Are you looking for pubs to lease in the Hull area? You could run ‘The Crooked Billet’ as this is now available.
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Pubs To Lease In Hull – The Crooked Billet Is Now Available
** SHORT TERM AGREEMENT – FLEXIBLE TERMS AVAILABLE **
The Crooked Billet is a charming, traditional 17th Century Inn and is one of the oldest pubs in the Holderness area. The pub is located in the centre of the hamlet of Ryehill which is 7 miles East of the centre of Hull. Ryehill is a small village surrounded by rolling fields and grazing land and is also within easy walking distance to the villages of Thorngumbald and Kensingham, both of which offer all the local amenities.
Pub Layout
The Crooked Billet dates back to the 17th Century but received a reconstruction in 1939. The pub retains lots of its original period 17th Century character and features with it’s low ceilings, open beams and multiple cosy open fires being retained. The trading area consists of a bar area and servery with a good selection of cask ales, plus an open dining room split on two levels with a variety of loose and fixed wooden seating and tables.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Crooked Billet, Hull
The Crooked Billet is currently trading as drinks focused establishment with cask ales being very popular among locals. There is great potential to improve trade from locals and visitors to the area by introducing a food offering.
Private Accommodation
The private accommodation is located on the first floor and is in a reasonably good condition. It consists of two bedrooms, a lounge and bathroom.
The Crooked Billet, Hull
Annual Rent: £5,200
Security Deposit: £3,000
Working Capital: £2,000
Stock: £2,000
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: 7000
Annual Cost: 5200
The Crooked Billet, Hull
We are looking to work with someone on a short-term arrangement, and there may be the option of flexibility on some of the terms of the agreement. The pub is a popular destination for the local community and has a good reputation for its cask ale offering so a passion for real ales would be ideal. In addition to delivering a good choice of real ales, premium spirits and wines there lies an opportunity to introduce a food offer.
