If you are looking to let a pub in East Keswick, you could run The Duke Of Wellington !
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Let A Pub In East Keswick – Run The Duke Of Wellington
Overview of Duke Of Wellington
The Duke of Wellington is a very attractive stone built detached building in the affluent and extremely desirable village of East Keswick, which is approximately 4 miles from Wetherby, 12 miles from Leeds and 10 miles from Harrogate. The village can be accessed via the Harewood Road from Collingham. The exterior benefits from a very attractive, tasteful contemporary signage and a spacious beer garden. There are two bar areas in the internal area, both with working feature fireplaces, as well as a large and airy separate contemporary dining area. There is a good-sized trade kitchen, ideal for developing the current, successful food offering. Stonegate Pub Partners are seeking a publican with previous catering experience looking to operate a destination food offer.
Indoor trading area
The internal trading area is in excellent condition throughout, decorated in a modern, country pub style. The main bar area is accessed via the car park, as you enter the pub you are greeted by a beautiful long bar servery. There are 10 covers present, made up of loose seating and an open fireplace, adding to the welcoming atmosphere. To the left is a separate snug with seating for 30 covers and a wood burning stove, the idyllic spot for comfortable drinks in the winter months. The second bar area is accessed through the front entrance and is very light space with another cosy fireplace. There is an impressive, open plan restaurant with dark leather booths and wooden seating that provides up to 60 covers. The trade kitchen is well-equipped and can comfortably accommodate the number of covers for the restaurant, perfect for continuing the already successful food offering.
Outdoor trading area
The outdoor area consists of an attractive and well-maintained patio area that sits to the side of the pub, with plenty of room for 50 customers. It is lined with beautiful greenery and flowers, a great setting for after-work drinks during the hotter months. A large car park runs around the pub and provides space for up to 20 vehicles, ideal for customers travelling from surrounding areas.
Your living accommodation
The private accommodation boasts four-bedrooms, a living area, kitchen and office all in good decretive order.
Surrounding area
East Keswick is an affluent village at the heart of the so-called golden triangle of Wetherby, Harrogate and Leeds. The village can be accessed via the Harewood Road from Collingham. It is a quiet conservation area with its own Wildlife Trust and many pleasant walks that are enjoyed by both villagers and tourists. There is one other pub in the village which is predominantly wet led so there is no direct competition and the two serve the village quite well and act as a hub for the local community to socialise.
Local competition
Bingley Arms,Church Lane, Leeds, LS17 9DR (0.7 mi)
1066 Cafe & Bistro,Hastings Court, Wetherby, LS22 5AW (1.9 mi)
Windmill Inn,Main Street, Wetherby, LS22 4HT (2.4 mi)
Fox,Main Street, Leeds, LS14 3DX (2.5 mi)
Harewood Arms Hotel,Harrogate Road, Leeds, LS17 9LH (2.6 mi)
The Duke Of Wellington East Keswick
Potential Turnover
£366,000.00 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: £25,000.00 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
£11,250.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £25,000.00), 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
£25,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£18,600
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
Regional Manager’s thoughts on the Duke Of Wellington
The Duke of Wellington is a destination food pub which also enjoys a good local wet trade due to its selection of cask ales. Well known for its home cooked, seasonal food offer and regularly changing menu, this is an excellent opportunity for a chef to take on a pub with a great reputation for food. The local and tourist trade of East Keswick and the surrounding villages mean there is plenty of demand for this offer.
Allan, Regional Manager
