170, South View Road, Bradford, BD4 6PP Pub Code: 2302184101
Pub Code: 2302184101
Foundation TenancyEst. Annual Turnover: £181,719
Annual Rent: £12,427
What would you do with this pub to make it even more of a success?
The area
The New Inn is in the village of East Bierley, which is in the Bradford area. The pub is quite rural, and local businesses are the golf and cricket club.
Demographics
The pub benefits from being one of 3 pubs found in an area of around 1,357 adults. The New Inn 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 maintaining a wet-led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live entertainment, and selection of pub games, such as pool, and darts. It offers a selection of coffees, 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 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…
Trading Area & Facilities
- Main trading area with bar
- 57 internal covers
- 52 external covers
- Pub garden
- Large car park
Private Accommodation
Private accommodation consists of four bedrooms, living room, kitchen and bathroom.
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**:
£8,536 - £27,242
Annual
Estimated Annual Turnover
£181,719
Annual Rent
£12,427
Entry Costs
Deposit
**Deposit build up from 1 month rent
**Deposit build up from 1 month rent
£3,107**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
**Rented fixtures & fittings deal available
£16,635**
Stock Valuation
£4,000
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.
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:
170, South View Road, Bradford, BD4 6PP
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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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