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Royal Dog & Duck Flamborough
Royal Dog & Duck Flamborough
Dog Duck Square, Bridlington, YO15 1NB Pub Code: 2302881101
Pub Code: 2302881101
Investment TenancyEst Min Ingoing Costs: £44,322
Annual Rent: £28,587
Traditional seaside pub in tourist hotspot.
The Area
The Royal Dog & Duck is located in the North Yorkshire tourist hotspot of Flamborough. The area attracts a large and increasing number of tourists staying in and around the village or visiting for the day. It also benefits from a mature, stable local population through the winter months. There are 1,657 people living within a 10-minute walk of the pub and four other pubs within a 15-minute walk, with The Ship Flamborough being the closest. The village is the main hub in the immediate area, with accommodation and shops nearby.
The Offer
The Royal Dog & Duck is available on our Investment Tenancy agreement. Click here for more information on our agreements.
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 Royal Dog & Duck will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their drinks menu, entertainment offer and marketing strategy 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 Royal Dog & Duck will undergo a light refurbishment covering compliance works inside and new signage and repaint externally.
The pub’s trading areas and facilities post-refurbishment will include:
- Main trading area with bar
- 38 Internal covers
- 56 External covers
- Catering Kitchen
- HEINEKEN SmartDispense
- CarPark
- Private accommodation
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom, and an office.
Estimated Total Ingoing Costs
£44,322
Estimated Minimum Ingoing Costs
£44,322
Annual Rent
£28,587
Estimated Annual Turnover
£378,370
Deposit
£7,146
Estimated Fixtures & Fittings Value
£25,000
Estimated Stock Valuation
£8,676
Estimated Working Capital
£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:
Dog Duck Square, Bridlington, YO15 1NB
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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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