Are you looking pub tenancy in the Leeds area ? 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.
As the only pub within a two-mile radius, The New Inn already enjoys plenty of trade. Located on the outskirts of the village of Eccup, it is surrounded by beautiful rolling countryside despite being less than a 20-minute drive from the city of Leeds. Cyclists and walkers also frequent the area during the warmer months.
The New Inn will deliver excellent, locally sourced food while catering for relevant food trends, offering veggie, vegan and allergen-friendly options. A full transformation, inside and out, will make it stand out a mile. Its beautiful and scenic rural location will ensure it is the pub of choice for alfresco dining, while its lovely interior will keep customers visiting all year round.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
New Inn Leeds
Trading Area & Facilities
The New Inn is going through a full transformation in every sense, with a full refurbishment inside and out. Its new look will match its fantastic location.
Externally, the pub will see the full decoration, including a new entrance, a pergola, and full new external seating.
Private Accommodation
Private accommodation consists of three bedrooms, living room, kitchen and bathroom. In line with our Ready To Trade Promise, we will ensure that the necessary works are completed on the private accommodation so that you can focus on getting your business right.
Pub Tenancy In Leeds – The New Inn Is Now Available !
Annual Rent £
61,780
Estimated Tenants Annual Operating Profit £
63,529
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
678,162
Estimated Annual Barrelage
228
Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
44,982
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
15,445
Rent in Advance £
1,188
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
71,225
Estimated Minimum Ingoing Costs £
71,225
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 £
2,683
Estimated Annual Maintenance Compliance Charge £
1,565
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
New Inn Leeds
Ambitious, Experienced Operator Wanted
Are you a skilled operator who has experience running a similar style of pub? You will have prior experience developing and marketing your food menu along with a knowledge of the local area. Please note, prior experience with a similar pub will be essential for this application.