tenancy
672 Barnsley Road, Newmillerdam, Wakefield WF2 6QQ, UK
Approx. Total Ingoings
£19,000Annual Rent
£48,000The Fox & Hounds is a beautiful pub situated in the affluent village of Newmillerdam with an established trade, there is however heaps of potential to drive this even more. With minimal ‘TLC’ needed and with a new publican’s vision this pub has great opportunity to attract extremely high levels of trade. With its fantastic location, large outdoor beer garden and extensive internal trading rooms including a bar, lounge, pub games and restaurant there is something for every type of customer on offer. Stonegate Pub Partners are now looking for an experienced publican who can maintain the high demand of wet and food sales, whilst continuing to attract new and existing trade.
Private Accommodation: The private accommodation is in good condition and comprises of three bedrooms, a large kitchen and lounge area.
Indoor trading area
On entrance to the pub, you are welcomed by a delightful central bar servery with a separate games room on one side and a comfortable lounge on the other. In the games room there is a pool table and flat screen TV for sport viewing and the lounge area has a mixture of casual seating including high tables and bar stools. Behind the bar is the main dining room which offers plenty of formal covers and a good-sized catering kitchen. There is also a large conservatory which overlooks the garden which provides additional covers for dining.
Outdoor trading area
There is a beautiful and well sized beer garden located to the rear of the pub which offers picnic bench seating, outdoor heaters and umbrellas. This is a perfect spot for guests to meet with family and friends and enjoy a drink and a bite to eat in the summer months. There is additional picnic seating to the front and side of the pub and an adequately sized car park for circa 10 vehicles.
Regional Manager Comments
This is an ideal opportunity for an experienced operator looking for a reputable food and wet business, with steady local trade during the off season and a very busy trade during the peak season due to its idyllic location. The Fox and Hounds also has the largest outside area of any hospitality setting in the village, making the pub a popular spot during the summer months. The private accommodation is also very comfortable and well maintained, ready for immediate occupancy.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Cask Ale Live Sports
Approx. Total Ingoings
£19,000
Annual Rent
£48,000
Potential Turnover: £630,000 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: £48,000 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: £19,000 (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: £30,000 (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.
