White Horse New Mill

Scholes Road, Holmfirth, Holmfirth HD9 1LY

  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill
  • White Horse New Mill

White Horse New Mill

Gorgeous B&B in the Heart of Yorkshire

Situated within the village of Jackson Bridge, The White Horse is only a 20 minute drive from Huddersfield. With great demographics in the area and plenty of opportunity for tourist trade, this charming B&B is an exciting business opportunity. The pub also has a novel link to a piece of British TV history- the beloved sitcom Last of the Summer Wine was filmed onsite and the premises was the set of the village pub in the show.

The White Horse has everything you need to develop the perfect rural getaway including five ensuite letting rooms and a beautiful 'secret garden' style beer garden, which is partly covered and gives visitors views of the surrounding area. A home cooked pub classics menu which prides iteself on locally sourced produce would go down a treat at the pub, along with a variety of cask ales and premium on trend drinks such as gins and prosecco.

Experienced, Passionate Operator Wanted

For The White Horse, we are keen to partner with an experienced operator who has a passion for customer service. Using your knowledge of the local area and ability to deliver a memorable experience to your guests, you will grow your business in partnership with Star Pubs & Bars, winners of The Publican Awards 2018 Best Lease & Tenanted Company.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Car Parking
  • Outdoor Trade
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The White Horse B&B has five rooms to let - all of which are ensuite. The interior design of the rooms is modest yet homely. The main bar area of the pub is cosy and comforting - real fireplaces add to this feel. There is a separate room to the rear of the property which functions as a dining room and is more modern in its interior design. The catering kitchen can accommodate up to 50 covers.

Externally the pub is a traditional stone building with a cobbled courtyard to the front which has some space for seating. A beautiful split level beer garden is located to the rear of the pub - with the addition of some fairy lights this space has the potential to become a hot spot during the warmer summer months. There is a small car park directly across from the pub.

Private Accommodation

There is private accomodation located on site which consists of two bedrooms, lounge, kitchen and bathroom

Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 13:00 10:00 - 13:00 12:00 - 00:00

Financials

Annual Rent £
29,250
Estimated Annual FMOP (Licensee Profit) £
29,155
Representative HEINEKEN UK Brand Discount Per Barrel £
120
Estimated Annual Turnover £
300,855
Estimated Annual Barrelage
102

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 £
7,690
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
4,000
Deposit Amount £
7,313
Rent In Advance £
563
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 £
21,751
Estimated Minimum Ingoing Costs £
11,623

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 £
2,182
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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