Black Horse Wrawby Brigg

Melton Road, Brigg, Brigg DN20 8SL

  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg
  • Black Horse Wrawby Brigg

Black Horse Wrawby Brigg

Transformational Refurbishment!

The Black Horse is a cosy village pub that occupies a prominent roadside position in the centre of the village of Wrawby. Due to the nature of its location, the pub benefits from plenty of passing trade locally but is also easily accessible from a variety of other towns and residential areas. The demographics of the area are very promising with many locals living affluent country lifestyles.

We now plan to invest in The Black Horse with a full refurbishment both inside and out. A new commercial kitchen will be added to give you the tools you need to deliver your vision for your menu. Over 120 covers will be comfortably seated within both the newly decorated dining spaces, bar area and the appealing al fresco space.

Innovative Food Operator Wanted

We have big plans for The Black Horse and are now looking for a creative and passionate operator to partner with. You will know how to create an appealing, quality food menu and have the ability to compliment this menu with a range of premium on trend drinks and a clear social media strategy. Prior experience with a similar outlet will be essential for this pub.

Does this sound like you? Apply now to hear how Star Pubs & Bars, winners of The Publican Awards 'Best Leased & Tenanted Company 2018', can support you to grow this promising business and achieve your vision for your next pub.

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





Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Cask Ale
  • Weekly Billing

Trading Area & Facilities

The Black Horse will receive a full refurbishment to all trading areas. New timber flooring, carpets and complimentary decorative features will be included. We plan to create two distinct internal areas for dining - the main bar area and a separate dining space - meaning that an operator will have the ability to create two clear offers should they wish. A new commercial kitchen will be fitted and the toilets will also received a much needed refresh to ensure high standards throughout the property.

Outside, the pub will receive enticing new signage and lighting. We will create an appealing al fresco dining space which will have the ability to service up to 70 covers. This will be complimented by a refresh to the existing turfed area and a hand painted mural feature wall. There will also be a good sized car park to allow the pub to meet it's destination pub potential.

Private Accommodation

The private accommodation consists of three bedrooms, a kitchen and a lounge. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 23:00

Financials

Annual Rent £
60,000
Estimated Annual FMOP (Licensee Profit) £
61,463
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
587,195
Estimated Annual Barrelage
227

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).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
30,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
7,500
Deposit Amount £
15,000
Rent In Advance £
1,154
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
55,839
Estimated Minimum Ingoing Costs £
19,685

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 £
TBC
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