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Location

Keighley, West Yorkshire | United Kingdom

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Job description

Pub Overview

Warm Friendly Local

You will find The Bay Horse on the main commuter route between Lancashire and Yorkshire on a very busy main road with excellent passing trade. However just within a 10 minute walk time, the pub is supported by a great catchment of families, professionals and mature couples. Many will use the village as a commuter base to the major cities of Leeds and Manchester so there is a great opportunity to premiumise and up the offer from that of a traditional village local.

Passionate, Innovative Community Operator Wanted!

The Bay Horse is a beautiful little pub with lots of potential and a solid drinks trade that needs to be complimented with a good food offer. The future vision for the pub is about maintaining the loyal and regular customers and introducing a solid pub food offer to increase new customers. It's about engaging with the locals and building on the reputation to attract new customers. Do you have the ability to immerse yourself in the local community? If you do, please come and talk to us.

Features

• Foundation Tenancy
  
• Cask Ale
  
• Car Park
  
• Private Accommodation
  
• Pub Games
  
• Outdoor Trade
  
• Catering Kitchen
  

Trading Area & Facilities

Internally the Bay Horse is open plan, yet cosy, the main bar area has a tiled floor, rugs and a wood-burning stove. A smaller seating area to the left of the entrance features a piano and other instruments. Two further rooms to the rear are currently the Games and Family rooms. Externally the Bay Horse offers great outdoor trading opportunity to the front and rear of the pub with plenty wooden tables.

Car parking facilities are available.

Private Accommodation

Licensee accommodation at the Bay Horse consists of two bedrooms, office, lounge, kitchen and bathroom.

Pub Financials

Annual Rent £
15,156
Estimated Annual Turnover £
250,004
Deposit £
3,789
Estimated Fixtures & Fittings Value £
10,000
Estimated Stock Valuation £
3,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
20,289
Estimated Minimum Ingoing Costs £
7,763

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.

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Job tags

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Salary