under offer
under offer
tenancy
Hospital Road, Riddlesden, Keighley BD20 5EP, UK
Approx. Total Ingoings
£10,500Annual Rent
£22,000The Marquis of Granby is an established and popular canal-side pub which currently operates as wet-led business but has the facility to provide a home cooked food offer that would help draw additional custom. The pub is locally based; custom is drawn from the village of Riddlesden and supplemented with the help of the cyclists, walkers and the boat trade that comes from the adjacent canal. The Marquis of Granby needs an experienced, community focused publican who can develop a food offer and maintain this pubs welcoming local feel.
Private Accommodation: There is a staircase which leads from the pub to a good size lounge, kitchen with breakfast bar and two double bedrooms, one with fitted wardrobes and en-suite shower room, the other a single room and separate bathroom with WC. The accommodation is in good condition and ready for moving in.
Indoor trading area
The front entrance leads into an inner lobby and separately to both lounge and bar areas. The lounge bar is currently arranged to seat around 40 covers on three sections of upholstered perimeter seating together with wheel back chairs and stools. There is also a bar counter with servery behind. The bar is a well-proportioned and traditionally appointed room with seating for around 45 covers over two sections. There is a central timber bar with counter links to the lounge for ease of management, together with a pool room. There is a trade kitchen and this is an area which offers scope for future development of the business.
Outdoor trading area
The beer garden is situated at the rear and has the potential to be developed and enlarged. It currently houses a stone-built BBQ and offers a wonderful area for relaxing during the warmer months, comprising a lawn and a number of picnic benches, which can comfortably accommodate a large number of people. The well-proportioned car park at the rear of the property has spaces for 25 vehicles. There is also a detached double width garage and a small enclosed rear yard.
Regional Manager Comments
The Marquis of Granby has a warm, welcoming feel and provides a hub for the local residents to meet and enjoy a chat along with a good pint. This pub would suit an established and experienced publican who relishes getting involved with local activities. They should be looking to develop strong links within the community and able to maximise the opportunity with the introduction of a home cooked food offer.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale
Approx. Total Ingoings
£10,500
Annual Rent
£22,000
Potential Turnover: £336,000 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: £22,000 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: £10,500 (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: £20,000 (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.
