Malt Shovel Inn Bradford
290 Whitehall Road, Drighlington, Bradford, BD11 1BB
Malt Shovel Inn Bradford
The Malt Shovel is a community pub located on a prominent Leeds-Bradford through road. Over 5,000 adults live within walking distance to the pub and it is well known locally. We are now planning a significant investment of over £198,000 to help The Malt Shovel meet it's true potential.
With the addition of a new catering kitchen, the pub will be repositioned in the market as a premium community pub that offers quality food for a fair price. A focus on a premium Sunday lunch offer will be key for trade.
All trading areas of the pub will be refurbished, including the large beer garden.
All Star Pubs & Bars operators are free of tie on wines, spirits & food.
Experienced Local Operator Wanted
The perfect operator for the new-and-improved Malt Shovel will know the area well. They will have previous experience running pubs and understand the importance of great food and great customer service. If this sounds like you, click Apply Now to speak to a Recruitment Manager and find out more about the planned investment.
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).
Pub Features
Trading Area & Facilities
In the bar, we will add new fixed seating. We will also add new timber flooring and restore the original fireplace. The bar itself will receive an eye catching overhead glass gantry and new wash-up area. New lighting and decorative pieces will be added.
In the dining room, we will replace the existing flooring with new carpet. We will add new furniture, lighting and artwork.
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 11:00 - 01:00 | 11:00 - 01:00 | 11:00 - 01:00 | 11:00 - 01:00 | 11:00 - 01:00 | 11:00 - 01:00 | 12:00 - 00:00 |
Financials
| Annual Rent | £ 29,500 |
| Estimated Tenants Annual Operating Profit | £ 31,880 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
| Estimated Annual Turnover | £ 406,988 |
| Estimated Annual Barrelage | 265 |
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“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 *** FMOP = Fair Maintainable Operating Profit |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 27,917 |
| Estimated Fixtures & Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 5,000 |
| Deposit Amount | £ 7,375 |
| Rent In Advance | £ 567 |
| 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 | £ 43,044 |
| Estimated Minimum Ingoing Costs | £ 43,044 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ 1,000 |
| Estimated Annual Maintenance Compliance Charge | £ 1,565 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ 6,108 |
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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 |
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