Gibsons York
129 Micklegate, York, YO1 6LBAgreement Type: Long-Term FRI Lease
View details for Gibsons YorkRefurbishment Planned
Spotted Ox Tockwith
Westfield Road, York, YO26 7PY
Pub Code: 2303034101
Key Features
- Investment Tenancy
- Refurbishment Planned
- Catering Kitchen
- Cask Ales
- Outdoor Trade
- Private Accommodation
Est Min Ingoing Costs: £42,753
Annual Rent: £37,010
More Information
Traditional Village Pub!
Nestled in the gorgeous North Yorkshire scenery, stands the traditional Spotted Ox. The historic village of Tockwith sits in between Wetherby and York and is home to over 1,000 adults as well as bringing in tourism due to its close proximity to all of York’s attractions and Wetherby racecourse.
This well-loved local has both a fantastic drink selection and a great food offering with something for everyone. New operators could expand upon this by utilising the licensing hours to the fullest, developing a solid rhythm of the week, and creating a great marketing plan to draw in the daytime and weekday trade.
The Spotted Ox is available on our investment tenancy agreement. Click here for more information on this agreement.
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 Spotted Ox will have extensive experience in similar hospitality businesses. They will have a clear vision for their food & drinks menu 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 pubs next chapter…
Trading Area & Facilities
SCOPE OF WORKS
ENTRANCE LOBBY 1 & 2
• New entrance matting
ENTRANCE LOBBY 3
• Full redecoration
• New entrance matting
Ladies WC
• Industrial clean
• Full redecoration
• New vinyl flooring
• Over clad tiling with blue grit/plaster and add timber feature wall
Gents WC
• Industrial clean
• Full redecoration
• New vinyl flooring
• Over clad tiling with blue grit/plaster and add timber feature wall
Kitchen
• Full industrial clean
• Full redecoration
Locals Bar
• Industrial clean
• Full redecoration
• New log burning stove and lintel.
• New vinyl flooring
• Refurbish fixed seating and replace upholster.
• New lighting
• Refurbish all loose furniture
Bar Dining & Dining Area
• Full redecoration
• Add vision panel into doors X2
• Industrial clean existing carpet
• New vinyl apron around bar
• Refurbish fixed seating and upholster
• Refurbish all loose furniture
• New lighting
Bar/Servery
• Industrial clean existing quarry tiles
• Paint timber bar front (Locals)
• PC Sum for tiling to back bar
• Add coffee machine station
• Clean all stone work to bar front (Dining)
• Repolish brass on bar
• Enhance specials board
• Strip and repolish timber tops to back bar.
• Repolish hardwood edge to bar and price for new 25mm hardwood bar top. (Note: Bar top is laminate)
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 & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private Accommodation
The private accommodation consists of bedrooms, lounge, kitchen, and a bathroom. In line with our "Ready to Trade Promise", should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.
| Annual Rent | £ 37,010 |
| Estimated Annual Turnover | £ 477,483 |
| Deposit | £ 9,253 |
| Estimated Fixtures & Fittings Value | £ 25,000 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 42,753 |
| Estimated Minimum Ingoing Costs | £ 42,753 |
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:
Westfield Road, York, YO26 7PY
More properties in this region
Gilly Gate York
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Fox Thorner
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View details for Fox ThornerTo 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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