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.

Location

Business Information

Annual rent

£16,500

Weekly rent

£317

Entry costs

£8,400

Turnover royalty

n/a

Forecasted Operator Turnover

£355,358

Forecasted Operator Profit (inc machine profit)

£22,599

Forecasted Operator Machine Profit

£7,200

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Average Beer & Cider Discount*

Blended £180

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approx £8,400 which includes, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Fixtures and fittings will be rented with weekly payments made.

Deposit

£2,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£4,000

Other Costs

£1,150

Total Entry Costs

£8,400

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 189 492 4,001
2018/19 325 0 7,046
2017/18 331 0 7,377

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.

Trade Bars

Yes

Trade Dining Areas

No

Trade Kitchens

Yes

Trade Food Covers

20

Trade Gardens

No

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

0

Current Premises License Opening Hours

Mon-Thu: 09:00 - 02:00
Fri-Sat: 09:00 - 03:00
Sun: 09:00 - 01:00

The private accommodation is split over two floors with the bedrooms being located on the top floor.

Private Rooms

10

Lounge

Yes

Dining Rooms

1

Double Bedrooms

2

Single Bedrooms

2

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

Located in the centre of Halifax town centre the Cat & Fiddle offers a great opportunity for someone to build this business utilising entertainment and sporting occasions as the core drivers of the business. There is also an opportunity to develop and grow a basic food offer.

Paul Hirst,

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