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Beer Garden
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External Drinking Area
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Function Room
Property details
The Old Black Swan is located in the beautiful Yorkshire Dales village of Bedale. The area benefits from a large and increasing number of tourists staying in and near the village and visiting for the day, alongside a prosperous local population. It sits close to the home of Theakstons beer in Masham and in the middle of a high-footfall, tourist-friendly high street. The pub is also a local transport hub for buses and is close to a railway line, with walkers and cyclists passing regularly. There are 2,320 adults within a 10-minute walk and 5,098 within 20 minutes. The pub faces competition from four others within a five-minute walk, including the Green Dragon.
Post refurbishment, the pub will benefit from:
- Main trading area with a bar
- Function room
- 66 internal covers
- 24 external covers
- Catering kitchen
- SmartDispense
- Car park with 5 spaces
The private accommodation consists of 2 bedrooms, a living room, a kitchen, and a bathroom.
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Cask Ale
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Catering Kitchen
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Live Sports
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Experienced Operator
Trading style
A refurbishment investment of around £190,000 is planned to transform The Old Black Swan into a premium local pub with food, sport and entertainment at its heart.
The landlords are investing in a full refurbishment of the ground floor, redeveloping the kitchen, upgrading the toilets and refreshing the look and feel throughout. Outside, the pub will benefit from new signage, a bold colour scheme and a tidy-up of external areas to increase kerb appeal.
This will create a traditional village pub with a quality food offer. The drinks range will feature the HUK portfolio, food will focus on pub favourites, and a coffee pod offer will be available. Entertainment will be kept low-level, in keeping with the pub’s traditional country feel.
If you’ve benefited from running or owning a pub business, the landlord would love to hear what experience you can bring. The right operator for the Old Black Swan will have extensive experience, particularly the ability to recruit and retain strong food teams, and deliver a high-quality visitor experience.
Key financials
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Reference Number:
8M9JTW / 0060347101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£39,037.00
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Annual Rent:
£33,233.00
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.
Annual:
Estimated Annual Turnover £546,542
Annual Rent £33,233
Entry Costs:
Deposit £8,308
Estimated Fixtures & Fittings Value £22,229
Stock Valuation £5,000
Working Capital Required £3,500
Indicative entry costs £39,037
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.