Pubs On The Market v2.0

Old Wire Works Huddersfield

Yorkshire and the Humber

75 Acre Street, Huddersfield, West Yorkshire HD3 3DZ, UK

Located on the busy road through the heart of bustling Lindley, the Old Wire Works occupies a prime location directly opposite Huddersfield Royal Infirmary amidst a mixture of residential properties, local shops and offices. Formerly known as the Nightingale, the Old Wire Works has been completely re-positioned into a well-presented, comfortable pub able to adapt its retail offer as the day moves on. The pub is largely open plan, and the trading area can be adapted to suit a variety of retail offers and more importantly an informal dining experience to suit numerous different customers and provides an excellent setting for live music and entertainment. The Old Wire Works benefits from being a detached property and has a large rear beer garden enabling al fresco drinking and dining. There are also two large external TV's which drive footfall during key live sporting events. 

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Gallery

Everything about the Pub

The Old Wire Works is located in the densely populated suburb of Lindley, northwest of Huddersfield town centre, on the A640 towards the M62 (west). The pub forms part of a busy out-of-town circuit and at present there is a lot of developments happening in Lindley, including the Hospital’s large-scale expansion which is planned over the next five years which is situated around the pub’s grounds.

Private Accomodation

Private accommodation includes three bedrooms, lounge, kitchen and bathroom.

Agreement Fee: £750.00

Cash Float: £4,000.00

Fixtures & Fittings: £35,000.00

Forecast Turnover: £464,902.89

Full Deposit: £7,500.00

Full Tie Release: £43,000.00

Guide Rent: £30,000.00

Initial Deposit: £0.00

Repair Fund: £1,500.00

Stock & Glassware: £6,000.00

Working Capital: £34,300.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £100,582.16

Forecast Other Turnover: £0.00

Forecast Wet Turnover: £364,320.72

Additional Info

Ingoing Cost: £34,300.00
Annual Cost: £30,000.00

Agreement Type: Fixed Term Tenancy

The Old Wire Works is a fantastic and rare business opportunity and far from being simply a one trick pony. The pub has many assets to be exploited, meaning it can appeal to numerous different people at different times of the day. This is a fantastic business opportunity for an experienced publican who can maximise the attributes of this pub by appealing to the broad demographic that visit to drive footfall and profit. The new publican will be able to recognise the great foundations that the current publican has built and develop this offer further.

Contact

Contact The Love Your Pub Team:

Contact number: 01329 227488

Contact email address: info@loveyourpub.co.uk

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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.