Are you looking for pub tenancy in the Milnesbridge area ? Why not run ‘The Horse & Groom’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Horse & Groom 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 Tenancy In Milnesbridge – The Horse & Groom Is Now Available
The Horse & Groom is a double fronted detached stone built pub, situated in Milnsbridge is a district of Huddersfield, West Yorkshire, England, situated 2 miles west of the town centre, and in the Colne Valley. The site is located on a busy crossroads with many houses and local business’ within close proximity.
Pub Layout
The Horse and Groom is a two-room traditional pub with a bar to service each area. There is a traditional and relaxed feel throughout the pub with both loose & fixed seating. There is currently a pool table which is used by the locals. The flooring is both carpeted and wooden throughout. The main bar servery is well stocked with a mid market product range. The front of the pub has a couple of tables to allow people to enjoy a drink in the warmer summer months.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Horse & Groom, Milnesbridge
The Horse & Groom is a traditional community pub which is well supported by the surrounding area. Weekends offer a more lively program of entertainment with live music and karaoke. Showing live sports is welcomed by the community and at present there is a pool team . Mid week nights such as a quiz night would be a good addition to the current offering
Private Accommodation
The private accommodation consists of three bedrooms, living room, kitchen and bathroom.
The Horse & Groom, Milnesbridge
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £1,500
Stock: £2,500
Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
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. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
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: 9000
Annual Cost: 0
The Horse & Groom, Milnesbridge
This site would suit a first time operator or experienced multiple. This operator needs to have a passion and commitment to deliver exceptional service and standards, embracing the local community is a must in making this the go to pub in the area.
