Horse & Jockey, Altofts

The Horse and Jockey is situated in Altofts, a village in West Yorkshire, along a bustling road. Altofts is approximately 5 miles away from Wakefield and about a mile from Normanton, making it conveniently located close to the M62 motorway. Altofts hosts several schools including Lee Brigg Infants School, Martin Frobisher Infants School, and Altofts Junior School. The village also boasts a variety of recreational sports clubs such as cricket, football, and bowls, catering to a range of interests within the community.

Pub Layout

The Horse and Jockey pub offers a range of amenities both inside and out. To the front, there’s a seating area designed for patrons who prefer to drink outside. For parking convenience, the pub provides a car park accommodating approximately 20 cars. Inside, the pub features a bar/lounge setup with a central bar servery, creating a social and inviting atmosphere for customers. There’s also a designated area with a pool table and games, ideal for both casual use and team games. Additionally, the pub includes a small function room located towards the rear. This room is equipped with its own bar servery and a small kitchen, making it suitable for hosting parties or events. The kitchen serves pub meals and snacks, catering to both locals and visitors attending functions at the venue.

The Horse & Jockey pub is deeply embedded in its community, focusing primarily on drinks with a limited selection of back bar food. It thrives on a vibrant weekly schedule that includes a variety of events such as karaoke nights, live sports broadcasts, disco events, and quizzes. These activities ensure there’s always something exciting happening, appealing to a wide range of tastes among the local customers. The pub fosters a sense of community by hosting pub teams involved in darts and pool, which adds to its role as the central hub of Altofts. This involvement in local sports and social activities enhances its reputation as a gathering place where residents can come together to socialize, compete, and enjoy a lively atmosphere.

Private Accommodation

The private accommodation consists of three bedrooms, a living room, kitchen and bathroom.

Annual Rent: £20,000

Security Deposit: £4,000

Working Capital: £1,000

Stock: £2,000

Fixtures and Fittings: To be confirmed upon valuation  – funding options available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

Admiral Taverns are looking for a licensee who possess a strong commitment to embedding the pub within the local community. They should have a vision and determination to maximize the pub’s potential by effectively utilizing its existing facilities and possibly exploring further investment opportunities. While prior experience as a licensee, especially within the local area, is advantageous, a candidate with a strong passion for community engagement and the necessary leadership qualities could also excel, ensuring its continued success and growth.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *