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LOW ENTRY COSTS

Bowery

Princes Avenue, Hull, East Yorkshire, HU5 3QA

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

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Beer Garden

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External Drinking Area

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Car Park

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Restaurant/Dining

Property details

The Bowery is located on the vibrant Princess Avenue in Hull and is surrounded by housing and shops, providing the pub with strong footfall throughout the day and into the evening. It is also only a few minutes' drive to the city centre.

Internally, the bar services the large lounge area, enabling drinking and dining, whilst spread out TVs enable good sports viewing from all angles of the pub. There is also a small games room with a pool table and a dart board.

The pub benefits from an outdoor patio area to the rear of the premises as well as one to the front, which drives summer drinkers to the pub. Additionally, there is a car park to the rear, which can be utilised for extra space for community events.

The private accommodation consists of three bedrooms, a lounge, an office, a kitchen, and a bathroom, all accessed from behind the bar or a side entrance.

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Catering Kitchen

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Team Games

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Pool Area

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Live Entertainment

Trading style

The Bowery is a friendly, welcoming pub with live sports, entertainment, and teams, drawing a varied demographic to it week after week.

The pub has been well-maintained, so the new Operator(s) are set up for a win to drive this business forward by implementing weekly community activity as well as introducing a menu.

Key financials

Reference Number: PSCFKB / 39687
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please note that the energy performance certificate is available from the landlord.

Currently, the pub is delivering weekly sales of £12,000 split 90/10, with scope for the new operator to input their own food menu to really drive the dry sales.

What’s in it for you?

20% share of weekly wet sales, excluding VAT.
Keep 100% of the food sales.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs. (*deposits can vary depending on business*)
Accommodation included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

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The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.