Malt Shovel Inn Bradford

290 Whitehall Road, Drighlington, Bradford, BD11 1BB

  • Malt Shovel Inn Bradford
  • Malt Shovel Inn Bradford
  • Malt Shovel Inn Bradford
  • Malt Shovel Inn Bradford
  • Malt Shovel Inn Bradford
  • Malt Shovel Inn Bradford

Malt Shovel Inn Bradford

Refurbishment Planned at Well-Known Local

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

  • Rolling Tenancy
  • Car Parking
  • Refurbishment Planned
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Cask Ale

Trading Area & Facilities

Inside, the pub is split into two trading areas - a main bar and a dining room. All trading areas will be refurbished. Post refurbishment, the pub will be able to accommodate circa 86 covers inside.

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.
Outside, we will create new signage for the pub - we propose a name change to The Malt in order to signify a new era for the premises. The beer garden will receive new bench-style seating and lighting.

Private Accommodation

There private accommodation consists of a lounge, kitchen, bathroom and three bedrooms. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

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

“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

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

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 £
1,000
Estimated Annual Maintenance Compliance Charge £
1,565
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