tenancy
1 Acre Street, Lindley, Huddersfield HD3 3DX, UK
Approx. Total Ingoings
£9,750Annual Rent
£19,000The Bay Horse is a wonderful, community local positioned in a prominent location and lies on the outskirts of central Huddersfield. This is a high profile, renowned suburban pub with a great reputation as a landmark venue. The pub comprises of a split-level lounge bar and an enhanced second bar with the outside drinking area a further attraction. This is a great opportunity for a publican to drive food sales with the introduction of a strong food menu, drawing in the locals but at the same time building a strong reputation with those further afield. The new publican will need to build strong relationships with the locals in the community to reignite the pub as the Bay Horse as the destination food pub in the local area.
Private Accommodation: Located on the first floor, the private accommodation comprises of three bedrooms, a large lounge, a well-equipped kitchen, a bathroom and office. The private quarters can also be accessed from a separate entrance from the outside.
Indoor trading area
The pub offers a very versatile trading area boasting a large and attractive lounge with raised areas and a variety of seating for approximately 60 covers, which creates a flexible area for drinkers and diners alike. With the layout of the lounge there is the potential to maintain the current entertainment of a weekly quiz drawing in the locals. There is also a second bar which offers 20 covers in a stylish setting, ideal for guests to meet with friends. A good-sized trade kitchen is also onsite providing the publican with the facilities to introduce a strong food menu.
Outdoor trading area
The Bay Horse benefits from having an enclosed patio area on the front elevation with around 20 bench tables for outdoor drinking. There is an adequately sized parking area also available with space for around 3 vehicles.
Regional Manager Comments
The Bay Horse is a fantastic pub which is beautifully presented with modern and stylish décor. The pub is ideally located with plenty of passing trade with restaurants and shops in close proximity. There is great scope and capability for the Bay Horse to trade with a significant food operation and attract trade with its quality drinking space at the front side of the pub. This is an ideal opportunity for a publican to develop the drinks offer, launch a strong food menu and evolve the pub as a good locals pub. The new publican will need the ability to build great relationships with the local community.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking
Approx. Total Ingoings
£9,750
Annual Rent
£19,000
Potential Turnover: £273,000 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: £19,000 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: £9,750 (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: £2,000 (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.
