Walkers Arms Leymoor

Parkwood Road, Huddersfield, HD7 4QW

  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor
  • Walkers Arms Leymoor

Walkers Arms Leymoor

Recently Refurbished Family Pub

The Walkers Arms is a well known local situated in the village of Leymoor. The pub sits in a prime location, directly beside the local cricket ground and near to the local bowling club. Add to this the fact that the pub was recently refurbished and you have an exciting business opportunity.

The pub is known for its friendly atmosphere and has a growing reputation for its cask ale. Due to the nearby cricket ground, there is steady trade throughout the week and the pub also hosts a variety of weekend and evening events. The catering kitchen allows for a home cooked traditional food menu.

But what makes this business even more appealing is the outdoor space. A covered beer patio is located directly beside the pub and additional capacity of up to 80 people is located in a detached outdoor terrace on the edge of the 25+ space car park.

This space gives an operator plenty of options for outdoor seating and events especially during the warmer summer months. Considering the current climate, a pub with plenty of outdoor space is particularly appealing.

Ambitious Local Operator Wanted

Are you a local operator who has a passion for customer service and your community? You will have prior experience running a hospitality business and have a clear vision on how to market your business. Knowledge of cask ale would be an extra bonus.

BDM Vision:

The Walkers Arms is in great condition due to recent refurbishment both inside and outside - it is well loved in the local community and I need its next operator to carry that spirit on. We have invested in the pubs external trading space to ensure it can be operated to its maximum in the summer months. I am looking for someone to build on its already well established trade, benefitting from the pubs great location and use their knowledge of great retail standards to make this the go-to pub for families in the local area.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Walkers Arms is a traditional two room operation with the front space functioning as a more casual lounge, and the rear as a small dining room - total internal covers only reaching around 20-25. The site is complimented with one homely fireplace, making it great for the winter months, and the pub is in great condition with wooden flooring throughout, and recently re-upholstered furniture.

There is a 25+ space car park at the pub with a detached fenced 80 cover beer terrace to ensure great views of activity at the local sports ground. The pub also has a good sized appealing beer garden attached with a covered area to ensure it could be utilised throughout the year. Additionally, there is an external bar service area that has 6 taps to serve the patio and cricket field in the summer.

Private Accommodation

The accommodation consists of two bedrooms, a kitchen, lounge and bathroom. The property has been well maintained throughout. In line with our Ready to Trade Promise, if required the appropriate works will be carried out.

Premises Licence Details

Please refer to premise licence for further detail

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 01:30 11:00 - 01:30 11:00 - 11:30

Financials

Annual Rent £
22,000
Estimated Annual FMOP (Licensee Profit) £
23,019
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
300,542
Estimated Annual Barrelage
210

“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 £
10,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
5,500
Rent In Advance £
423
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
18,483
Estimated Minimum Ingoing Costs £
12,028

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 £
1,778
Estimated Annual Maintenance Compliance Charge £
1,469
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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