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Travellers Rest, Brockholes

Holmfirth, HD9 7AZ

Your investment

£13,000

Agreement Type

Tenancy
  • Scope to bring the pub back to life
  • Fantastic opportunity to improve the food offering
  • Strong established community local

The pub is currently closed.  We are actively seeking a passionate individual or team to take the reins and breathe new life into this pub. Alongside a strong support system, Admiral Taverns will be offering an excellent financial package to assist with re-opening this pub.

The Travellers Rest is a pub located in Brockholes, a village in the Holme Valley area of West Yorkshire, England. Brockholes is a small village with a population that includes a mix of families, professionals, and retirees. The area tends to attract those looking for a quieter, more rural lifestyle while still being within commuting distance of larger towns and cities. This area is famous for its beautiful countryside, including hills, woodlands, and rivers. It’s popular for hiking, cycling, and other outdoor activities. Holmfirth, a nearby town, is known for its vibrant arts scene and is a cultural hub within the valley. Brockholes is conveniently located near the A616 making it accessible to nearby towns like Huddersfield. The village has its own railway station, which provides easy connections to the wider region.

Pub Layout

The pub is known for its traditional pub atmosphere, offering a cosy and welcoming environment that immediately makes you feel at home. As you step through the front door, you are greeted by the main bar area, which exudes rustic charm with its wooden furnishings and a real open fire to your right, perfect for a warm and inviting experience. The bar area is thoughtfully designed with three distinct areas of fixed seating, ideal for groups or more intimate gatherings, and features a large round table surrounded by bar stools for a communal feel. The bar itself is well-stocked, showcasing a variety of premium brands and cask ales, while the back bar offers an impressive selection of wines and spirits, catering to all tastes. To your left as you enter is the main pub area, which accommodates up to 50 covers. This versatile space can also serve as a function room with its own separate entrance, making it suitable for events and gatherings. Additionally, this area houses the ladies and gents toilets, ensuring convenience for patrons. Behind the scenes, the pub boasts a large commercial kitchen and preparation area, accessible from both behind the main bar and the main pub dining side, ensuring efficient service and high-quality food offerings.

The pub is currently trading as a 50/50 split and offers a cosy and welcoming atmosphere imbued with historic and rustic charm. Offering a classic, traditional pub fayre menu and a selection of ales, beers, wines and spirits, the pub appeals to a diverse range of customers, including locals seeking a casual meal or drink, families, and visitors exploring the area.

Private Accommodation

The living accommodation is located on the first floor with access via the pub.  This consists of two bedrooms, large living room with capacity for a dining table, kitchen, bathroom and toilet.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £4,000

Stock: £4,000

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.

An amazing opportunity for an experienced and knowledgeable licensee, the Travellers Rest really has it all. An established and strongly performing business with great potential to grow from its current position, it requires an individual or couple to really take this pub to the next level. This is an amazing opportunity for a licensee who will engage with local groups, charities, and organisations which can significantly enhance its appeal as a community hub. The pub has the scope to attract a diverse range of customers, including locals looking for a casual meal or drink, families, and visitors exploring the area. The opportunity to improve and build on the current food offer and to host various events such as quiz nights, live music, and special themed nights with a strong marketing plan to execute this is key to its success. Exceptional retail and customer service skills, a passion for hospitality and a keen interest in serving the community will revive the Travellers Rest as a traditional British pub with a warm and cosy welcome.

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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