tenancy
10 Cottingley Road, Allerton, Bradford, West Yorkshire BD15 9JP, UK
Approx. Total Ingoings
£9,850Annual Rent
£17,500The Victoria Inn is a large end of terrace stone building located in a main road position on the road from Allerton to Bingley. It is situated close to the Salt Mills and Five locks’ tourist attractions and twenty minutes away from Howarth, the home of the Bronte’s. The pub attracts local, passing trade and holidaymakers heading for Bronte Country. This is a multi-functional business that offers something for everyone including a cosy lounge area, a private function room or restaurant, a games room and six en-suite letting rooms driving additional revenue. Stonegate Pub Partners are now seeking an experienced retailer who can continue and develop the local trade as well driving trade from further afield. The publican will also need a drive and passion for the development of functions to enhance the business to maximise its full potential.
Private Accommodation: The private accommodation which has recently decorated and carpeted throughout includes three bedrooms, lounge, kitchen and bathroom.
Indoor trading area
This large and spacious pub comprises a large lounge area with excellent bar facilities and a cosy wood-burning stove has seating for approximately 30 covers and a fully fitted catering kitchen. On the first floor is a function room/restaurant with separate bar and covers for 40; this has previously been used for both business meetings and small events such as weddings and christenings. There is also a games room to the left with a pool table, darts and dominoes which has proven very popular among regulars. The real bonus of this site is the six en-suite letting bedrooms available which include a single, two doubles, two twins and one family room.
Outdoor trading area
With views across Greenside Park, the Victoria Inn benefits from a small patio area at the front of pub. There is also additional seating to the rear, along with parking facilities for eight vehicles.
Regional Manager Comments
The Victoria Inn offers a wonderful opportunity to an experienced operator to grow and establish a multi-functional business within a local community. The pub has an already loyal and established customer base especially from the local residents who visit the site particularly for the games room and international beer offer. The pub also benefits well from passing trade and holiday-makers visiting the nearby Bronte County. The successful publican should look to continue and develop the local trade aswell as marketing the pub successfully to driving trade from further afield. The publican will also need a drive and passion for the development of functions to enhance the business to maximise the potential of this great pub.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Function Room
Approx. Total Ingoings
£9,850
Annual Rent
£17,500
Potential Turnover: £256,000 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: £17,500 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: £9,850 (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: £12,000 (excl VAT)
To be discussed with the Regional Manager.
MISREPRESENTATION ACT 1967
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.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
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.
