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Queens Head Tavern, Halifax

Halifax, HX2 8HG

Your investment

£13,500

Agreement Type

Tenancy
  • Loyal customer base
  • Fantastic location on a busy main road
  • “Hidden gem” garden

Halifax is a market town in West Yorkshire. A thriving town during the industrial revolution and steeped in history due to its woollen manufacture trade it is increasingly popular with locals and tourists visiting the area. The Queens Head Tavern is a very popular community pub located within a busy residential area with the population topping 10,000 people across all age ranges with local shops and amenities just a short walk away.  Just two miles outside Halifax on the busy A629 Mason Green Road access to and from the town centre are excellent.

Pub Layout

From the main road you can enter the main lobby area. Here, there are three seating areas located off the main servery bar, a snug area, lounge area and pool/darts room. The mixture of  fixed and loose seating throughout the open plan layout make this area warm, inviting and very sociable. Accessible through this room is the beer garden. Wooden benches and a partly covered section alongside the building provides this “hidden gem”  which overlooks neighbouring fields and provides panoramic views of the surrounding countryside. Externally to the front of the building is several more benches, alongside a small car park for approx. seven cars.  The standards in all areas have been kept very high by the current licensees.

The pub currently operates on wet only basis offering an array of drinks from value led led drinks up to premium largers, there is an opportunity to introduce a simple back bar handheld food. The local community provides a strong established day-to-day trade, with the opportunity to build on the existing offer throughout the week with entertainment built around the current offer of live sports being shown throughout the domestic season.

 

 

Private Accommodation

The private accommodation on the first floor is in good order and of a comfortable size. This comprises of three bedrooms, lounge, kitchen and bathroom.

Annual Rent: £31,500

Security Deposit: £7,000

Working Capital: £2,500

Stock: £4,000

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

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.

This is a great opportunity for a hands on operator who can run a very busy wet led pub where the provision of regular live sports and entertainment to drive customer trade and footfall is key. The pub needs to appeal to both males and females and welcome families at appropriate trading times utilising the big trading space and exploiting the potential of the sizable beer garden to ensure that the business is successful and at the heart of the local community the pub serves. I am looking for a very driven and hardworking individual or couple who have the passion, energy and enthusiasm to really embed themselves into the local community and who can put their own ideas into the business to deliver outstanding results. You must be competent and confident in marketing both inside and outside the pub, along with utilising the many social media platforms to retain the existing customer base while attracting new customers to the pub through delivering outstanding customer service. Developing a strong rhythm of the week is key and a plan of how to develop the full potential of the pub beer garden is essential. There is also the opportunity to deliver a small food offer either on a regular basis or to complement weekend pub activities especially in the Summer months utilising the beer garden as the pub has a small fully functional kitchen that is currently not in use.

 

 

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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