tenancy
7 The Cross, Barwick in Elmet, Leeds LS15 4JP, UK
Approx. Total Ingoings
£18,250Annual Rent
£29,000The Black Swan is a semi-detached characterful public house situated in the attractive village of Barwick-In-Elment, located just eight miles north east of Leeds. The current trade is a mixture of residents from the local village, visitors to the area and those passing through. The pub is popular for casual drinking, quality lunchtime and evening meals and offers a traditional operation with a cosy central bar which serves the primary dining room and the snug area. There is the addition of a covered outdoor seating area, a popular spot in the summer and a large car park for guests to use. Stonegate Pub Partners are now seeking an experienced publican who can integrate with the locals to maintain and grow the trade. The publican will also need catering skills to continue the offer of quality pub food.
Private Accommodation: The private accommodation has been well maintained and comprises of two bedrooms, a lounge and kitchen.
Indoor trading area
The pub currently operates in three main internal trading areas; the traditional and cosy bar used frequently by local drinkers, the lounge/restaurant area utilised for casual dining and the snug area arranged for informal drinking and lunchtime and evening meals. The décor is characterful and inviting with charming features and an open fireplace.
Outdoor trading area
To the rear of the pub is an adequately sized, covered seating area for around 12 guests, offering guests to enjoy drinks outside. There is the added benefit of a large car park which offers plenty of spaces for customer parking. The car park is also a throughfare for the publican to access the private accommodation.
Regional Manager Comments
The Black Swan is a wonderful village pub with a strong trade from the local residents and visitors to the area. I am looking for an experienced publican who has a catering background who can provide quality pub food. The current publican has established a fantastic customer base and I would like this to be continued, making the Black Swan the hub of the local community.
Retail Partnership Tenancy
Beer Garden Private Accommodation Parking Cask Ale
Approx. Total Ingoings
£18,250
Annual Rent
£29,000
Potential Turnover: £286,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £29,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £18,250 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £15,000 (excl VAT)
To be discussed with the Regional Manager.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
