Run a Star Pub - Malt Shovel Bingley - Bingley

Pub Overview

Rural character pub in village setting

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

The Area:

The Malt Shovel Bingley is located in the village of Harden, close to Bingley. The pub is surrounded by rural housing.

Demographics:

The pub benefits from being the only pub found in an area of around 700 adults within a 10-minute walk time. The Malt Shovel customer base is made up of midlife and mature 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 & drinks offer. 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?

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 entertainment offer 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
• Outdoor Trade
• Cask Ale
• Car Park
• Private Accommodation

Trading Area & Facilities

• Main trading area with bar
• Separate dining room
• 70 internal covers
• 130 external covers
• Large kitchen
• HEINEKEN SmartDispense
• Large garden

Private Accommodation

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

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£46,643

Estimated Minimum Ingoing Costs

£12,547

Annual Rent

£36,573

Estimated Annual Turnover

£579,623

Deposit

£9,143

Estimated Fixtures & Fittings Value

£28,000

Estimated Stock Valuation

£6,000

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