If you are looking to lease a pub in Halifax, you could run The Queens Head Tavern !
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Lease A Pub In Halifax – Run The Queens Head Tavern !
Lease A Pub In Halifax – Run The Queens Head Tavern !
Halifax is a market town in West Yorkshire. A thriving town during the industrial revolution and steeped in history due to its woollen manufacture trade it is increasingly popular with locals and tourists visiting the area.
The Queens Head Tavern is a very popular community pub located within a busy residential area with the population topping 10,000 people across all age ranges with local shops and amenities just a short walk away. Just two miles outside Halifax on the busy A629 Mason Green Road access to and from the town centre are excellent.
Pub Layout
From the main road you can enter the main lobby area. Here, there are three seating areas located off the main servery bar, a snug area, lounge area and pool/darts room. The mixture of fixed and loose seating throughout the open plan layout make this area warm, inviting and very sociable. Accessible through this room is the beer garden. Wooden benches and a partly covered section alongside the building provides this “hidden gem” which overlooks neighbouring fields and provides panoramic views of the surrounding countryside. Externally to the front of the building is several more benches, alongside a small car park for approx. seven cars. The standards in all areas have been kept very high by the current licensees.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Lease A Pub In Halifax – Run The Queens Head Tavern !
The Queens Head Tavern, Halifax
The pub currently operates on wet only basis, with an opportunity to offer simple back bar handheld food.
The local community provides a strong established day-to-day trade, with the opportunity to build on the existing offer throughout the week with entertainment built around the current offer of live sports being shown throughout the domestic season.
Private Accommodation
The private accommodation on the first floor is in good order and of a comfortable size. This comprises of three bedrooms, lounge, kitchen and bathroom.
The Queens Head Tavern, Halifax
Annual Rent: £33,000
Security Deposit: £7,000
Working Capital: £2,500
Stock: £4,000
F&F: TBC – Funding options may be available for the right licensee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
* Based on the April 2023 provisional rating list, the Zero Rates Payable is based on the licensee only occupying one property for commercial purposes.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Ingoing Cost: 13500
Annual Cost: 33000
The Queens Head Tavern, Halifax
This is a great opportunity for a hands on experienced wet led, sports/entertainment driven all-round operator.
I am looking to work with an individual/couple with local knowledge who are willing to embed themselves into the community and who can put their own ideas into the business to deliver outstanding results. You must be competent and confident in marketing outside the pub, along with utilising the many social media platforms to attract customers from outside the area.