Are you looking for pub tenancies in East Bierley? Why not run ‘The New Inn’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The New Inn 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.
Pub Tenancies In East Bierley – The New Inn Is Now Available !
Exciting refurbishment planned at The New Inn, East Bierley!
The full interior at the New Inn will be refurbished, along with the introduction of a new kitchen. The Pub will be renovated to look like a great Premium Local Pub. It will be fresh and modern, but features like the real fireplaces, the snug and of course the real ale which goes down really well with some of the local community. The refurbishment is very much about retaining existing customers, but broadening the appeal to more consumers in the local area.
Externally, we will fully redecorate and resign the pub. A new wooden pergola, and seating area will be added to the rear, which overlooks the scenic golf course.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pub Tenancies In East Bierley – The New Inn Is Now Available !
Exciting refurbishment planned at The New Inn, East Bierley!
The full interior at the New Inn will be refurbished, along with the introduction of a new kitchen. The Pub will be renovated to look like a great Premium Local Pub. It will be fresh and modern, but features like the real fireplaces, the snug and of course the real ale which goes down really well with some of the local community. The refurbishment is very much about retaining existing customers, but broadening the appeal to more consumers in the local area.
Externally, we will fully redecorate and resign the pub. A new wooden pergola, and seating area will be added to the rear, which overlooks the scenic golf course.
Beautiful Village Location
The New Inn is located East Brierly, which is a lovely village on the outskirts of Bradford, between Bradford and the Birstall area of Kirklees. The Pub has an enviable car park, and the rear of the pub opens up on to the beautiful views of the local golf course.
There are almost 800 adults in a 10-minute walk time and well over 3500 in a 20-minute catchment area.
There is no immediate competition in the village, with the nearest wet only pub almost a full 10-minute walk away. The nearest food competition is really only accessible via car, making this a great opportunity!
Brilliant Community Local Pub
The refurbishment will enable The New Inn to open fully throughout the week to customers looking to eat, drink and socialise with family and friends. There is also space for semiprivate functions such as birthdays, wakes and christenings which will help build up the reputation within the local village and slightly further afield.
The right operator will be able to offer great home cooked food, a fantastic drinks range alongside a great rhythm of the week, and become a firm favourite venue for the people of East Brierley.
Target Customers:
When refurbished, the New Inn will appeal to the whole community!
The premium look and feel of the Local Pub will attract one and all. The New Inn will be getting a complete overhaul in look and feel during the refurbishment, but the important features (like the cask ale and real fires) will be getting retained. The people of East Brierly will love the refurbished New Inn.
Offer:
When refurbished, the New Inn will offer:
A wide range of quality draught lagers, ciders and Hand Pull Cask Ales will be available, with a good mix of standard and premium wines, spirits and soft drinks.
Home Cooked Pub Classics and a great Sunday Roast will complement the refurbishment perfectly.
A coffee offer will be the perfect ending to a meal, or during the day for friends and groups to meet up, accompanied by a nice cake or a scone.
Menu specials, and classic pub entertainment like pub quizzes will drive footfall through the week.
Trading Area & Facilities
The New Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Main trading area with bar
Separate dining room
57 internal covers
52 external covers
Catering kitchen
SmartDispense
Beer garden
Car park
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an “Investment Exemption” will be required. The exemption means that the option of a Market Rent Option lease won’t be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private Accommodation
Private accommodation consists of four bedrooms, living room, kitchen and bathroom.
Pub Tenancies In East Bierley – The New Inn Is Now Available !
Annual Rent £
33,970
Estimated Tenants Annual Operating Profit £
34,868
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
395,884
Estimated Annual Barrelage
177
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
30,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,500
Deposit Amount £
8,493
Rent in Advance £
653
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
55
Premises Licence Fee £
180
Rates Assessment Fee £
50
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
45,256
Estimated Minimum Ingoing Costs £
45,256
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month’s rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month’s rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month’s rent will be required for operators trading under a Limited Company with no Guarantors.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
2,136
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor – your solicitor’s fees are not included in the above estimate
