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:
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! ??
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.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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