Stump Cross Inn Morley

Britannia Road, Leeds LS27 0DD

  • Stump Cross Inn Morley
  • Stump Cross Inn Morley
  • Stump Cross Inn Morley
  • Stump Cross Inn Morley
  • Stump Cross Inn Morley
  • Stump Cross Inn Morley
  • Stump Cross Inn Morley

Stump Cross Inn Morley

Good Location, Good Food!

The Stump Cross Inn is a lovely traditional pub that sits on busy Britannia Road in Morley. Well located, the pub is only a 20-minute drive from both Leeds and Bradford - it benefits from being close to car showrooms and Hembrigg Park. Visitors to the pub currently enjoy live sports and pub games in a friendly atmosphere.

What really makes The Stump Cross in exciting is the currently untapped opportunity to introduce a quality food menu to not only entice passers-by but also draw visitors to the pub through marketing on social media. The area well suits a classic pub menu that focuses on modern trends such as quality ingredients, sharing platters and premium drinks such as gins. The sky is the limit with this site; the location and catering kitchen give a creative publican the opportunity to develop a respected pub within the area.

Creative, Forward Thinking Operator Wanted

For The Stump Cross Inn, we are keen to partner with an ambitious operator who has the necessary creative mind set and passion for food to ensure that pub reaches its full potential. You will be experienced with food and know how to market the pub to the wider area through social media.

Pub Features

  • Rolling Tenancy
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The pub is a two-room operation, which means there is the option to dedicate one space solely to dining. The interior of the pub is to a good standard and the design is traditional yet comforting.

Outside, there is a beer garden to the rear of the property that has both grass and hard surface.

Private Accommodation

Further details to follow.

Premises Licence Details

Please see premises licence for more details.

Premises Licence Opening Hours

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

Financials

Annual Rent £
15,000
Estimated Annual FMOP (Licensee Profit) £
16,259
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
175,702
Estimated Annual Barrelage
179

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 £
1,725
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
3,750
Rent In Advance £
288
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
11,948
Estimated Minimum Ingoing Costs £
10,435

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 £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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