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Cross Keys Old Snydale

Cross Keys Old Snydale

New Road, Old Snydale, Pontefract, WF7 6HB Pub Code: 0060220101

Pub Code: 0060220101

Foundation Tenancy

Est Min Ingoing Costs: £10,458

Annual Rent: £23,506

The area

The Cross Keys Old Syndale is located on New Road, Old Syndale in Pontefract.

Demographics

The pub benefits from being one of 1 pubs found in an area of around 225 adults within a 10-minute walk time. The Cross Keys Old Syndale customer base is made up of mature and midlife adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a value driven 60/40 food & drinks offer. What food 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, cask ales, and a pub classic menu.

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 pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment 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 pub’s next chapter…

Trading Area & Facilities

  • Main trading area with bar
  • Separate Snug
  • 70 internal covers
  • 80 external covers
  • Large kitchen
  • Smart Dispense
  • Large garden and Decking area
  • Car park with 15 spaces
  • Dart Board

Private Accommodation

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

Pub Financials Icon

Estimated Total Ingoing Costs

£34,376


Estimated Minimum Ingoing Costs

£10,458

Annual Rent
£23,506
Estimated Annual Turnover
£352,918
Deposit
£5,876
Estimated Fixtures & Fittings Value
£20,000
Estimated Stock Valuation
£5,000
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.

Location:

New Road, Old Snydale, Pontefract, WF7 6HB

Google map location image of Cross Keys Old Snydale
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