Farmers Arms Burscough
36 New Lane, Ormskirk, L40 8JAAgreement Type:
Foundation Tenancy
View details for Farmers Arms Burscough
Angel Hotel Easingwold
Angel Hotel Easingwold
Market Place, York, YO61 3AA Pub Code: 2302723101
Pub Code: 2302723101
Foundation TenancyEst Min Ingoing Costs: £33,444
Annual Rent: £31,777
The area
The Angel Hotel Easingwold is available on our investment tenancy agreement. Click here for more information on this agreement.
The Angel Hotel is located in the town of Easingwold, 12 miles from York. The pub is surrounded by shops, food and retails outlets and mixed housing. The pub benefits from being one of 5 pubs found in an area of around 2,000 adults. The customer base is made up of mature households and rural families.
We’re always open to new ideas, what would you do to drive trade?
The offer
Drinks:
• The Angel will offer a wide range of drinks, including premium lagers, ciders, spirits, wines, some cocktails along with a great range of soft drinks and low & no options. This variety caters to everyone, from regulars enjoying beers to visitors seeking a more premium experience, ensuring the pub appeals to a broad audience.
Food:
• The pub will offer a full menu of traditional Yorkshire dishes, celebrating the region’s Flavors with hearty, locally inspired meals. Designed to appeal to both day-trippers and locals, the menu will provide a high-quality dining experience in a welcoming, traditional setting.
Coffee:
• Quality coffee can be offered, attracting to daytime visitors and ondrinkers, broadening the pub’s appeal.
Events:
• The pub will offer live sports, entertainment, pub games, and pub quizzes. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week.
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 Angel Hotel Easingwold will have extensive experience in high streethospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and sports offer 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 pubs next chapter…
The Angel Hotel Easingwold will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
Trading Area & Facilities
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- 51internal covers
- 36 external covers
- Catering Kitchen
- Smart Dispense
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 2 bedrooms, a living room, kitchen, bathroom.
Estimated Total Ingoing Costs
£33,444
Estimated Minimum Ingoing Costs
£33,444
Annual Rent
£31,777
Estimated Annual Turnover
£478,907
Deposit
£7,944
Estimated Fixtures & Fittings Value
£15,000
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.
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.
Location:
Market Place, York, YO61 3AA
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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