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Seabirds, Bridlington

Bridlington, YO16 7RX

Your investment

£9,000

Agreement Type

Tenancy

The Seabirds is a large detached traditional pub, located in the coastal area of Bridlington. This seaside family friendly pub is situated on the main road with nearby shops, less than two miles from the centre of Bridlington town centre. There is also North Beach around 0.7Km from the pub.  The Seabirds is located within easy walking distance of caravan sites and many B&B guest houses.

The Seabirds is a large detached traditional pub, located in the coastal area of Bridlington. This seaside family friendly pub is situated on the main road with nearby shops, less than two miles from the centre of Bridlington town centre. There is also North Beach around 0.7Km from the pub.  The Seabirds is located within easy walking distance of caravan sites and many B&B guest houses.

Pub Layout

The trading is split into two rooms by a central round bar serving both rooms. The front room on entering the building has the pool table with darts station and seating for around 30 guests. To the rear of the property sits the largest room and has tables and seating for up to 70.

There is a large commercial catering kitchen, storage space and basement level beer cellar and good sized toilets.

Externally there is a large carpark for 18+ cars, a decked drinking area to the rear of the building with grass area as well along with several benches to the front of the building.

 

Trading Style

This pub is seasonal trade and trends need to be considered with all offers of food and entertainment.  There is also the opportunity during peak holiday seasons to develop and offer a daily carvery to accommodate the tourists who visit Bridlington.

The Seabirds is located within easy walking distance of caravan sites and many B&B guest houses.

Private Accommodation

The private accommodation is in good order having been newly decorated and consists of Three Bedrooms, a kitchen, lounge and bathroom.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £2,000

Stock: £2,000

Fixtures and Fittings: 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 pub with plenty of scope to take advantage of being one of only few pubs in the immediate area. Engagement with the local community is key as well as promoting sports both playing an watching. An experienced licensee would be beneficial due to the location, and we will look at an external decoration for a longer term agreement.

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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