Grey Horse Houghton Le Spring
Old Penshaw, Houghton Le Spring, DH4 7ERAgreement Type:
Foundation Tenancy
View details for Grey Horse Houghton Le Spring
Rosebud Inn Rothwell
Rosebud Inn Rothwell
Westfield Road, Leeds, LS26 0SJ Pub Code: 2303113101
Pub Code: 2303113101
Foundation TenancyEst Min Ingoing Costs: £7,759
Annual Rent: £15,118
The area
The Rosebud is located in the town of Rothwell, between Wakefield and Leeds. The pub has a large outdoor area with scenic views out over the fields towards Carlton and Rothwell.
Demographics
The pub benefits from being one of 2 pubs found in an area of around 1,702 adults. The local customer base is made up of a mix of families, married couples, and mature singles.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining the warm and welcoming atmosphere, building on the pubs established reputation and taking the pub to the next level
The site currently has the ability to drive trade via great cask ales, food and drink. The pub has a large outdoor area with benches and is currently dog friendly.
We’re always open to new ideas, what would you do to drive trade?
The right operator for the pub will have experience in a similar hospitality business. They will have a clear vision for how to improve their business and create a memorable experience for their customers.
Trading Area & Facilities
- Main trading area with bar
- Catering kitchen
- SmartDispense
- Large beer garden
Private Accommodation
The pub has private accommodation.
Estimated Total Ingoing Costs
£19,499
Estimated Minimum Ingoing Costs
£7,759
Annual Rent
£15,118
Estimated Annual Turnover
£219,940
Deposit
£3,779
Estimated Fixtures & Fittings Value
£9,220
Estimated Stock Valuation
£3,000
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:
Westfield Road, Leeds, LS26 0SJ
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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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