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Saddle Inn, Fulford

Fulford, YO10 4PJ

Your investment

£10,000

Agreement Type

Tenancy

The Saddle is a traditional pub situated in a lovely village in Fulford with bags of character in a prime location. The pub is on the main road of Fulford approximately ½ a mile from York city centre and 1 mile from York designer outlet and York racecourse.

The Saddle is a traditional pub situated in a lovely village in Fulford with bags of character in a prime location. The pub is on the main road of Fulford approximately ½ a mile from York city centre and 1 mile from York designer outlet and York racecourse. With the site being situated on the main road through Fulford it is on the bus route into the city centre, so public transport is great from the pub. The Saddle also benefits from a large beer garden to the rear as well as car parking for up to 8 vehicles. The Saddle is an excellent site which is rarely seen up for tenancy given the location.

The Saddle is a traditional pub with a 70/30 wet led split. The pub also benefits from five letting rooms three of which have ensuites. Currently, the pub has a dart board with teams in place as well as a Petanque course at the bottom of the beer garden.

Private Accommodation

The private accommodation consists of two bedrooms, bathroom, office but has no private kitchen.

 

Annual Rent: £10,000

Security Deposit: £5,000

Working Capital: £6,000

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.

 

We are looking for an experienced operator. The food offer ideally needs to be homemade traditional pub food to stand it out from the competition. Strong marketing and social media experience would also be advantageous.

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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