Cat & Fiddle
20 Cheapside, Halifax, West Yorkshire, HX1 1TQ
The Cat & Fiddle offers a great opportunity for someone looking to operate a town centre business on a busy pub circuit. There is also an opportunity to introduce a good food offer to capture lunctime and early evening trade.
The pub is a large one bar operation on split levels with two bar servery areas. There is a secluded patio area to the rear of the pub that is well utilised during the summer months. There are a number of TV's and big screens located around the pub that show all sporting events throughout the year. Entertainment is also a key driver, especially at weekends with DJ's and karoake helping to attract customers. The kitchen located to the back of the bar is capable of delivering a good food offer for lunchtime and evening trade. There is also an investment opportunity for the right operator to help take this business forward.
The bar area is spilt over two levels with two bar servery areas. The rear of the pub has a glass ceiling that leads onto a paved patio area. There is a pool table located in the lower trading area. There are gents and ladies toliets located to the front of the pub and a trade kitchen to the rear of the bar area.
The private accommodation is split over two floors with the bedrooms being located on the top floor.
|Annual rent||£29,000 per annum|
|Weekly rent||£557.69 per week fixed|
£29,000 per annum, £557.69 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £22,425 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£8,000||Working capital||£4,000|
|Other costs||£3,000||Total entry cost||£22,425|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Halifax is located in the south-eastern corner of the South Pennines. It is situated about 4 miles from the M62 motorway, close to Bradford and Huddersfield. It has a population of 82,500. The pub is located in the heart of the town centre amongst a bustling circuit or pubs, bars and restuarants. The town is best known for its link to the Halifax building society which is now part of the Lloyds Banking Group.