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Tap & Barrel, Pontefract

Pontefract, WF8 1DA

Your investment

£6,000

Agreement Type

Tenancy

The Tap & Barrel is situated in Pontefract town centre, West Yorkshire, which has a population of 28k. It is situated within walking distance of the racecourse.

The Tap & Barrel is situated in Pontefract town centre, West Yorkshire, which has a population of 28k. It is situated within walking distance of the racecourse. The pub was fully refurbished in 2016 and still looks great.

Pub Layout

Internally there is a single bar, duel room operation with seating for circa 50 covers and three log burners and a fully equipped trade kitchen. Externally is there a small yard for smoking and drinking.

Whilst it is in the town centre it is at arm’s length from the town’s traditional ‘value’ circuit’ and should trade at a higher level. The pub company are looking for an experienced operator that’s fantastic at marketing.

Private Accommodation

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

 

Annual Rent: £28,000

Security Deposit: £2,000

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.

This is a high street pub that should trade with a focus on sharing food, pizza’s etc and focus on craft drinks and entertainment.

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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