Beehive Thorner
Leeds Road, Leeds, LS14 3DEAgreement Type: Foundation Tenancy
View details for Beehive ThornerRefurbishment Planned
Fox Thorner
37, Main Street, Leeds, LS14 3DX
Pub Code: 2300476101
Key Features
- Refurbishment & Investment planned
- Installation of garden huts accompanied by gravel pathways
- Prime location
- Premium drinks range
- Catering kitchen
- Wonderful beer garden
Est Min Ingoing Costs: £11,726
Annual Rent: £26,718
More Information
Charming local pub
What would you do with this pub to make it even more of a success?
The area
Nestled in the affluent rural village of Thorner, just a stone's throw from Leeds, this pub enjoys a prime location in one of the UK's top 50 villages to live in, as recognised by The Sunday Times. Surrounded by high affluence consumers, with over 1,800 residents within a 20-minute walk, and neighbouring upscale villages like Scarcroft and Bramham, the potential for success here is undeniable.
The offer
When refurbished, the Fox will offer:
Drinks:
There will be a comprehensive selection of beverages at The Fox refurbishment. From Heineken lagers including Fosters and premium Neck Oil, to Moretti, our driving volume brand, there's a drink to suit every taste. Additionally, enjoy traditional cask ales, with Inch's providing our draught cider offer.
Food:
Indulge in a thoughtfully curated menu showcasing 4 or 5 simply prepared dishes. Dishes such as the Yorkshire pudding wrap, adding a twist to traditional pub cuisine.
Coffee:
Start your day with a satisfying cup of coffee from a straightforward blend. Tailored to individual preferences, our coffee ensures a perfect start to your morning.
Events:
At The Fox, enjoy occasional entertainment during special occasions, enhancing your pub experience. While we don't rely on events as a central footfall driver, they're utilised to extend dwell time and enhance your visit, particularly during off-peak or quieter times, such as pub quizzes.
The Fox Thorner 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 Fox Thorner will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy 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…
Trading Area & Facilities
The Fox Thorner 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.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- 60 internal covers
- 69 external covers
- Catering kitchen
- Smart Dispense
- Fantastic garden
- Car park 21 spaces
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 two bedrooms, living room, kitchen and bathroom.
| Annual Rent | £ 26,718 |
| Estimated Annual Turnover | £ 400,295 |
| Deposit | £ 6,679 |
| Estimated Fixtures & Fittings Value | £ 21,324 |
| Estimated Stock Valuation | £ 6,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 37,503 |
| Estimated Minimum Ingoing Costs | £ 11,726 |
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:
37, Main Street, Leeds, LS14 3DX
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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