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Horse & Groom, Doncaster

Doncaster, DN1 1JG

Your investment

£9,000

Agreement Type

Tenancy

The Horse and Groom is a good sized pub located on a corner plot in a prominent position in the centre of Doncaster. Its situated close to the newly refurbished wool market and is a very popular area for people to visit with numerous bars, restaurants and some independent retailers. Doncaster lies in South Yorkshire with good links to the M18 and A1(M), and close to Sheffield and Leeds. Doncaster train station is a five minute walk from the pub.

The Horse and Groom is a good sized pub located on a corner plot in a prominent position in the centre of Doncaster. It’s situated close to the newly refurbished wool market and is a very popular area for people to visit with numerous bars, restaurants and some independent retailers. Doncaster lies in South Yorkshire with good links to the M18 and A1(M), and close to Sheffield and Leeds. Doncaster train station is a five minute walk from the pub.

Pub Layout

The Horse and Groom has traditionally traded as a music venue but has the potential to enhance its offer with the right operator. On entering the pub you walk into a large open plan trading area with a horseshoe shaped bar facing you. To the right hand side of the entrance is a lounge area with a Yorkshire stone floor and open fire place. Just to the right of the bar is a pool area that leads out to a small rear terrace with a smoking shelter. To the left hand side there is a raised seating area that overlooks the stage which is located to far left hand side of the pub. In between the stage and the bar on the back wall are the entrances to the toilets plus a decent sized kitchen. This is not currently used and would need some investment but here lies a great opportunity for the right operator with the necessary catering skills.

The pub has a great reputation for its live music and is predominantly drinks focused, however with some small works there is an opportunity to develop the offer with a combination of food and live entertainment. A very loyal customer base continues with a rhythm of the week with the variety of entertainment drawing audiences in the town centre and to the Horse & Groom.

Private Accommodation

This consists of a large flat on the first floor of the building. The flat has four large bedrooms, kitchen, living room and a separate bathroom. There is also sufficient space for private parking to the rear of the premises.

Annual Rent: £18,500

Security Deposit: £5,000

Working Capital: £2,000

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: £250 plus VAT

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

The pub has a great reputation for its live music and the size of the pub certainly helps to cater for this kind of activity. Applicants should be enthusiastic about hosting live music but ideally we are seeking the right operators who are able to maximise the full opportunity this venue offers. With some investment in the kitchen the pub could appeal to a wider audience by introducing a modern food offer such as a grill bar for example. The space is ideal for a combination of food and live entertainment such as jazz or tribute acts as well as appealing to day time shoppers throughout the week. Admiral are looking to complete a refurbishment with external re-decoration and signage to create a more appeasing curb appeal.

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 – £30.10 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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