under offer
under offer
tenancy
Chapel Lane, Clifford, Wetherby LS23 6HU, UK
Approx. Total Ingoings
£14,000Annual Rent
£24,000The Albion is situated in the pretty village of Clifford, located just two miles from the market town of Wetherby. It is a traditional community pub which predominantly serves the affluent locals however due to its large car park and good transport links it has the potential to draw trade from further afield by developing a good quality food offer. The pub currently offers two trading areas; a tap room and a lounge area with the addition of pub games on offer for guests. Stonegate Pub Partners are now seeking an enthusiastic and determined publican who can make the most of the pubs facilities and establish themselves within the community.
Private Accommodation: The accommodation is in good condition with three bedrooms, a lounge and kitchen.
Indoor trading area
The trading area is made up of two separate spaces, a lounge and a tap room. Both are pleasantly decorated with large windows that allow plenty of light into the pub and provide views of the surrounding countryside. The traditionally decorated lounge area is the designated dining space which has a total of 30 covers, including the additional seating available for drinkers alongside the bar servery. This area sits to the rear of the building with French doors leading out to the car park. To the front of the pub is the rectangular tap room, which is decorated in a more modern style with an attractive fireplace, a pool table and darts board. The pub has a small but well-equipped trade kitchen that is capable of producing a good quality pub menu.
Outdoor trading area
At the front of the pub there is a small enclosed area with several picnic benches. A car park is located to the rear with space for up to 20 vehicles.
Regional Manager Comments
The current clientele consists mainly of locals but there is plenty of potential to attract custom from nearby towns by developing a great food offer. The Albion is one of three pubs in the area and the one with the most potential for food due to its well-equipped kitchen and large car park. The new publican needs to be capable of developing the food side of the business in order to maximise the potential of this village pub.
Retail Partnership Tenancy
Private Accommodation Kitchen Parking
Approx. Total Ingoings
£14,000
Annual Rent
£24,000
Potential Turnover: £316,000 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: £24,000 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: £14,000 (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: £6,000 (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.
