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The Thatched House is a popular community pub in the village of Stanley on the busy A642 linking the M62 and Wakefield, approximately 2 miles from Wakefield town centre. The pub is ideally located on the edge of a residential area, and enjoys stunning views over the River Calder. The population tops 10,000 people across all age ranges within one mile of the pub, and local shops and amenities are only a short walk away. The city of Wakefield is increasingly popular with tourists visiting its cathedral, Ridings Shopping Centre and art gallery, and the location of the pub on one of the main access roads from the motorway network attracts a large amount of passing trade.
Pub Layout
The pub is a traditional two-room layout with a tap-room bar area and lounge, both accessed through the main front entrance lobby and both featuring well-stocked bar serveries. The bar area is to the right of the pub and features a pool table and darts oche, along with a mix of fixed and loose seating. The lounge area to the left of the pub is the smaller of the two rooms with a mix of fixed and loose seating and feature open fireplace, and leads through the conservatory to the pub's hidden gem - a balcony seating area with fantastic views out over the River Calder and surrounding fields. Steps lead down from this to the enclosed beer garden and patio area, featuring picnic benches, a covered seating area and childrens play equipment. As the pub is built on a hill, there is the additional bonus of a small function room at basement level, with access out to the garden and seperate toilet facilities. There are two commercial kitchens in the pub (one on each floor) giving the perfect facilities to cater for functions or larger parties. Externally to the side of the pub is a car park which can comfortably accommodate approximately 20 vehicles, along with a garage/storage area. The standards in all areas have been kept very high by the current licensees.
The private accommodation on the first floor is in good order and of a comfortable size, and comprises of three bedrooms, lounge, kitchen and bathroom.
Annual Rent: TBC – Start up rent £15,000
Security Deposit: £3,000 (building bond to £5,000)
Working Capital: £2,500
Stock: £3,500
Business Rates: Nil
F&F: TBC – Funding options may be 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.
* Based on the April 2023 provisional rating list, the Zero Rates Payable is based on the licensee only occupying one property for commercial purposes.
The Thatched House is a fantastic opportunity for either an individual or couple who can deliver a quality, home-cooked pub food offer through the week alongside a fantastic Sunday lunch offering. This could be an experienced pub operator or someone with catering experience that is looking to make the next step to run their own business. The new operator will have the potential to improve and extend the current drinks offer and range. There is a great opportunity to increase customer footfall, spend and pub turnover through the introduction of new products and more premium options across all drinks categories to attract new customers catering for different occasions.
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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