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YOUR INVESTMENT

£4,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsLive MusicSports TeamsCar ParkBeer Garden
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Dart

Hull, HU8 9LX

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OR CALL 01244 321 171 FOR MORE DETAILS

The Dart is a community pub conveniently located on the Longhill housing estate. It is close to Holderness Road which is one of the main roads into Hull. The pub is close to various amenities such as takeaways, convenience stores, a post office and pharmacy along with good bus routes to and from Hull. The demographics are made up of blue and white collar workers, young families and retirees.

Pub Layout

The Dart has two main trading rooms both independently accessed from entrances at the front of the property. The main drinking bar is on the left hand side of the property. This room consists of a single bar servery, good sized seating area and large independent games area, this space leads out to an enclosed beer garden. The fixtures and fittings are in reasonable condition and there is a mixture of fixed and loose seating. The second trading area, the lounge, is on the right of the property, both serveries are linked by the bar. The lounge is split level with a small raised section to the side of the bar and there is also a small stage. The area has plenty of seating and standing room. Externally the pub benefits from a patio at the front, a car park with about ten spaces and a grassed garden area (in addition to the beer garden off the games room.)

The Dart is very much a drinks led pub with the majority of its trade driven from local loyal custom throughout the week. The pub has mid-week darts teams along with weekend football and rugby teams. It also has regular themed nights and entertainment evenings throughout the year. There is a healthy mid-week trade that comes mainly from retired regulars or shift-workers. The weekend trade comes from a mixed clientele depending on entertainment on offer or what teams are playing. There is currently no food offer in place, so there is potential to introduce a simple snacks/paninis menu from a small back bar space.

Private Accommodation

The domestic accommodation is located on the first floor and consists of three double bedrooms, lounge, kitchen, bathroom and separate toilet. The accommodation is of good family size and is in reasonable condition.

Annual Rent: £11,500

Security Deposit: £1,000

Working Capital: £1,500

Stock: £1,500

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: £250 plus VAT

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

The Dart should be the hub of the community offering; live entertainment, pub sports and a welcoming atmosphere. This would be an ideal starter pub for someone looking to enter the industry or an experienced operator of community pubs with the right skill set and drive to restore the Dart as the heart of the community.

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.

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