Walmesley Arms Great Harwood
26 Queen Street, Great Harwood, BB6 7QQAgreement Type:
Foundation Tenancy
View details for Walmesley Arms Great Harwood
Duckworth Hall Oswaldtwistle
Duckworth Hall Oswaldtwistle
15, Duckworth Hall, Oswaldtwistle, BB5 3RQ Pub Code: 0060237101
Pub Code: 0060237101
Foundation TenancyEst Min Ingoing Costs: £9,089
Annual Rent: £21,469
A rare opportunity has come about to be the next great publicans of a well-established successful pub business. Located on Haslingden Old Road, Oswaltdwistle, Accrington, this destination pub appeals to local residents and visitors alike. There is a number of landmark sites within a ten mile radius, Haworth Art Gallery, Oswaldtwistle Mills and Blackburn Cathedral to name but a few.
The site currently has the ability to drive trade via Specials/Events and the External Garden. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits, and cask ales.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy, entertainment offer 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 us what you can bring to this pub’s next chapter.
Trading Area & Facilities
- Open plan trading area with bar and restaurant combined
- 74 internal covers
- 36 external covers
- Catering kitchen
- Garden
- Car park with 40 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom.
Estimated Total Ingoing Costs
£25,667
Estimated Minimum Ingoing Costs
£9,089
Annual Rent
£21,469
Estimated Annual Turnover
£353,424
Deposit
£5,367
Estimated Fixtures & Fittings Value
£13,000
Estimated Stock Valuation
£3,800
Estimated Working Capital
£3,500
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
15, Duckworth Hall, Oswaldtwistle, BB5 3RQ
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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