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Railway Inn, Huddersfield

Huddersfield, HD1 6LJ

Your investment

£7,000

Agreement Type

Tenancy

This traditional Yorkshire stone pub is located on a corner site on the A641 Huddersfield to Bradford road.

This traditional Yorkshire stone pub is located on a corner site on the A641 Huddersfield to Bradford Road.

Pub Layout

The Railway trades from a central bar the serves the bar, lounge and pool area. Externally there is a smoking shelter and some picnic seating to the front of the site.

The Railway Inn is a popular local’s pub with a great reputation for sports viewing and the team games it is home to. There is no catering kitchen at the site although there is scope for a small hand-held food offer at the site to be developed.

Private Accommodation

The private accommodation consists of three bedrooms and a bathroom.

 

Annual Rent: £TBC

Security Deposit: £3,000

Working Capital: £2,000

Stock: £2,000

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: £325 plus VAT

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

The new operator will ideally have some local knowledge and be prepared to support the pub’s teams as well as ensuring the pub continues to be at the heart of the community.

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 – £28.01 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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