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Horse & Groom, Milnesbridge

Huddersfield, HD4 5SZ

Your investment

£9,000

Agreement Type

Tenancy
  • Well Supported Community Local
  • Opportunity To Build On Pub Sports Teams
  • Great Main Road Location

The Horse & Groom is a double-fronted detached stone built pub, situated on the main A62 Manchester Road in Milnesbridge. Just 2 miles west of Huddersfield, the pub is located on a busy crossroads with a large number of houses and local businesses within close proximity. Local public transport links are excellent, and passing footfall is increased in the warmer months with walkers and cyclists from the nearby River Colne.

Pub Layout

The trading area is divided into a two-room layout, with a bar to service each area and a traditional feel throughout. The main snug bar features a range of fixed and loose furniture, with a dedicated games room housing a pool table and darts oche. Externally to the front of the pub there is a small roadside seating area.

The Horse & Groom is a traditional community pub which is well supported by the residents of the surrounding area. The regular weekday trade includes established pub sports teams, and could be further developed with the introduction of a quiz night or similar entertainment. Weekends feature regular karaoke and entertainment events, which are popular with the local community.

Private Accommodation

The private accommodation is on the first floor, is in good order and consists of three bedrooms, living room, kitchen and bathroom.

 

Annual Rent: £12,800

Security Deposit: £5,000

Working Capital: £1,500

Stock: £2,500

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: £325 plus VAT

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

This site would suit a first time publican or experienced multiple operator. The right applicant should have a real passion for community pubs and the commitment to deliver exceptional service and standards. Embracing the local community is a must in making this the “go to” pub in the area.

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.


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