Are you looking to lease a pub in Hull? Run ‘The Crows Nest’
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Lease A Pub In Hull – Run The Crows Nest !
Lease A Pub In Hull – Run The Crows Nest !
The Crows Nest is wet led community pub located on the Longhill Estate in the eastern area of the city of Hull. This popular community pub offers its customers a traditional separate bar and lounge, a terrific beer garden plus ample parking. Demographic data shows a population of just over twenty one thousand people live within a one mile radius of the pub which demonstrates the huge potential this site has to offer sitting at the heart of this large community.
Pub Layout
The pub offers a traditional separate bar and lounge and each has its own entrance from the car park at the front of the building. On entering the bar area customers are greeted with a well decorated bar with its own servery, open fire and dedicated pool area. This is warm, friendly and a welcoming environment and home to both pool and darts teams.
On entering the lounge, customers will find a decent sized room again with its own servery and a raised seating area. The impressive beer garden can be accessed from the lounge and this is a terrific area with planted flower beds, a good sized lawn area and smoking shelter. The garden is fully enclosed and a very popular area in the summer with families.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Crows Nest is a 100% wet led business that is currently home to both pool and darts teams. The pub also has a strong entertainment programme including bingo nights, karaoke and the occasional live artist. Although there is no catering kitchen there is sufficient space to introduce a back bar food offer especially in the lounge which would bring an additional income stream. The beer garden would be a great space to host fun days and community events during the summer months.
Private Accommodation
The private accommodation is located on the first floor of the pub and offers three bedrooms, lounge, kitchen and bathroom.
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £2,000
Stock: £2,500
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.
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)
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
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: 9500
Annual Cost: 0
The Crows Nest, Hull
We are looking for an individual/couple with local knowledge who are willing to embed themselves into the community and continue to deliver a strong rhythm of the week and shining retail standards is a must to ensure the local clientele return time after time.
