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
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
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.
The private accommodation consists of three bedrooms, a lounge, kitchen, bathroom and office.
Estimated Annual Turnover
Estimated Fixtures & Fittings Value
Estimated Stock Valuation
Estimated Working Capital
Estimated Total Ingoing Costs
Estimated Minimum Ingoing Costs
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.