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Black Swan, Kirkbymoorside

Kirbymoorside, YO62 6AA

Your investment

£10,000

Agreement Type

Tenancy

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.

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.

Pub Layout

The pub is open-plan but splits itself into two sides around a central bar servery. There is a pool table and darts area on one side together with big screen TV for viewing sports events. To the rear, there is a good sized currently unused catering kitchen in need of investment.

The Black Swan is a traditional style locals pub at the heart of this small market town. Currently, the site trades as a wet led pub with a traditional community-style offer of sports and entertainment. There is, however, scope to develop the pub further with a currently unused catering kitchen. There is a planned investment for the trading areas of the pub to introduce the catering kitchen and meet the demand of the locals, visitors, and walkers to this beautiful village. This site would, therefore, suit a community-minded operator who can make the most of this site’s untapped potential.

Private Accommodation

The private accommodation consists of two bedrooms, a kitchen, and a bathroom.

 

Annual Rent: £14,000

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options 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.

You will need to be able to implement a homemade food offer, ideally using local suppliers, that supports the wet trade at the site and make the most of the newly refurbished kitchen. With an investment planned at the site, this offers an exciting opportunity to get in at the ground floor of the developments.

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)

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

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

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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