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Olde Bridge Inn, Barnsley

Monk Bretton, S71 5RP

Your investment

£11,000

Agreement Type

Tenancy
  • Premium focus on the wet offer
  • Large beer garden and local customer circuit
  • Traditional pub with sports teams

Monk Bretton is an urban area to the North of Barnsley town centre.  It has its own social circle with a number of hospitality venues. The area is a well populated with a mix of housing types from traditional 70s semis to new build flats, semis & detached. The village is served by several pubs, shops, a post office, library and various other local amenities, and is a 10-minute car journey from Barnsley town centre. A Stagecoach bus service connects the village with Barnsley Interchange.

Pub Layout

The Olde Bridge Inn is a traditional stone built pub with tiled apex roof. There are two trading areas – the main lounge with comfortable mixed seating, traditional fireplace with log burner and large bar servery. The second area is currently designated for pub sports/games, mixed height furniture, pool table, darts throw and its own small servery. Just off the lounge bar is a kitchen area currently used for light snacks but with a little work would be a fully working kitchen. To the front is a decking area created in the Summer 2022 which has both an open area and a covered section.  At the rear is a flat 1/3rd of an acre grassed outside space. Adjacent to the front of the pub is a small carpark with room for 10 cars.

The Olde Bridge Inn currently trades as a mainly wet led pub with a small snack food offer. There are pool and darts teams and the pub provides some live artistes and karaoke at weekends/bank holidays

Private Accommodation

The first floor accommodation comprises of: Living room, two bedrooms and a large bathroom.

Annual Rent: £18,000

Security Deposit: £5,000

Working Capital: £3,000

Stock: £3,000

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be 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.

Ideally suited for couple or individual with experience of a traditional community venue and with a keen interest in local communities, family activities and pub team sports. Must be able to market using social & in pub media to generate interest & repeat business. This site offers the perfect blend of comfortable family wet led environment and traditional pub activities such as pub team sports, live entertainment, quizzes etc.

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.  Please note, this only applies to pubs marked with an Asterix *


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