under offer
under offer
tenancy
Wagon Lane, Bingley, West Yorkshire BD16 1TS, UK
Approx. Total Ingoings
£10,750Annual Rent
£25,000The Fisherman Inn is a detached pub that sits on the Leeds and Liverpool canal, on the edge of the market town of Bingley. This well-established pub is popular amongst locals, walkers, cyclists, and narrow boat owners, providing food and drink which makes use of local produce. Internally the pub is presented to a good standard, accommodating 40 covers in the open plan lounge and dining area. The trade kitchen is of a restaurant standard and capable of producing a quality menu which the pub is known for. The two terraces at the back of the pub are a bonus, overlooking the canal and surrounding countryside and could provide a further 30 covers in warmer months. A good size car park is available across the road from the pub and has space for 20 vehicles. We are seeking an experienced publican with the catering skills and cask ale knowledge required to develop this fantastic pub business.
Private Accommodation: The private accommodation is in good condition and large enough for a family, comprising three bedrooms, a lounge, office, bathroom and kitchen-diner.
Indoor trading area
The pub is in good condition throughout and ready to trade. The attractive, open plan lounge and dining area is served by a central bar and boasts a welcoming log burner. Loose furniture complements the ‘shabby chic’ style of the pub and can accommodate up to 40 covers. The trade kitchen is well-equipped and of restaurant quality with separate preparation areas and a dumb waiter to serve the trading area.
Outdoor trading area
At the rear of the pub are two terraces on separate levels, which can seat up to 30 customers and boast views over the surrounding countryside and waterway. The pub car park is accessed from across the road and has space for 20 vehicles.
Regional Manager Comments
The Fisherman Inn is a family friendly pub, known for its home cooked menu using local produce. The pub should appeal to an experienced publican with catering knowledge, who can develop the offer and attract trade from the local area, as well as tourists and walkers who visit on a regular basis. In addition to catering skills, the new publican will need to have a strong knowledge of cask ale to build on this side of the pub business.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking
Approx. Total Ingoings
£10,750
Annual Rent
£25,000
Potential Turnover: £407,000 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: £25,000 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: £10,750 (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: £14,000 (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.
