Pub Overview
Full refurbishment to quality country pub with rooms
The Area
The pub benefits from being one of two pubs found in an area of around 948 adults within a 20-minute walk. The customer base is made up of a small, wealthy local population alongside a large and increasing number of tourists staying in and visiting the village. Very close to Grassington and on one of the main roads in, with walkers and cyclists passing regularly.
The Offer
The Old Hall is available on our investment tenancy agreement. Click here for more information on this agreement.
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 Old Hall will have extensive experience in hospitality businesses. They will have a clear vision for their food, drink and service 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
* Investment Tenancy
* Refurbishment Planned
* Letting Room
* Outdoor Trade
* Car Park
* Catering Kitchen
Trading Area & Facilities
The Old Hall will be undergoing a refurbishment which will cover the entire ground floor of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading area and facilities post refurbishment will be:
* Main trading area with bar
* 94 internal covers
* 62 external covers
* Catering kitchen
* HEINEKEN Smart Dispense
* 7 letting rooms
* Beer garden
* Car park with 5 spaces
Private Accommodation
To be confirmed, this information will be available soon.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£64,072
Estimated Minimum Ingoing Costs
£64,072
Annual Rent
£74,291
Estimated Annual Turnover
£759,031
Deposit
£18,572
Estimated Fixtures & Fittings Value
£35,000
Estimated Stock Valuation
£7,000
Estimated Working Capital
£3,500
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.
Downloads
* Demographics Report Download
* Refurbishment Details Download
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