Westgate Halifax
28 Westgate, Halifax, HX1 1PWAgreement Type:
Just Add Talent
View details for Westgate Halifax
Navigation Inn Sowerby Bridge
Navigation Inn Sowerby Bridge
47, Chapel Lane, Sowerby Bridge, HX6 3LF Pub Code: 2303014101
Pub Code: 2303014101
Foundation TenancyEst Min Ingoing Costs: £14,774
Annual Rent: £15,295
Canalside Pub
The Navigation Inn is a quaint little pub that boasts an established cask ale trade. It has plenty of local transport links and access to the canal tourism in the area. The pub is full of character and offers visitors a peaceful hideaway from the hustle and bustle in the streets above.
The next operator of The Navigation should drive food and cask ale throughout the year, utilise it's snug area for functions and exploit its fantastic beer garden in the summer months.
Experienced Operator Wanted
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 similar hospitality business. They will have a clear vision for the pub 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
Inside, the pub consists of one main bar with a smaller, snug like section.
Outside, the pub has two beer gardens - one to the front and one to the rear.
Outside, the pub has two beer gardens - one to the front and one to the rear.
Private Accommodation
Private accommodation consists of three bedrooms, living room, kitchen, bathroom and a large loft space.
Estimated Total Ingoing Costs
£24,823
Estimated Minimum Ingoing Costs
£14,774
Annual Rent
£15,295
Estimated Annual Turnover
£311,254
Deposit
£3,823
Estimated Fixtures & Fittings Value
£7,500
Estimated Stock Valuation
£10,000
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.
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:
47, Chapel Lane, Sowerby Bridge, HX6 3LF
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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