If you are looking to let a pub in Castleford, The Magnet Hotel is available !
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Let A Pub In Castleford – The Magnet Hotel Is Available !
Welcome to The Magnet Public House, Castleford
Are you looking for a vibrant and versatile property in the community heart of Castleford? Look no further than The Magnet, a community focussed establishment that offers a unique blend of traditional pub atmosphere and modern amenities.
Key Features:
Trade Kitchen: Fully equipped to cater to all your session needs, perfect for serving delicious pub fare or hosting special events.
Function Room: Ideal for private parties, meetings, and community gatherings, providing a spacious and adaptable environment.
Bar with Pub Games: Enjoy a lively bar area complete with pub games, creating a welcoming space for customers to relax and build a sense of belonging.
Beer Garden: A large outdoor area for guests to enjoy a drink in the fresh air, perfect for sunny days and warm evenings.
Letting Rooms: Four comfortable rooms available for rent, currently aimed at contractors. While not en-suite, they offer a practical and affordable lodging option.
Prime Location:
Situated on a main road with high population density, The Magnet benefits from excellent foot traffic and a strong local community. Its prime location makes it easily accessible and a popular destination for both locals and visitors.
Opportunity:
This property presents a fantastic opportunity for those looking to enter the hospitality industry or expand their offer. With its diverse range of facilities and prime location, The Magnet Public House is poised for success.
Feel free to reach out for more information or to arrange a viewing. Let’s make The Magnet Public House your next successful venture! ??
Let A Pub In Castleford – The Magnet Hotel Is Available !
Private Accomodation
Private accommodation is tidy and includes two bedrooms, however, it is likely too small for a family.
Forecast Turnover: £471,998.86
Year 1 Rent: £0.00
Guide Rent: £34,000.00
Initial Deposit: £0.00
Full Deposit: £8,500.00
Full Tie Release: £30,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £25,000.00
Working Capital: £30,400.00
Stock & Glassware: £7,000.00
Cash Float: £450.00
Turnover Rent: £0.00
Turnover Rent %: £0.00
Forecast Wet Turnover: £242,301.87
Forecast Dry Turnover: £182,733.36
Forecast Other Turnover: £46,963.63
The Magnet is in a prime location and offers a broad range of facilities that a new Publican can market and develop as part of a community that supports the activities and key sessions
Solid offers and a quality home-cooked food offer will reward an operator who wants to be part of something bigger.
