King on the Lane Leeds
1 Moor Allerton Centre, Leeds, LS17 5NYAgreement Type: Just Add Talent
View details for King on the Lane LeedsRefurbishment Planned
New Inn Eccup Leeds
Eccup Lane, Leeds, LS16 8AU
Pub Code: 2300431101
Key Features
- Refurbishment Planned
- Fantastic Food Pub
- Tourist Trade Opportunity
- Affluent Demographics
- Beautiful Country Surroundings
- Free of Tie on Wines, Spirits, Food
Est Min Ingoing Costs: £71,927
Annual Rent: £61,780
More Information
Refurbishment Proposed at Popular Country Pub
As the only pub within a two-mile radius, The New Inn already enjoys plenty of trade. Located on the outskirts of the village of Eccup, it is surrounded by beautiful rolling countryside despite being less than a 20-minute drive from the city of Leeds. Cyclists and walkers also frequent the area during the warmer months.
The New Inn will deliver excellent, locally sourced food while catering for relevant food trends, offering veggie, vegan and allergen-friendly options. A full transformation, inside and out, will make it stand out a mile. Its beautiful and scenic rural location will ensure it is the pub of choice for alfresco dining, while its lovely interior will keep customers visiting all year round.
Ambitious, Experienced 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…
As the only pub within a two-mile radius, The New Inn already enjoys plenty of trade. Located on the outskirts of the village of Eccup, it is surrounded by beautiful rolling countryside despite being less than a 20-minute drive from the city of Leeds. Cyclists and walkers also frequent the area during the warmer months.
The New Inn will deliver excellent, locally sourced food while catering for relevant food trends, offering veggie, vegan and allergen-friendly options. A full transformation, inside and out, will make it stand out a mile. Its beautiful and scenic rural location will ensure it is the pub of choice for alfresco dining, while its lovely interior will keep customers visiting all year round.
Ambitious, Experienced 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
The New Inn is going through a full transformation in every sense, with a full refurbishment inside and out. Its new look will match its fantastic location.
Externally, the pub will see the full decoration, including a new entrance, a pergola, and full new external seating.
Externally, the pub will see the full decoration, including a new entrance, a pergola, and full new external seating.
Private Accommodation
Private accommodation consists of three bedrooms, living room, kitchen and bathroom. In line with our Ready To Trade Promise, we will ensure that the necessary works are completed on the private accommodation so that you can focus on getting your business right.
| Annual Rent | £ 61,780 |
| Estimated Annual Turnover | £ 678,162 |
| Deposit | £ 15,445 |
| Estimated Fixtures & Fittings Value | £ 44,982 |
| Estimated Stock Valuation | £ 8,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 71,927 |
| Estimated Minimum Ingoing Costs | £ 71,927 |
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:
Eccup Lane, Leeds, LS16 8AU
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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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