1 Towngate, Highburton, Kirkburton, Huddersfield, West Yorkshire, HD8 0QP
A well established community pub with the potential to add a quality food offer and increase the cask ale trade.
The Smiths Arms is located at the summit of Far Dene and is the only public house in the village and occupies one of its oldest buildings. Built in 1669 in a Tudor/Jacobean style, it began trading as a public house in 1830. The Smiths Arms is a fantastic local pub in the village of Highburton which has become popular with both tourists and locals looking for a great pint and warm atmosphere. The pub has a working kitchen with potential to expand a traditional food offer.
This is already a successful site and features a public bar great for a drink in a warm traditional environment. The exterior provides an area for seating with superb views of the surrounding hills and fields. There is another area which is currently set up for dining and drinking. The pub is in great decorative condition and meets all the expectations of a local village pub.
|Car park spaces||15|
The accommodation is in good condition and comprises 2 bedrooms, a kitchen , living room and bathroom.
|Annual rent||£22,000 per annum|
|Weekly rent||£423.08 per week fixed|
£22,000 per annum, £423.08 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry Costs approx £18,150 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). *Final F&F value to be confirmed.* *It is estimated at circa £14,000*
|Fixtures & fittings||£4,500||Working capital||£3,000|
|Other costs||£3,000||Total entry cost||£18,150|
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)|
|Volume notes||No minerals, wines and spirits volumes available for 2016/17 as agreement was free of tie for these products. Volumes have seen a steady decline but growth could be addressed with introduction of food and extended trade hours.|
The Smiths Arms is located in the village of Highburton at the summit of Far Dene and it is five miles South East of Huddersfield. There is space for more than 15 cars to park. It also boasts a beer garden with views that are second to none overlooking the local countryside.