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Black Swan, Kirkbymoorside

Kirbymoorside, YO62 6AA

Your investment

£9,000

Agreement Type

Tenancy
  • Prime location
  • Scope To Develop Great Food Offer
  • Zero Business Rates*

The Black Swan is situated just south of the North York Moors National Park on the A170 midway between Helmsley and Pickering the town of Kirkbymoorside is in a beautiful location, being so near to the stunning scenery of the moorlands. The Black Swan sits at the edge of the main through road amongst the local amenities. Kirkbymoorside is a charming market town and civil parish nestled in North Yorkshire, England. It lies approximately 25 miles north of York and is conveniently situated between the towns of Pickering and Helmsley. Perched on the edge of the North York Moors National Park, this picturesque town boasts a rich history and a population of 3,040 as of the 2011 census.

Pub Layout

As you walk into the Black Swan the division into two trading areas provides different atmospheres for people to enjoy. To the left of the main front door is a lounge bar/dining area and to the right a bar room with pool table, open fire and TV. Having easy access to the catering kitchen and prep area ensures efficient service, and the outdoor seating area is a great addition for customers to enjoy during nice weather.

The Black Swan is a traditional style locals pub at the heart of this small market town. The planned investment for the trading areas of the pub will upgrade the catering kitchen and meet the demand of the locals and visitors to this beautiful village. We are anticipating an approximate 70:30 wet/dry trading split, with a strong mid-market food and drink offer alongside pub games, live sports coverage and a regular entertainment programme.

Private Accommodation

There is no private accommodation with this site.

Annual Rent: £10,400

Security Deposit: £3,000

Working Capital: £3,000

Stock: £3,000

Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be available for the right licensee.

Tie:  All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

We are looking to work with an experienced operator, who will need to be able to implement a homemade food offer working alongside local suppliers to support the wet trade at the site and make the most of the kitchen. We are anticipating an approximate 70:30 wet/dry trading split, with a strong mid-market food and drink offer.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


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