Run a Star Pub - Pear Tree Inn Norwood Green - Halifax

Pub Overview

The Pear Tree Inn is a cosy attractive pub that is situated in the affluent village of Norwood Green – nestled in a rural enclave between the larger urban areas of Halifax and Bradford.

Fantastic opportunity to take over a cosy attractive pub that is situated in the affluent village of Norwood Green.

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

The area

The Pear Tree Inn Norwood Green is a cosy attractive pub that is situated in the affluent village of Norwood Green – nestled in a rural enclave between the larger urban areas of Halifax and Bradford. It is located on the fringes of Wyke, Lightcliffe, Hipperholme and Scholes – close to Judy Woods which is a well frequented walking location for families and dogs.

Demographics

The pub benefits from being one of 2 pubs found in an area of around 691 adults within a 10-minute walk time. The Pear Tree Inn customer base is made up of a mixed aged group, mostly midlife and retired adults..

The offer

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

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
• You know what it takes to build a successful business
• You love hospitality and are great with 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
• Cask Ale
• Catering Kitchen
• Outdoor Trade
• Car Park
• Private Accommodation

Trading Area & Facilities

Trading areas and facilities

• Main trading area with bar
• 40 internal covers
• 60 external covers
• Catering kitchen
• Beer garden

Private Accommodation

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

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£16,887

Estimated Minimum Ingoing Costs

£8,587

Annual Rent

£19,049

Estimated Annual Turnover

£315,825

Deposit

£4,762

Estimated Fixtures & Fittings Value

£5,125

Estimated Stock Valuation

£3,500

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