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Parkers, Hull

Hull, HU3 6NS

Your investment

£10,000

Agreement Type

Tenancy

Parkers is renowned as being the supporters pub for both Hull City Football Club and Hull Rugby FC fans, owing to its location – just a 2 minute walk from the KCOM stadium. On match days, the pub benefits from huge footfall and during the week the pub becomes a popular community venue. Located on a prominent corner position on Anlaby Road this is a busy area of Hull with plenty of shops, amenities and houses nearby, the pub is just two miles from the town centre.

Parkers is renowned as being the supporters pub for both Hull City Football Club and Hull Rugby FC fans, owing to its location – just a 2 minute walk from the KCOM stadium. On match days, the pub benefits from huge footfall and during the week the pub becomes a popular community venue. Located on a prominent corner position on Anlaby Road this is a busy area of Hull with plenty of shops, amenities and houses nearby, the pub is just two miles from the town centre.

Pub Layout

Parkers has two main trading areas with the large central bar serving both areas. The lounge is of a good size and has a mixture of fixed and loose seating, while the bar has loose furniture and a dedicated pool area. The decoration inside is very much aimed at the sports community with football scarves and memorabilia adorning the walls and ceilings. The layout inside is spacious allowing for large numbers on match days. Externally there is a good sized drinking terrace which looks out in the direction of the stadium and park. This also benefits from having its own licensed bar which is utilised on match days. The pub also has a car park with spaces for up to 30 cars.

Parkers is a wet led community pub, with the majority of its trade being sports related, it is bustling on match days and shows televised sports throughout the week. It is also home to a number of pool teams that play in local leagues which helps boost income throughout the week. There is no kitchen on site and as a result no food offer is currently in place, however there may be the opportunity to introduce a simple back bar food solution.

Private Accommodation

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

Annual Rent: £12,000

Security Deposit: £5,000

Working Capital: £2,000

Stock: £3,000

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 is in a premium location and needs to be the choice of venue for sporting fans to visit before and after football and rugby games. To achieve this the pub needs to be well marketed especially via social media and on sports fan forums. In addition its digital presence needs to be well promoted with an up to date website, google presence and regular social meeting posts via facebook and twitter. Away from the sporting events the pub should remain a popular community venue with regular activity to keep the locals interested. Given its location so close to the KCOM stadium, potential operators must have a passion for sport including football and rugby league. Experience in running a similar venue would be advantageous as applicants must have the right organisational skills to maximise sales before and after games and ensure customers are always kept in a safe environment. Away from match days the pub is a traditional community site that requires good marketing skills to attract business with regular events such as quiz nights, karaoke and the occasional live band.

The premises may qualify for Small Business Rates Relief in which case the non-domestic rating liability may be nil subject to the ratepayer occupying only one property for the purposes of business.

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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