Run a Star Pub - Old Hall Threshfield - Threshfield

Star Pubs Leased & Tenancy; Skipton; On-site; GBP 65,000; Full time

Job summary

A leading pub tenancy provider is seeking an experienced operator for The Old Hall in Skipton. The ideal candidate will have extensive experience in hospitality and a clear vision to create memorable customer experiences. This investment tenancy opportunity offers great potential within a thriving area, especially with incoming tourists. Apply now to bring your expertise to this exciting venture.

Qualifications

• Extensive experience in hospitality businesses required.
• Ability to create a memorable experience for customers.

Responsibilities

• Oversee the operation of The Old Hall.
• Create a vision for food, drink, and service.
• Drive trade and create memorable experiences.

Skills

Experience in hospitality

Vision for food and drink

Ability to drive trade

Job description

Pub Overview

Full refurbishment to quality country pub with rooms

The Area

The pub benefits from being one of two pubs found in an area of around 948 adults within a 20-minute walk. The customer base is made up of a small, wealthy local population alongside a large and increasing number of tourists staying in and visiting the village. Very close to Grassington and on one of the main roads in, with walkers and cyclists passing regularly.

The Offer

The Old Hall is available on our investment tenancy agreement. Click here for more information on this agreement.

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

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for The Old Hall will have extensive experience in hospitality businesses. They will have a clear vision for their food, drink and service and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Features

• Investment Tenancy
• Refurbishment Planned
• Letting Room
• Outdoor Trade
• Car Park
• Catering Kitchen

Trading Area & Facilities

The Old Hall will be undergoing a refurbishment which will cover the entire ground floor of the pub.

A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.

The pub’s trading area and facilities post refurbishment will be:

• Main trading area with bar
• 94 internal covers
• 62 external covers
• Catering kitchen
• HEINEKEN Smart Dispense
• 7 letting rooms
• Beer garden
• Car park with 5 spaces

Private Accommodation

To be confirmed, this information will be available soon.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£64,072

Estimated Minimum Ingoing Costs

£64,072

Annual Rent

£74,291

Estimated Annual Turnover

£759,031

Deposit

£18,572

Estimated Fixtures & Fittings Value

£35,000

Estimated Stock Valuation

£7,000

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.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

• Demographics Report Download
• Refurbishment Details Download