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Run a star pub - white swan otley - otley

Otley
Star Pubs Leased & Tenancy
€25,600 a year
Posted: 15 November
Offer description

Pub Overview

Fantastic opportunity to take over a community focused pub. What would you do with this pub to make it a success?

The area

The White Swan is located in the historic market town of Otley, not far from Leeds. The pub is positioned near the centre of Otley on the Boroughgate, a main thoroughfare through the town, alongside other local businesses and town centre residences. Otley holds regular markets and is very close to the Otley Chevin Forest Park and the Yorkshire Dales National Park, making it popular with walkers and tourists.

Demographics

The pub benefits from being one of 18 pubs found in an area of around 4,018 adults within a 10-minute walk time. The White Swan Otley customer base is made up of midlife and mature and young adults.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through food & drink offer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via darts, live sports and pub games machines. It offers a selection of cask ales, coffees, and popular beers, ciders, wines and spirits.

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 high street hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.

Features

* Foundation Tenancy
* Pub Games
* Catering Kitchen
* Cask Ale
* Outdoor Trade
* Car Park
* Private Accommodation

Trading Area & Facilities

Trading areas and facilities

* Main trading area with bar
* 44 internal covers
* Full electric kitchen
* Patioed garden with covered seating area
* Car park with 6 spaces
* Darts area

Private Accommodation

Private accommodation consists of 2 bedrooms, kitchen, bathroom, a living room, office and reception room.

Pub Financials

Estimated Total Ingoing Costs: £48,805

Estimated Minimum Ingoing Costs: £10,601

Annual Rent: £25,221

Estimated Annual Turnover: £366,035

Deposit: £6,305

Estimated Fixtures & Fittings Value: £34,000

Estimated Stock Valuation: £5,000

Estimated Working Capital: £3,500

Note: 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.

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