White Swan Idle

22 The Green, Bradford BD10 9PX

  • White Swan Idle
  • White Swan Idle
  • White Swan Idle
  • White Swan Idle
  • White Swan Idle
  • White Swan Idle
  • White Swan Idle
  • White Swan Idle

White Swan Idle

Charming Community Pub

Situated within Idle, a charming suburb of Bradford, The White Swan is a classically British community pub. It is located within the centre, close to various shopping and leisure amenities. Pub games such as pool and darts are popular at the pub and the introduction of teams would go down a treat. Another exciting opportunity lies within the kitchen - food is not currently served at The White Swan but it can be! An ambitious operator will have the ability to introduce a classic pub menu for locals to enjoy.

Local, Welcoming Operator Wanted

Are you a local operator who has prior experience in developing a food offer? Do you know what the people of Idle want from a good pub? Using your love of your local community and passion for good service, you will grow your business in partnership with Star Pubs & Bars.

Future Investment: Please note, we are considering a future investment in this pub. If this is the case, the total ingoing costs and rent will increase and be reflected in a new rent model.

Pub Features

  • Rolling Tenancy
  • Catering Kitchen
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The pub is a single bar operation with an open plan lay out. The space is divided into various sections, which can be used for pub games and dining. The interior design of the pub is modern yet comfortable.

Externally, the pubis quite striking due to its royal blue and cream paintwork. The terraced stone building sits on a prominent corner position.

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

Private accommodation consists of three bedrooms plus living room, kitchen and bathroom.

Premises Licence Details

Please see premises licence for more details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 01:00 10:00 - 01:00 10:00 - 01:00 10:00 - 02:00 10:00 - 02:00 10:00 - 02:00 12:00 - 23:30

Financials

Annual Rent £
10,250
Estimated Annual FMOP (Licensee Profit) £
14,495
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
183,236
Estimated Annual Barrelage
204

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
2,500
Deposit Amount £
3,000
Rent In Advance £
197
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 £
12,882
Estimated Minimum Ingoing Costs £
8,539

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) £
Wet Only - from 4,908pa

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