Run a Star Pub - White Bull Gisburn - Gisburn

Star Pubs Leased & Tenancy; Clitheroe; On-site; GBP 46,000 - 80,000; Full time

Job description

Pub Overview

The White Bull is to get a full external refresh that will elevate the pubs kerb appeal and make it stand out in the community - image included in photo carousel

Traditional Lancashire Country Inn

The White Bull is an 18th century coaching inn and grade 2 listed building situated in the tranquil village of Gisburn. Historically within the West Riding of Yorkshire, it lies 8 miles northeast of Clitheroe and 11 miles west of Skipton.

The White Bull prides itself on providing quality, locally sourced food to a very high standard accompanied by a wide selection of wines and spirits from around the world. It requires a dedicated operator to ensure this legacy that has been built up over the last 50 years is continued through the heart and soul of every pint poured and meal served.

Available on our Investment Tenancy agreement. The potential of this pub lies in maintaining a quality food & drinks offer whilst driving letting room revenue by marketing well. The incoming operator should also be capitalising on the large function room by hosting events both private and public.

Hospitality Experts Wanted!

If you’ve benefited from running or owning a hospitality business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, event planning 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

1. Investment Tenancy
2. Private Accommodation
3. Catering Kitchen
4. Function Room
5. Letting Rooms
6. Cask Ale
7. Outdoor Trade

Trading Area & Facilities

1. Main trading area with bar
2. Separate dining room
3. 67 internal covers
4. Fully equipped kitchen
5. Function room
6. SmartDispense
7. 8 letting rooms
8. Private garden area
9. Car park

Private Accommodation

Private accommodation consists of 3 bedrooms, kitchen, bathroom, living room & office.

Pub Financials

Estimated Total Ingoing Costs: £47,450

Estimated Minimum Ingoing Costs: £47,450

Annual Rent: £46,458

Estimated Annual Turnover: £737,839

Deposit: £11,615

Estimated Fixtures & Fittings Value: £24,335

Estimated Stock Valuation: £8,000

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

1. Demographics Report Download arrow
2. Energy Performance Certificate Download arrow