Walmesley Arms Great Harwood

26 Queen Street, Great Harwood, BB6 7QQ

  • Walmesley Arms Great Harwood

Walmesley Arms Great Harwood

Great Lively Local

The Walmesley Arms, a popular pub which can be found on Queen Street road, Great Harwood, in Blackburn, located on a prominent corner plot of the high street. A vibrant high street, the pub benefits from passing trade and a demographics of families, professionals and mature couples.
As this pub is currently 100% drinks led, a superb opportunity exists to introduce a simple food offer to help boost trade in an already thriving community business.

Community Champion Wanted

Do you enjoy delivering excellent service whilst pouring the perfect pint for your regulars and visitors? Do you like to look at new ways to bring added value to your customers in a traditional pub? If this sounds like you, please come and talk to us.

Pub Features

  • Rolling Tenancy
  • Live Sports
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the Walmesley Arms is a 2 bar operation with a horseshoe effect bar. The pub has a traditional look and feel about it with comfortable seating throughout along with area for traditional pub games.

Private Accommodation

The private accommodation at the Walmesley Arms consists of Lounge, Kitchen, Bathroom and two bedrooms.

Premises Licence Details

Please refer to the Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 04:30 10:00 - 04:30 10:00 - 04:30 10:00 - 04:30 10:00 - 04:30 10:00 - 04:30 10:00 - 04:30

Financials

Annual Rent £
15,188
Estimated Tenants Annual Operating Profit £
20,186
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
252,452
Estimated Annual Barrelage
227

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
10,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
3,000
Rent In Advance £
292
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 £
19,902
Estimated Minimum Ingoing Costs £
9,902

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

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
778
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased