Fell Lane, Keighley, West Yorkshire, BD22 6BZ
Fantastic Community Local
The Three Horses will appeal to customers looking for a familiar experience with great value prices, big portions and promotional deals being the key reasons to visit. The product offer will be broad and unchallenging with great value recognisable drinks and familiar food at its core. This pub provides an excuse to pop to the pub and meet friends for a chat, a good filling meal and their favourite pint.
This site will attract families, especially at weekends, as an excuse for an affordable lunch/dinner. Beyond value pricing, the pub will offer other reasons to visit including live entertainment, DJs, sport viewing and classic pub games. Along with all day value pricing, additional targeted promotions will appeal to specific customer groups such as student nights, ‘Kids Eat Free’ and family Sunday lunches. Customers will have a strong sense of loyalty to this pub with it being the ‘hub’ of the local community, developing close ties and links to local associations, sports teams, charity, community groups and businesses.
The site has a large open plan trading space which accommodates both those who are wanting to dine or visit for a few drinks. We are looking for someone to take this site on who can uphold its reputation for good entertainment, great value drinks and an eye for new ideas to enhance the food offers.
An open plan trading space which is flexible to accommodate both diners and drinkers in comfort. Customers can ‘find a space’ within the pub that suits their specific needs, group size and space. Flexible furniture and seating has been introduced that can be adapted by session, week and day parts. The Three Horses has additional facilities such as machines, sport, games and live entertainment – creating ‘room for all’ without compromising the customer comfort. The pool area has enough room around the table for players to cue correctly; machines are easily accessible. A mix of varied seating, poseur, mid–height and booth furniture exist throughout the pub. Comfy & removable bar stools convey permission to drink at the bar. Tables vary in terms of size and height, with a proportion conducive to dining.
|Car park spaces||40|
|Child play areas||1|
The spacious private accommodation is located on the fist floor and consists of three large bedrooms, domestic kitchen with dining area, lounge and family bathroom, all in very good condition throughout.
|Annual rent||£27,700 per annum|
|Weekly rent||£532.69 per week fixed|
£27,700 per annum, £532.70 per week paid weekly by direct debit. All terms negotiated on agreement.
Entry costs approx £31,050 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£15,000||Working capital||£5,000|
|Other costs||£3,400||Total entry cost||£31,050|
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||History of the volume can be substantiated.|
Keighley is a town and civil parish within the metropolitan borough of the City of Bradford in West Yorkshire, England. Historically in the West Riding of Yorkshire, it is situated 11 miles (18 km) northwest of Bradford and is at the confluence of the rivers Aire and Worth. The town area, which is part of the Brontë Country, has a population of 51,429, making it the third largest civil parish in England. Much of the town centre has been pedestrianised. Keighley has three large supermarkets, Morrisons, Sainsbury's and Asda. The Airedale shopping centre, is a large indoor shopping precinct which houses most of the town's high street retail chains. There are several budget supermarkets situated in small retail parks around the town. Keighley benefits from an electrified railway service with connections to Leeds, Bradford, Shipley, Bingley, Skipton, Carlisle and Morecambe. The Keighley and Worth Valley railway is a heritage steam railway, which links the town with Haworth, Oakworth, Oxenhope and the Bronte Country. Keighley has one cinema, The Picture House on North Street which was restored from derelict condition in 1996 by Northern Morris Associated Cinemas.