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Restaurant/Dining
Property details
The Fountain Head is located in the town of Leeds, directly opposite St James’ Hospital and the hugely popular Thackray Medical Museum. The pub benefits from being one of three pubs found in an area of around 6,075 adults. The diverse customer base is made up of residents, as well as thousands of staff and visitors to St James’ Hospital.
The works will include:
- External redecoration
- Redecorate and re-upholster throughout the trade area and provide new floor coverings to some trade areas
- Open up the doorway to the games room.
- Install a new kit in the kitchen.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- 70 internal covers
- Games room with pool table
- Catering kitchen
- SmartDispense
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Catering Kitchen
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Team Games
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Pool Area
Trading style
The pub has been in the hands of the same operator for many years, which has helped retain a friendly and welcoming environment for loyal regulars and hospital visitors. The primary driver has been a good pint in a proper pub. The potential of the Fountain Head lies in developing a food offer, as there is a good-sized kitchen, this is undoubtedly where the main opportunity for growth is.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the pub will have extensive experience in the similar hospitality business. They will have a clear vision for their food and drinks menu, marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 2302183101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£10,977.00
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Annual Rent:
£17,733.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £17,733
Estimated Annual Turnover £295,645
Deposit £4,433
Estimated Fixtures & Fittings Value £14,500
Estimated Stock Valuation £6,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £28,433
Estimated Minimum Ingoing Costs £10,977
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.