Bretherton Arms Chorley

252 Eaves Lane, Chorley, PR6 0ET

  • Bretherton Arms Chorley
  • Bretherton Arms Chorley
  • Bretherton Arms Chorley
  • Bretherton Arms Chorley

Bretherton Arms Chorley

Chorley's Premium Local!
Located in a highly-populated part of Chorley, with more than 11,000 adults living within a 20-minute walk radius, The Bretherton Arms benefits from great visibility, passing trade and very little competition.

Post refurbishment, the interior will be entirely redecorated with new fixtures and fittings and bric-a-brac.The installation of a kitchen serving home cooked pub classics will guarantee year-round appeal for locals looking to socialise while enjoying great pub food and premium drinks.

Can you be the best Landlord in Town?

The Bretherton Arms has the potential to become the go-to social hub for local groups, couples and individuals looking for somewhere new to socialise and enjoy weekly entertainment, including quizzes, games/comedy nights and acoustic live music. All it needs is a community focused operator who's driven to unlock its potential. Could that be you?

Pub Features

  • Investment Tenancy
  • Music Venue
  • Car Parking
  • Refurbishment Planned
  • Live Sports
  • Private Accommodation
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the Bretherton Arms is an open spaced, one bar operation. It'll be refurnished with new, modern seating suitable for over 60 covers. Works will be done to the entrance, lounge areas, bar areas and bar servery to create a modern, rustic environment. An additional income stream is provided with a Gaming Machine.

Externally, we're creating a brand new, spacious beer garden at the rear of the pub with room for 124 covers. This will encourage alfresco drinking and dining throughout the warmer months.

There is a small car park on site with street parking available.

Please be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. This means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site. This applies to all pubs in England & Wales as per The Pub Code (2016).

Private Accommodation

The private accommodation at the Bretherton Arms consists of 3 bedrooms, a lounge, kitchen, bathroom and separate toilet. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Please refer to Premises Licence.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 01:00 11:00 - 01:00 11:00 - 01:00 11:00 - 01:00 11:00 - 02:00 11:00 - 02:00 12:00 - 01:00

Financials

Annual Rent £
25,253
Estimated Tenants Annual Operating Profit £
28,752
Representative HEINEKEN UK Brand Discount Per Barrel £
160
Estimated Annual Turnover £
393,930
Estimated Annual Barrelage
278

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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
25,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
6,313
Rent In Advance £
486
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
38,409
Estimated Minimum Ingoing Costs £
38,409

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.

A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,019
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908
Estimated Annual Repairs Fund £
1,300

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

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate