Pub Overview
The Pear Tree Inn is a cosy attractive pub situated in the affluent village of Norwood Green - nestled in a rural enclave between the larger urban areas of Halifax and Bradford.
The area
The Pear Tree Inn Norwood Green is located on the fringes of Wyke, Lightcliffe, Hipperholme, and Scholes - close to Judy Woods, 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 walking distance. The Pear Tree Inn customer base consists of a mixed-age group, mostly midlife and retired adults.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a well-thought-out food & drink 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?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
* Understanding of the local community
* Knowledge of what it takes to build a successful business
* A passion for hospitality and great customer service
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, and bathroom.
Pub Financials
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 fees, premises license fees, F&F valuation fees & till floats. Additional ongoing charges will apply during the term of the agreement, such as property maintenance, repairs fund, and 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. Note that on FRI and Investment Tenancy Agreements, deposits will always be 3 months' rent in advance, and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' rent will be required for operators trading under a Limited Company with no Guarantors. To ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.
Downloads
* Demographics Report Download
* Energy Performance Certificate Download
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