If you are looking for pubs to lease in Driffield, you could run The Original Keys !
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Pubs To Lease In Driffield – Run The Original Keys
The Original Keys, Driffield
Proper Pubs are excited to invest in this great community pub! with full internal decoration and new signage !
* REFURBISHMENT PLANNED **
The Original Keys is situated in the centre of the picturesque farming town of Driffield. The busy town centre offers a wide selection of shops, bars, cafés, restaurants and pubs. Two nearby supermarkets and a weekly market bring lots of passing trade into the town centre, along with regular livestock events supporting the local farming community. There is a large NCP car park to the rear of the pub, and nearby sports clubs & leisure centre within walking distance.A total population of over 15,000 people live within a 10-minute drive of the town centre, with the highest proportion of these being in the 25 to 44 year old age bracket.
Pub Layout
The pub will have a fresh new feel with full internal decoration , there will be loose and fixed seating all served by a well stocked bar servery . Externally there will be a courtyard with modern bench seating
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Original Keys, Driffield
The Original Keys will be a wet led community focused pub which has potential to develop its existing trade by becoming a real ‘hub of the community.’ Existing activities provide a sound base of sports teams and traditional bar games including; football, darts, dominoes and pool as well offering live entertainment/karaoke.
Private Accommodation
A spacious living room with family sized bathroom, kitchen and two bedrooms. The third bedroom is currently used as an office but could easily be converted back to a bedroom if desired.
The Original Keys, Driffield
Security deposit – £2,000
This opportunity is for you to run your pub as a self-employed manager. Admiral Taverns take care of all the running costs including rates, utilities, stock and day to day running costs whilst you take home a %age of the weekly sales, you are responsible for paying all employment costs relating to your staff and any council tax for the residential quarters.
This model allows you the freedom to grow your income through increasing sales, whilst the landlords support you and keep the bills paid
No rent applicable on this agreement.
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: 2000
Annual Cost: 0
