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Thorn Tree

Queen Street, Ossett, Wakefield, WF5 8AS

Pub Code: 0060475101

Key Features

  • Recently Refurbished
  • Central Community Local
  • Outdoor Beer Terrace
  • Car Park
  • Good Demographics
  • Great Food Opportunity

Est Min Ingoing Costs: £8,178

Annual Rent: £19,134

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More Information

Recently Refurbished Local

The Thorn Tree is a recently refurbished community pub located in Ossett, Wakefield. Located close to the town centre, it is surrounded by residential housing, posing a great opportunity for local trade. The site also benefits from being close to a sports club and the end of a cycle track.

The outlet currently operates as a traditionally drinks led pub and is famous for sports and supports various sports teams. With limited competition in the area, there is an opportunity to develop a mainstream food offer, alongside cask ale and premium coffee. A consistent calendar of events would also be key to driving trade.

Skilled Local Publican Wanted

Are you a local operator who loves their community and takes pride in their retail standards? Ideally you will have prior experience with food and have the ability to create a social media strategy for marketing your pub.

  • Catering Kitchen

  • Foundation Tenancy

  • Live Sports

  • Car Park

  • Cask Ale

  • Outdoor Trade

  • Monthly Billing

Trading Area & Facilities

Internally, this recently refurbished one bar operation has a large, open plan trading area and separate games area. The pub is in great decorative order and has a welcoming and modern feel, with beautiful wood and carpeted flooring.

Externally, there is an elevated beer terrace with panoramic views of the valley which is very popular during the summer months. There is also a car park to the rear of the building with around 20 spaces.

Private Accommodation

The private accommodation consists of three bedrooms, a lounge, kitchen, bathroom and office.

Premises Licence Details

Please see the premises license for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
00:30
11:00 -
00:30
11:00 -
00:30
11:00 -
00:30
11:00 -
02:30
11:00 -
02:30
11:00 -
00:30

Annual Rent £
19,134
Estimated Tenants Annual Operating Profit £
20,383
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
308,976
Estimated Annual Barrelage
218
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
8,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,200
Deposit Amount £
4,784
Rent in Advance £
368
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
17,962
Estimated Minimum Ingoing Costs £
8,178
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
879
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4908
Estimated Annual Repairs Fund £
1300
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
** 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

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