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

Stylish Community Local

Located in the bustling heart of Idle, among a range of shops, schools and housing, the White Swan benefits from high passing footfall. The pub is also only three and a half miles away from Bradford, meaning there are over 68,500 affluent adults within a ten minute drive looking for a quality local pub with a standout offer. It is this position, combined with the extensive works, that will provide the new operator with an opportunity to drive significant new custom.

We are now planning a £242,000 investment in the pub to attract a new customer base and make it part of the quirky scene that is developing in the area. Works will be completed on all trading areas and the catering kitchen, allowing for 80+ covers to be served comfortably. The interior design of the pub will be refreshingly modern and quirky, with exposed natural touches such as brick walls, touches of natural wood and brightly coloured chairs. The outdoor space will also be enhanced to match the feel of the new interior.

The transformational refurbishment, with a vibrant menu and a great beer garden, will create a stand-out pub capable of trading at all points of the day. Vegan dishes, sharing boards, and quality cask ales will attract the growing independent scene in the area. Meanwhile, the community function room, locals' bar and overall quality finish of the pub will ensure it retains its loyal local customer base.

Experienced Local Operator Wanted

Are you a local operator who has prior experience running a brilliant community pub? You will have the ability to create an appealing food menu and be skilled in marketing your business to the local area through social media and events. Apply now to find out more about how Star Pubs & Bars can support you to grow this business.

Click here to find out about one of our previous exciting refurbishments: https://youtu.be/8NSbtO1sbjE



Pub Features

  • Rolling Tenancy
  • Function Room
  • Refurbishment Planned
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games

Trading Area & Facilities

Our investment will refresh not just all trading areas of the pub but also the catering kitchen.

Two distinct trading areas will be created to allow for guests to chose between either a casual bar setting or a dining room. The bar area will reworked to expose natural stone walls which will be complimented with timber and stone effect decor and new flooring. The existing fireplace will also be restored to add to the cosy, natural atmosphere.

The current dining space will be extended and partitioned by an existing wall to allow for both bar / dining and a separate dining space. This central area of the pub will have a comfy feel it it, with leather armchairs and button backed fixed seating. Feature light fixtures and bright furniture will add to the quirky overall design of the pub.

The first floor function room will be redecorated along with the WCs, which will receive new vanity units and wrought iron touches.

Outside, the pub will receive a refresh of all external signage. The beer garden to the rear of the pub will be refreshed - the current tired looking decking will be replaced with a concrete ground finish and new seating and festoon lighting will be added. A gazebo style cover will also be added.

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. In line with our Ready To Trade Promise, we will ensure that we carry out the necessary works on your private living space so that you can focus on the business aspect.

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 £
37,250
Estimated Annual FMOP (Licensee Profit) £
40,473
Representative HEINEKEN UK Brand Discount Per Barrel £
170
Estimated Annual Turnover £
451,681
Estimated Annual Barrelage
328

“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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
27,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
9,313
Rent In Advance £
716
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
55
Premises Licence Fee £
180
Rates Assessment Fee £
50
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
44,224
Estimated Minimum Ingoing Costs £
44,224

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 £
2,126
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