Are you looking for pubs to lease in the Driffield area ? Why not run ‘The Black Horse’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Black Horse is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Lease A Pub In Driffield – The Black Horse Is Now Available !
The main entrance splits into the main bar and the dining area, both of which have individual bar serveries. The dining area is traditional in its decor with 28 seats whilst the main bar continues the theme with similar styled seating, exposed stone walls and dark wood beamed ceilings.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Black Horse Driffield
Indoor trading area
The main entrance splits into the main bar and the dining area, both of which have individual bar serveries. The dining area is traditional in its decor with 28 seats whilst the main bar continues the theme with similar styled seating, exposed stone walls and dark wood beamed ceilings.
Outdoor trading area
It is situated centrally in the village, a traditional looking outlet with parking adjacent to the village green. Small terraced area to side of pub provides a drinking/smoking area.
Your living accommodation
The private accommodation has 3 bedrooms , lounge, kitchen and bathroom
Surrounding area
Local competition
- Florall Hall,Esplanade, Hornsea, HU18 1NQ (1.8 mi)
- Ashburnum,Victoria Avenue, Hornsea, HU18 1NH (2 mi)
- Admirality Guest House,Marine Drive, Hornsea, HU18 1NJ (2.1 mi)
- Luciens,Newbegin, Hornsea, HU18 1AB (2.1 mi)
- Marine,Sea Front, Hornsea, HU18 1NJ (2.1 mi)
Lease A Pub In Driffield – The Black Horse Is Now Available !
The Black Horse Driffield
Potential Turnover
£352,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £21,500.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND J
The proposed agreement: Retail Partnership Tenancy
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£11,350.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £21,500.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£15,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£6,100
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
