tenancy
Mill Lane, South Elmsall, Pontefract WF9 2DT, UK
Approx. Total Ingoings
£11,750Annual Rent
£25,000A rare opportunity has presented itself to operate the fantastic Barnsley Oak in Minsthorpe. The pub is ideally located and has an established reputation with regular trade from locals and those visiting for the excellent food and drink offer. Internally the pub is in good decorative order and has been well kept allowing a new publican to continue the operation uninterrupted. There is an open plan trading area including a public bar, lounge and adjacent dining room and a well-sized beer garden with bench seating. Stonegate Pub Partners are now looking for an experienced publican or a new starter with catering skills to take on this great food led pub to ensure the success and reputation of the business is maintained.
Private Accommodation: The private accommodation is in good condition allowing immediate occupation and comprises of three bedrooms, lounge, kitchen and bathroom.
Indoor trading area
The pub currently operates in a welcoming open plan trading area, there is a main single bar servery which currently serves both the lounge dining room and bar area. There is a separate dining room adjacent to the main area which can accommodation additional covers when the pub is busy. This has the scope to be used as a private room for functions and events to draw in additional revenue. There is a range of fixed seating and loose furniture and tables providing flexible arrangements dependent on the event or function.
Outdoor trading area
The beer garden is located at the front elevation and offers a good-sized lawned area with garden benches and a smoking solution. The pub also benefits from a large well kept car park accommodating over 25 vehicles.
Regional Manager Comments
The pub has been well maintained and is in excellent condition offering good décor and presentation throughout. Accommodating regular drinkers and diners alike, there is a good established trade here that has been earned on good reputation of service and quality of food and drink. This is a fantastic opportunity to take on a business with solid foundations, yet with plenty of scope to develop further. Ideally suited to an experienced food operator or an established publican, this is a real prospect to take on a business of this nature.
Retail Partnership Tenancy
Beer Garden Private Accommodation Children's Play Area
Approx. Total Ingoings
£11,750
Annual Rent
£25,000
Potential Turnover: £485,000 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: £25,000 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: £11,750 (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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My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
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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.
