New Inn East Bierley

170 South View Road, Bradford, Bradford BD4 6PP

  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley
  • New Inn E.Bierley

New Inn East Bierley

Homely Village Pub

The New Inn is a lovely traditional pub situated within the village of East Bierley. Although it is only five minutes off of the A650, the surrounding area has a distinctively rural feel. The pub benefits from being not only close to local bus links but also only five minutes' walk from the local golf and cricket clubs.

We are currently planning to invest in The New Inn, with a refurbishment developing the site into a food focused pub. A classic menu which prides itself on quality and local sourcing would go down a treat in the area. There is also the added bonus of a beer garden and car parking.

Creative, Welcoming Operator Wanted

For The New Inn, we are keen to partner with a creative local operator who has the ability to engage with their community through a warm customer service manner and an appealing events calendar. In partnership with Star Pubs & Bars, you will develop the food offer at The New Inn to drive trade and create a homely hub of the community.

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The New Inn has a charming public bar with a beautiful open fireplace with log burner that enhances the character in this cosy pub. The snug to the side can be used for casual dining or pub games and there is a lounge that leads to a brighter, conservatory style dining area.This room has the added bonus of overlooking the scenic golf course which is next to the pub.

Externally, there is a good sized beer garden and space to the front of the pub for outdoor trade also. Private car parking is also available on site.

Further details of refurbishment to be confirmed - 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 and Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease will not be available at rent review for a period of up to seven years for this site, as per The Pub Code 2016.

Private Accommodation

Further details on Private Accomodation TBC

Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 12:00 - 23:00

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
TBC
Estimated Designated Premises Supervisor / Manager Fee £
TBC
Premises Licence Fee £
TBC
Rates Assessment Fee £
TBC
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

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 £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
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