- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- Main Street, Aberford, Leeds, LS25 3AA
- Salary
- To be discussed
- Ref
- 426699844
- Starts
- Closes
Pub Overview
The area
The Arabian Horse is located in the village of Aberford. The village is rich in history, and the Arabian Horse is no exception. This 18 th century pub is only pub in the UK with its name, dating back to the 1800s, where a stranded heard of Arabian horses nearby drew in tourists from miles around!
The Demographics
The pub benefits the only pub found in an area of around 842 adults. The varied customer base is made up of retirees enjoying village life, affluent married couples, and high-achieving families.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in restoring this pub and bringing it back to being the heart of the village.
The site currently has the ability to drive trade through its cask ales, and there is a huge opportunity to develop a food offer with the compact kitchen.
The pub also comes with a "village shop" where there is much demand for local goods and services.
We're always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
Features
Trading Area & Facilities
Private Accommodation
Private accommodation consists of 3 bedrooms, bathroom, living room and kitchen, with private rear terrace.
Pub Financials
Annual Rent £
28,034
Estimated Annual Turnover £
347,442
Deposit £
7,008
Estimated Fixtures & Fittings Value £
5,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
20,508
Estimated Minimum Ingoing Costs £
10,836
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 area
The Arabian Horse is located in the village of Aberford. The village is rich in history, and the Arabian Horse is no exception. This 18 th century pub is only pub in the UK with its name, dating back to the 1800s, where a stranded heard of Arabian horses nearby drew in tourists from miles around!
The Demographics
The pub benefits the only pub found in an area of around 842 adults. The varied customer base is made up of retirees enjoying village life, affluent married couples, and high-achieving families.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in restoring this pub and bringing it back to being the heart of the village.
The site currently has the ability to drive trade through its cask ales, and there is a huge opportunity to develop a food offer with the compact kitchen.
The pub also comes with a "village shop" where there is much demand for local goods and services.
We're always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
- Understanding of the local community, and the history of the village as this key to the pub's success
- You know what it takes to build a successful business
- You love hospitality and are great with customers
Features
- Catering Kitchen
- Foundation Tenancy
- Car Park
- Cask Ale
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities
- Main trading area with bar
- Separate room
- 100 internal covers
- 40 external covers
- Compact catering kitchen
- SmartDispense
- Beer garden
- Car Park with 8-10 spaces (not lined)
Private Accommodation
Private accommodation consists of 3 bedrooms, bathroom, living room and kitchen, with private rear terrace.
Pub Financials
Annual Rent £
28,034
Estimated Annual Turnover £
347,442
Deposit £
7,008
Estimated Fixtures & Fittings Value £
5,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
20,508
Estimated Minimum Ingoing Costs £
10,836
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.
Similar searches: Pubs and Bars, Leeds