Swan Inn

Customer Recruitment

Punch Partnerships

0844 848 0953

amy.hogg@punchtaverns.com

www.PunchPubs.co.uk

Pub Refurbishment Planned

Click image to enlarge

Swan Inn
962 Huddersfield Road, Mirfield WF14 9HS

Please contact our Customer Recruitment team on
0844 848 0953 for more information

Pub Profile

The Swan at Mirfield enjoys a prominent position on the main road between Huddersfield and Dewsbury in the heart of West Yorkshire. Punch Partnerships have plans to invest £90,000 into this prime site and transform the Swan into a modern contemporary venue with a food offer and a thriving live entertainments programme. The final details of the scheme will be agreed with our new business partner.

Mirfield is a small town which lies between Huddersfield and Wakefield. It is in close proximity to Junction 25 of the M62 making it an ideal location to live for those commuting to Manchester, Leeds, Huddersfield and Wakefield. The population of Mirfield is 18,621. The canal which links the River Calder with other rivers in the area and is part of the Calder & Hebble Navigation is still used by recreational users and there will be an opportunity to tempt these tourists into the beautifully refurbished Swan.

Post refurbishment the Swan will have three distinct trading sessions. Early morning will be for Breakfast and Coffee. The offer at this time will be good quality coffee and pastries with a Wi-Fi offer for business people to meet, or mother and baby groups to catch up. At lunch time the offer will be pastries, deli style sandwiches, & Panini’s.

Weekday evenings the transformed Swan will attract the after work crowd for a cold bottle of beer or a crisp glass of wine which can be enjoyed outdoors on the patio during the summer months. Weekends should see the Swan providing a fashionable wine bar type of establishment by night with a chic feel to it that will aim to attract people not just from the immediate vicinity.

The financial information shown below reflects trading expectations following the refurbishment. The fixtures and fittings will be a mixture of old & new. Please note that the more recent barrelage figures are distorted with incorrect offers being marketed at this site.

Are you the talented entrepreneur that has the business acumen, first class service standard and the vision to turn the dream into a reality?

Pub Attributes

Trading Back of house External Private

Open Plan Trading Area
Lounge Bar
Dining Covers (60)
Office
Kitchen
Smoking Solution (External)
Beer Garden
Car Park Spaces (30)
Private Bathroom
Private Bedrooms (3)
Private Kitchen

Trade Areas

The planned refurbishment will transform the Swan into a modern café, wine bar which will be light and airy with a mixture of tables and chairs with booths where customers can sit and chat, watch TV or just sit and read a newspaper.

The internal trading areas will remain open plan and the café bar style doors will open out onto the patio area.

The catering kitchen which is immediately behind the bar servery is just the right size for the planned food offer.

The Swan has the advantage of having a surface cellar and also the good sized car park with parking for approximately 30 cars is adjacent to the building.

To summarise the newly refurbished Swan will be the only establishment of its kind in the area and it will be the envy of many.

Private Accommodation

The first floor living accommodation is spacious and airy and would be suitable for a family. There is a kitchen diner and a lounge, a separate office and three good sized bedrooms.

Financial Information

The following numbers all come from our assessment of Fair Maintainable Trade (FMT). FMT is the operating profit which reflects what we would reasonably expect a reasonably efficient operator to achieve. This profit is used as a basis for rent setting. These are estimated figures only and you may believe you can do better, or worse, than this. You must satisfy yourself as to the potential of the business by making an independent assessment. Style of operation, trading conditions and personal investment in terms of time and money will affect both turnover and profit.

Estimated Earning Potential Per Annum

£28,343

This figure only shows your anticipated operating profit and excludes the financial benefit of the living accommodation. The value of this accommodation should be considered as part of your overall decision.

Estimated Potential Turnover Per Annum

Drink	Food	Machine	Other
£240,888	£22,525	£6,672	£3,613

Machine turnover shows turnover net of machine rent.

Estimated FMT Beer Barrels Per Annum

233

This is ale, lager & cider. Your sales mix e.g. the amount of Wines, Spirits, and Minerals you sell will also affect your drinks turnover from just beer & lager.

Your Investment Figures

27,668

Approximate Fixtures & Fittings

3,000

Approximate Stock & Glassware

5,000

Estimated Working Capital
(This will vary depending on your personal business plan)

6,252

Deposit (will vary – calculated as 25% of annual rent or £6,000, whichever is greater)

1,195

Foundation For Success Training

1,150

Approximate legal fees/valuation/licensing/survey.
This will vary and some figures won’t apply for short agreements

579

Stamp Duty - based on rent calculated using average discount of £65 per barrel; this will vary if you choose different pricing and may not apply to short agreements.

44,844

Your Estimated Initial Investment You may still be able to pursue this opportunity with part funding.

Rateable Value

£ 23,500

You can check rates liability for this property by using the government website www.businesslink.gov.uk/businessrates or by contacting the commercial rates department of the Council

You may still be able to pursue this opportunity even if you do not have the full funding. Example, in some circumstances we can assist with funding of Fixtures and Fittings.

Rent Guide

Punch Partnerships offers you flexibility to choose what level of fixed rent best suits your Business Plan. Using the table below you can decide whether to pay a higher fixed rent in return for higher discounts on your tied drink products or whether to minimise your fixed rent by opting for lower discounts on your tied drink products. By opting for higher discounts you will pay lower prices for your tied drink products but you will be committing yourself to paying a higher fixed rent. Opting for the lowest fixed rent commits you to paying higher prices for your tied drinks products.


	Average discount per barrel*
Discount per Barrel	£18	£65	£120
Rent Guide	N/A	£25,007	£37,822
* The average discount per barrel compared to Brewers’ Wholesale prices. This is based on weighted average, by volume, of discounts on Punch’s top 20 selling products. Copies of our price lists are available on request. Discount relates to a 36 gallon barrel or its equivalent.

Your dedicated BRM can offer help, support & guidance in all aspects of your decision to enter into an agreement with Punch Partnerships.

Trade History

Total Ale, Lager and Cider deliveries (inc. free gifts)
Last 12 months		82 brls
1 - 2 years ago		214 brls
1 barrel = 36 gallons = 288 pints
Approximate Partner & Punch Combined Machine Income
Last 12 months		£418

Agreement Offered

Lease – typically 10 years, negotiable upto 25 years (secure agreement)

Suitable Applicants Punch Partnerships are looking for an entrepreneurial individual who has the vision and the business expertise to make this new venture a success. No previous licenced trade experience is necessary. We are looking for an individual who is forward thinking, with first class service standards and has the enthusiasm and drive to launch and market this superb opportunity. _____________________________ As the most innovative and progressive Pub Company in the UK, Punch Partnerships can offer Choice, Flexibility and Clarity through an Agreement individually negotiated to reflect your specific business needs. _____________________________ What Do Punch Partnerships Offer Punch partnerships offers everything you might need to make a success of your pub business. Full training covering all aspects of running a pub. Dedicated management support from one of our team of Business Relationship Managers. Specialist professional advice on all your pub needs including advice on pub design, repair and refurbishment. A full drinks delivery service offering a wide range of all the top selling brands. Access to all the newest and best leisure machines through our profit sharing managed supply scheme. An agreement that offers flexibility and choice. You negotiate the type and length of agreement. You choose what combination of fixed rent and price discount structure best suits your business plan. . . . . . . . . . . . . . . . . Application procedure Applicants must complete a Punch Partnerships application form either on-line or by contacting Amy Hogg on 0844 848 0953 at our Burton Office. Interested parties should view discreetly as customers in the first instance. Please do not take copies of these particulars into the premises during opening hours nor attempt to discuss the property with the current licensee, staff or customers. Misrepresentation Act- These particulars shall not form part of any offer or contract and no guarantee is given as to the condition of this property or the accuracy of its description. An intending lessee or tenant is not to rely on any representation made in these particulars and must satisfy themselves as to their own investigations before entering into contract. THE PROPERTY MISDESCRIPTIONS ACT 1991 The mention of any appliances and/or services within these sales particulars does not imply they are in full and efficient working order. All measurements, areas and distances are approximate only. *Please note that Punch Partnerships give no assurances or warranty, either expressed or implied, so far as the previous trade is concerned and any prospective tenants must rely on their own advice and opinion as to the trading potential of this property.	Click image to enlarge
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See our website www.PunchPubs.co.uk for further information.


Recruitment@PunchTaverns.com	0844 848 0953	www.PunchPubs.co.uk