Westgate Halifax
28 Westgate, HX1 1PW
Westgate Halifax
Situated on a busy shopping street, The Westgate holds a prominent corner position on the busy Union Road in Halifax. Due to this location, there is ample opportunity for passing trade - the Piece Hall and a newly announced shopping development are nearby.
Once refurbished, The Westgate will be a characterful bar enhanced by quirky details that will appeal to a new, younger demographic. It will also accommodate larger groups due to its eclectic mix of seating. The new kitchen on site will allow for a strong food offer to be introduced - sharing platters and premium drinks will appeal to the new target market of groups of celebrating females and students alike.
Ambitious Local Operator Wanted
The ideal operator for the Westgate will have a good level of local knowledge and be able to work closely with the local community in person and through social media. You will have a clear vision of your pub's identity and be driven to build your business into a popular hot spot of the town centre.
Pub Features
Trading Area & Facilities
Inside, the pub will be transformed to fulfil the pubs potential by created more inviting seating space combined with a flexible layout. Please see the Refurbishment Details pack for more information.
The Westgate has no dedicated car park with the pub but there is off street parking available.
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
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 10:00 - 01:30 | 10:00 - 01:30 | 10:00 - 01:30 | 10:00 - 01:30 | 10:00 - 01:30 | 10:00 - 01:30 | 10:00 - 01:30 |
Financials
| Annual Rent | £ 35,500 |
| Estimated Annual FMOP (Licensee Profit) | £ 38,143 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 135 |
| Estimated Annual Turnover | £ 475,295 |
| Estimated Annual Barrelage | 276 |
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“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 *** FMOP = Fair Maintainable Operating Profit |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 25,000 |
| Estimated Fixtures & Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 6,000 |
| Deposit Amount | £ 8,875 |
| Rent In Advance | £ 683 |
| 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 | £ 42,753 |
| Estimated Minimum Ingoing Costs | £ 42,753 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ 1,156 |
| Estimated Annual Maintenance Compliance Charge | £ 1,154 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ 6,108 |
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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 |
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