FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Function Room
FindMyPub.com
Car Park
FindMyPub.com
Childrens Play Area
Property details
The Thatched House is a popular community pub in the village of Stanley on the busy A642 linking the M62 and Wakefield, approximately 2 miles from Wakefield town centre. The pub is ideally located on the edge of a residential area and enjoys stunning views over the River Calder. The population tops 10,000 people across all age ranges within one mile of the pub, and local shops and amenities are only a short walk away. The city of Wakefield is increasingly popular with tourists visiting its cathedral, Ridings Shopping Centre, and art gallery, and the location of the pub on one of the main access roads from the motorway network attracts a large amount of passing trade.
The pub is a traditional two-room layout with a tap-room bar area and lounge, both accessed through the main front entrance lobby and featuring well-stocked bars. The bar area is to the right of the pub and features a pool table and darts oche, along with a mix of fixed and loose seating. The lounge area to the left of the pub is the smaller of the two rooms with a mix of fixed and loose seating and features an open fireplace and leads through the conservatory to the pub's hidden gem - a balcony seating area with fantastic views out over the River Calder and surrounding fields. As the pub is built on a hill, there is the additional bonus of a small function room at the basement level, with access out to the garden and separate toilet facilities. There are two commercial kitchens in the pub (one on each floor) giving the perfect facilities to cater to functions or larger parties. The standards in all areas have been kept very high by the current licensees.
Steps lead down from this to the enclosed beer garden and patio area, featuring picnic benches, a covered seating area, and children's play equipment. Externally to the side of the pub is a car park that can comfortably accommodate approximately 20 vehicles, along with a garage/storage area.
The private accommodation on the first floor is in good order and of a comfortable size and comprises of three bedrooms, lounge, kitchen and bathroom.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Team Games
FindMyPub.com
Live Entertainment
Trading style
The pub currently operates on an approximate 70:30 wet/dry trading split, with food offered through the week on ad-hoc hours alongside a very popular and well-renowned Sunday carvery. The local community provides a strong established day-to-day trade, with the opportunity to build on the existing food offer throughout the week. The layout of the pub would support the introduction of pub sports teams alongside a food offer, and the function room provides an additional revenue stream to the business. The garden and terrace areas also provide a boost to income throughout the warmer months.
This is a great opportunity for a hands on experienced all-round operator, comfortable in offering quality home-cooked food during the day and then creating a real community wet-led offer during the evenings to attract local residents. The landlords are looking to work with an individual/couple with local knowledge who are willing to embed themselves into the community and who can put their own ideas into the business to deliver outstanding results. You must be competent and confident in marketing outside the pub, along with utilising the many social media platforms to attract customers from outside the area.
Key financials
-
Reference Number:
IU3WDL / P04171
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£9,000.00
-
Annual Rent:
£24,500.00
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: £24,500 – Startup rent available
Security Deposit: £3,000 (building bond to £5,000)
Working Capital: £2,500
Stock: £3,500
F&F: TBC – funding options may be available for the right licensee.