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Run a star pub - spotted ox tockwith - york

York (North Yorkshire)
Star Pubs Leased & Tenancy
Posted: 11 August
Offer description

Pub Overview

What would you do with this pub to make it even more of a success?

The area

Nestled in the heart of the beautiful North Yorkshire village of Tockwith, The Spotted Ox stands as a cherished part of the local landscape - a place where stories are shared over a pint, and visitors feel like locals the moment they walk through the door.

Demographics

The pub benefits from being the pub in an area of around 1,299 adults within a 10-minute walk time. The Spotted Ox customer base is made up of mature and midlife adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via a selection of popular beers, ciders, wines and spirits, a pub classic menu, and coffees.

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, 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
* Catering Kitchen
* Cask Ale
* Outdoor Trade
* Private Accommodation


Trading Area & Facilities

* Main trading area with bar
* 63 internal covers
* 84 external covers
* Catering kitchen
* SmartDispense
* Garden with outdoor seating at the rear, side, and front of the site.
* Plenty of on-street parking


Private Accommodation

Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£42,602

Estimated Minimum Ingoing Costs

£11,534

Annual Rent

£36,409

Estimated Annual Turnover

£511,510

Deposit

£9,102

Estimated Fixtures & Fittings Value

£25,000

Estimated Stock Valuation

£5,000

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 arrow
* Energy Performance Certificate Download arrow
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