White Horse Hotel Edgeworth

2-4 Bury Road, Edgeworth, Bolton, BL7 0AY

  • White Horse Hotel Edgeworth
  • White Horse Hotel Edgeworth
  • White Horse Hotel Edgeworth
  • White Horse Hotel Edgeworth

White Horse Hotel Edgeworth

Established much loved Pub in Picturesque Edgworth

Edgworth is a small village within the borough of Blackburn with Darwen, Lancashire. It is north east of North Turton between Broadhead Brook on the west (expanded artificially to form the Wayoh Reservoir) and Quarlton Brook in the south east. Edgworth is renowned to walkers as it is very picturesque. Two large reservoirs, the Wayoh Reservoir, and the Turton and Entwistle Reservoir, are located north-east of the village, and the Jumbles Reservoir is near Turton Bottoms

Experienced and Ambitious Operator Wanted!

The White Horse has strong potential to be a stand-out, successful and much-loved pub, all we're missing is the right person to run it. We are looking for an Operator with experience in launching and developing a quality food offer and have the drive and ambition to push the business forward.

Pub Features

  • Rolling Tenancy
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Refurbishment Plans are attached to the downloads to showcase the plans for the internal and externals of the site. Please have a look to see the fantastic proposal.

Applicants should 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. The exemption 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, as per The Pub Code (2016).

Private Accommodation

Private accommodation at the White Horse consists of three bedrooms, kitchen, living room and bathroom. In line with our Ready to Trade Promise, we will ensure that your living accommodation is also brought to a good standard so that you can focus on getting your business right.

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

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

Financials

Annual Rent £
43,500
Estimated Tenants Annual Operating Profit £
45,116
Representative HEINEKEN UK Brand Discount Per Barrel £
130
Estimated Annual Turnover £
574,006
Estimated Annual Barrelage
248

“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 £
32,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
10,875
Rent In Advance £
837
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
51,897
Estimated Minimum Ingoing Costs £
44,647

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 £
0
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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