Property Description
We are planning to transform The New Inn, a rural pub located in the village of Eccup, into a fantastic food destination.
A full refresh inside and out, making it a welcoming space for locals and visitors.
The area
With no direct competition in the immediate area, The New Inn has great potential to become a go-to spot for those seeking a quality dining experience in a peaceful, scenic setting. We're seeking an experienced operator to help maximise the opportunity this unique location offers, drawing in customers from nearby suburbs and capitalising on local tourism.
We are planning to transform The New Inn, a rural pub located in the village of Eccup, into a fantastic food destination. Although tucked away in a quiet countryside location, it’s just a short drive from the affluent suburbs of Bramhope and Alwoodley, as well as popular attractions like the Emmerdale set and Harewood House. The refurbishment includes expanding the kitchen, along with a full refresh inside and out, making it a welcoming space for locals and visitors.
The offer
Drinks:
• The New Inn will offer a wide range of drinks options, including premium draft lagers and ciders, cask ales, a superb wine selection, and a variety of spirits. Given its drive-to location, there will also be an excellent selection of low and no options.
Food:
• The pub will offer a traditional British pub menu, with items such as small plates and vegetarian or vegan options. The food offering will cater to those looking for both hearty meals and lighter, more contemporary dishes.
Coffee:
• A strong coffee offering will be available, to attract daytime visitors, walkers, and those passing through for a casual stop, helping to broaden the pub’s appeal.
Events:
• Occasional entertainment, such as live music or quiz nights, will complement the pub’s core focus on food and location, ensuring a relaxed but engaging atmosphere
The New Inn Eccup is available on our Investment agreement. Click here for more information on this agreement.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for The New Inn Eccup Leeds will have extensive experience in running a busy food led hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter…
The New Inn Eccup Leeds will be undergoing a refurbishment which will cover the interior and the exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Main trading area with bar
Separate dining room
84 internal covers
68 external covers
Catering kitchen
Large garden
Car park with 50 spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.
Please refer to Premises Licence for further details.
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Function Room
Live Sports
Cask Ale
Outdoor Trade
Parking
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
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