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White Bear, Bedale

Bedale, DL8 2BJ

Your investment

£12,000

Agreement Type

Tenancy

The White Bear is located on a busy crossroad in the centre of the small North Yorkshire town of Bedale. The pub is located on a corner plot and is highly visible for locals and passing traffic. The main high street is facilitated by a number of shops including Tesco Express (directly opposite). The pub currently appeals to the locals although there are huge visitor numbers to not just Bedale but local attractions such as Lightwater Valley, Masham and Yorkshire Dales Walks and Cycling.

The White Bear is located on a busy crossroad in the centre of the small North Yorkshire town of Bedale. The pub is located on a corner plot and is highly visible for locals and passing traffic. The main high street is facilitated by a number of shops including Tesco Express (directly opposite). The pub currently appeals to the locals although there are huge visitor numbers to not just Bedale but local attractions such as Lightwater Valley, Masham and Yorkshire Dales Walks and Cycling.  Admiral Taverns invested into this pub two years back but further investment may be available in order to develop the planning application made for 5 letting rooms subject to board approval.  The externals were enhanced in the last refurbishment so has improved the ability to pick up passing traffic trade especially in the summer months when tourism is at its height.

Pub Layout

The pub appeals to both locals and visitors to the town of Bedale and offers live sports with both SKY and BT. The pub benefits from both darts and pools teams. Live entertainment is also popular on a monthly basis which includes live acts and karaoke.   The future of the pub will be based around the existing operation but with a refreshed exterior we would expect more passing visiting trade using the premises in the summer months. This will then create a whole new audience and offer a basic back bar / snack food offer.

On entering the pub there is a small side room to the left which is generally used by the locals & darts teams. The main bar area is to the right with capacity for 30 people. The server area is to the left of the main bar. Adjacent to the bar is the pool room and soft seating. Internally the pub is in exceptional order giving fantastic customer appeal. To the rear of the pub is a small galley kitchen which is currently used for a small plate food offer although could be simply upgraded to permit a more substantial food offer and the provision of Sunday lunches.  The fixtures and fittings are in really good condition and fit for purpose.  Outside there is a small beer garden to the rear.  Although there is no car park, there is pay and display parking throughout the town.

Private Accommodation

The private accommodation is located on the first floor and consists of five bedrooms, lounge and bathroom. The small kitchen is located in the downstairs area of the pub.

Planning consent has been approved to develop this area and make 5 letting rooms, this will see private quarters reduced to 2 bedrooms though.  But the area has a high demand for letting rooms and could be a fantastic income generator for B&B which will also have a knock effect on drinks and food sales .

Annual Rent: £TBC

Security Deposit: £6,000

Working Capital: £3,000

Stock: £3,000

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.

Admiral Taverns are looking for an engaging and enthusiastic individual or partnership with a passion for great customer service. Industry experience would be preferable but certainly would not be an obstacle if the prospective licensee’s business plan carries an outline plan of how you would bring new sustainability business to the White Bear.

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 – 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 – £30.10 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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