Yarwell Drive, Maltby, Rotherham, South Yorkshire, S66 8HZ
Well established community pub with the potential to expand the current food and cask ale offer.
The Hay Nook is a fantastic community pub situated in the heart of Maltby, surrounded by a high concentration of residential properties. The Hay Nook is extremely popular with the locals, playing a major role in supporting local pool/darts & fishing teams. There is a great opportunity to expand the current food offer and introduce further cask ales to the range.
This is already a successful site comprising of two main trading areas, one predominately drinks led with the second lending itself to a drinking/dining area. There is a large fully functioning kitchen ready to expand the food offer. The exterior consists of a seating area with the potential to expand further into the grounds and includes a designated smoking area. The Hay Nook is in great decorative condition and meets all the expectations of a community led pub.
|Car park spaces||15|
Large well proportioned living area comprising of two double bedrooms, living room, bathroom and a kitchen.
|Annual rent||£39,500 per annum|
|Weekly rent||£759.62 per week fixed|
£39,500 per annum, £759.60 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £34,650 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||£20,000||Working capital||£6,000|
|Other costs||£1,000||Total entry cost||£34,650|
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)|
The Hay Nook is located in the village of Maltby South Yorkshire, located in the area known as Little London and a couple of minutes drive to the M18. There is a large open plan car park surrounded by open grassed areas.