Lead a Lively Pub: Live Sports, Music & Games

Star Pubs Leased & Tenancy; Bradford; On-site; GBP 60,000 - 80,000; Full time

Job description

Pub Overview

What would you do with this pub to make it even more of a success?

The area

The New Inn Idle is prominently positioned at the junction of High Street and Town Lane. The pub is surrounded by commercial businesses.

Demographics

The pub benefits from being one of 12 pubs found in an area of around 5,375 adults within a 10-minute walk time. The New Inn Idle customer base is made up of Mature, Midlife and Young adults.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a wet-led offer. What drinks would you look to implement in the pub?

The site currently has the ability to drive trade via live entertainment, live sports and selection of pub games, such as pool, and darts. It offers a selection of popular beers, ciders, wines and spirits.

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

• Understanding of the local community
• You know what it takes to build a successful business.
• You love hospitality and are great with customers

Features

• Foundation Tenancy
• Function Room
• Live Sports
• Pub Games
• Music Venue
• Private Accommodation
• Outdoor Trade

Trading Area & Facilities

• Main trading area with bar
• 60 internal covers
• 20 external covers
• 50 internal covers in Function room
• Small beer garden to the front of the pub

Private Accommodation

Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom.

Pub Financials

Estimated Total Ingoing Costs: £28,084

Estimated Minimum Ingoing Costs: £9,253

Annual Rent: £21,036

Estimated Annual Turnover: £327,491

Deposit: £5,259

Estimated Fixtures & Fittings Value: £15,325

Estimated Stock Valuation: £4,000

Estimated Working Capital: £3,500

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.

Downloads

• Demographics Report
• Energy Performance Certificate