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Minsthorpe Hotel

Pontefract, WF9 2NY

Your investment

£13,000

Agreement Type

Tenancy

The Minsthorpe is a large detached pub situated within its own grounds surrounded by a diverse local community. Pontefract is a historical market town in the Borough of Wakefield, West Yorkshire and still hosts regular market days throughout the week. Pontefract boasts good transport links to the A1 and M62. The Minsthorpe Hotel is a traditional pub with a focus on sports.

The Minsthorpe is a large detached pub situated within its own grounds surrounded by a diverse local community. Pontefract is a historical market town in the Borough of Wakefield, West Yorkshire and still hosts regular market days throughout the week. Pontefract boasts good transport links to the A1 and M62. The Minsthorpe Hotel is a traditional pub with a focus on sports.

Pub Layout

The pub is serviced by a central bar servery and has three distinctive trade areas, the snug, which features an open fire offering a cosy friendly atmosphere and a function room which could easily lend itself to a enclosed sports games room and cater for functions such as birthdays, christenings and general activities. The main bar area is currently home to a darts board and has a relaxed casual environment where people can enjoy televised sports. Fixtures and fittings are made up of a mixture of loose and fixed seating and would require some upgrading. Externally there is a spacious lawned beer garden which can be utilised for outdoor functions in the summer months and has potential that needs unlocking to develop the offer further. The car park caters for several vehicles, however the majority of the clientele are within a short walking distance of  the pub.

The pub is very much sports focused supported by its local community and has developed its current offer around this. However the new licensee may wish to diverse on this to create a new offer, incorporating a simple bar snack menu such as pizza and pies to offer additional income into the business. The pub also lends itself to accommodating live music such as open mic nights and karaoke. You may wish to develop a rhythm of the week to include; a quiz night and bingo to ensure the pub is bustling every night of the week. The current drinks offer is value led, however there is scope to premiumise the offer including the launch of cask ales.

Private Accommodation

The private accommodation consists of a Four bedrooms, family bathroom, living room and domestic kitchen.

Annual Rent: £17,500

Security Deposit: £5,000

Working Capital: £3000

Stock: £5000

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.

Admiral are looking for someone who will embed themselves into the local community, who enjoys and wants to be involved with pub teams, Darts, Pool and Cards as well as Live sports.  The site has a large football following and plays a major part of the pubs business and needs to be maintained.

We would also like to encourage new lessees to build on functions and events and utilise the beer garden and function room facilities.

Good clean standards with attention to customer service and retail operations is a must.

  • 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.

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 – 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 – £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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