- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- The Square, Thornton Le Dale, YO18 7LF
- Salary
- To be discussed
- Ref
- 1409940684
- Starts
- Closes
Pub Overview
The New Inn is located in the picturesque village of Thornton-le-Dale, close to Pickering and Dalby Forest. The pub is surrounded by shops, food and retail outlets and mixed housing. The pub benefits from being one of 4 pubs found in an area of around 2,000 adults. The customer base is made up of discerning locals and tourists / day trippers to the region.
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in maintaining a strong food & drinksoffer. The pub has a strong wet trade with a large cask following, primarily from Theakston Brewery. It also has a well-established food trade, mainly offering home cooked, quality food at a price that encourages repeat custom.
The future operator will need to fully integrate 3 rd party accommodation suppliers with their own website listings and repeat customers booking directly. Website and social media marketing is crucial in making this site more of a success. The right operator will also have the opportunity to develop a rhythm of the week.
CLICK HERE for a virtual walkthrough of the New Inn!
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 pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy 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 pub's next chapter…
Features
Trading Area & Facilities
Private Accommodation
Private accommodation consists of 1 bedroom, a living room, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Annual Rent £
62,495
Estimated Annual Turnover £
885,894
Deposit £
15,623
Estimated Fixtures & Fittings Value £
26,810
Estimated Stock Valuation £
12,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
57,933
Estimated Minimum Ingoing Costs £
20,707
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 New Inn is located in the picturesque village of Thornton-le-Dale, close to Pickering and Dalby Forest. The pub is surrounded by shops, food and retail outlets and mixed housing. The pub benefits from being one of 4 pubs found in an area of around 2,000 adults. The customer base is made up of discerning locals and tourists / day trippers to the region.
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in maintaining a strong food & drinksoffer. The pub has a strong wet trade with a large cask following, primarily from Theakston Brewery. It also has a well-established food trade, mainly offering home cooked, quality food at a price that encourages repeat custom.
The future operator will need to fully integrate 3 rd party accommodation suppliers with their own website listings and repeat customers booking directly. Website and social media marketing is crucial in making this site more of a success. The right operator will also have the opportunity to develop a rhythm of the week.
CLICK HERE for a virtual walkthrough of the New Inn!
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 pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy 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 pub's next chapter…
Features
- Foundation Tenancy
- Letting Rooms
- Outdoor Trade
- Private Accommodation
- Catering Kitchen
- Cask Ale
Trading Area & Facilities
- Main trading area with bar
- Medium sized commercial kitchen with additional storage facilities.
- 6 letting rooms and 2 self-contained Cottages to let
- Car park with 15 spaces / reasonably priced pay and display car park 300 metres from pub
Private Accommodation
Private accommodation consists of 1 bedroom, a living room, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Annual Rent £
62,495
Estimated Annual Turnover £
885,894
Deposit £
15,623
Estimated Fixtures & Fittings Value £
26,810
Estimated Stock Valuation £
12,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
57,933
Estimated Minimum Ingoing Costs £
20,707
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.
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