Crown Hotel Colne
94 Albert Road, Colne, BB8 0QDAgreement Type: Foundation Tenancy
View details for Crown Hotel Colne
White Bull Gisburn
Main Street, Gisburn, BB7 4HE
Pub Code: 0060677101
Key Features
- Foundation Tenancy
- Wedding Venue
- Function Room
- Private Garden
- Cask Ales
Est Min Ingoing Costs: £15,178
Annual Rent: £44,130
More Information
Traditional Lancashire Country Inn
The White Bull is an 18th century coaching inn and grade 2 listed building situated in the tranquil village of Gisburn. Historically within the West Riding of Yorkshire, it lies 8 miles northeast of Clitheroe and 11 miles west of Skipton.
The White Bull prides itself on providing quality, locally sourced food to a very high standard accompanied by a wide selection of wines and spirits from around the world. It requires a dedicated operator to ensure this legacy that has been built up over the last 50 years is continued through the heart and soul of every pint poured and meal served.
Available on our Foundation Tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a quality food & drinks offer whilst driving letting room revenue by marketing well. The incoming operator should also be capitalising on the large function room by hosting events both private and public.
Hospitality Experts Wanted!
If you’ve benefited from running or owning a hospitality business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, event planning and marketing strategy 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
- Main trading area with bar
- Separate dining room
- 67 internal covers
- Fully equipped kitchen
- Function room
- SmartDispense
- 8 letting rooms
- Private garden area
- Car park
Private Accommodation
Private accommodation consists of 3 bedrooms, kitchen, bathroom, living room & office.
| Annual Rent | £ 44,130 |
| Estimated Annual Turnover | £ 659,716 |
| Deposit | £ 11,033 |
| Estimated Fixtures & Fittings Value | £ 30,235 |
| Estimated Stock Valuation | £ 8,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 52,768 |
| Estimated Minimum Ingoing Costs | £ 15,178 |
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:
Main Street, Gisburn, BB7 4HE
More properties in this region
The Spinning Mill Colne
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View details for The Spinning Mill Colne
Walmesley Arms Great Harwood
26 Queen Street, Great Harwood, BB6 7QQAgreement Type: Foundation Tenancy
View details for Walmesley Arms Great HarwoodTo 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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