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Malt Kiln Inn, Bradford

Bradford, BD2 4NG

Your investment

£15,000

Agreement Type

Tenancy

The Malt Kiln is an attractive detached stone built pub located in the Undercliffe area of Bradford, approximately a mile and a half from the centre of Bradford and is ideally placed within 20 minutes of the M62 and 40 minutes from Leeds. The pub is situated on a busy main road surrounded by a substantial amount of mixed housing. The Malt Kiln has had an internal refurbishment and remains in excellent order however there is an opportunity for investment externally and fitting of the kitchen as this is currently not in use.

The Malt Kiln is an attractive detached stone built pub located in the Undercliffe area of Bradford, approximately a mile and a half from the centre of Bradford and is ideally placed within 20 minutes of the M62 and 40 minutes from Leeds. The pub is situated on a busy main road surrounded by a substantial amount of mixed housing. The Malt Kiln has had an internal refurbishment and remains in excellent order however there is an opportunity for investment externally and fitting of the kitchen as this is currently not in use.

Pub Layout

Upon entering you are greeted with a central bar in front of you which is surrounded by an open plan horseshoe shape trading area consisting of a mixture of fixed and lose furniture. To the left hand side of the pub there is a games area with pool table and DJ booth and to the right is a lounge with a seating area for up to 50 people. The ladies and gents toilets are also located to the right hand side of the pub. There is an unused catering kitchen located behind the bar which will need upgrading with equipment. Externally, there is a large car park to the rear of the property with an outside drinking area to the front consisting of benches.

The Malt Kiln is a well-established community local pub and is supported by a core of loyal community drinkers.  The trade is currently wet led with a heavy focus on sports and a mixture of entertainment including discos and karaoke. The pub is also home to pool and darts teams. There is an unused catering kitchen which could be improved to produce a simple food offer which would generate an additional income.

Private Accommodation

The private accommodation consists of three bedrooms, separate kitchen, lounge and bathroom.

Annual Rent: £20,000

Security Deposit: £5,000

Working Capital: £5,000

Stock: £5,000

F&F: TBC (Funding options may be available for the right licensee)

Training: £325 plus VAT

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

Admiral Taverns are looking for applicants who are familiar with the area and will become part of the community. They will need to introduce a food offering with the support of Admiral Taverns and have a passion for cask ales.

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

 

 


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