Crown Hotel Colne
94 Albert Road, Colne, BB8 0QDAgreement Type: Foundation Tenancy
View details for Crown Hotel Colne
Anchor Inn Colne
Salterforth Lane, Salterforth, Colne, BB18 5TT
Pub Code: 0091857101
Key Features
- Foundation Tenancy
- Beautiful Canalside Location
- Extensive Cask Ale Offering
- Large Outside Trading Area
- Fantastic Food Reputation
Est Min Ingoing Costs: £11,072
Annual Rent: £18,862
More Information
Rural Canalside Beauty
This beautiful pub is situated on the edge of the Pennines in the village of Salterforth, popular with walkers, local and visitors alike. The Anchor offers a warm atmosphere and a place to enjoy a bite to eat or pint.
Catering & Cask Ale Local
The Anchor Inn has a great reputation for serving locally sourced, home cooked food. In addition to this, the pub currently offers a good range of cask ales but an opportunity exists to expand this further if a new operator wishes. Locals and tourists currently enjoy a mix of national favourites, regional brands and some real local heroes sourced via our extensive range of cask ales.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in driving a quality food & drinks offer coupled with outstanding customer service.
Business Development Manager’s vision
We are looking for an enthusiastic and passionate operator who is keen to move forward with this great opportunity. The pub provides the chance to live in an idyllic rural location on the Lancashire / Yorkshire Border and embed yourself in the local community, serving people who live locally and the many day trippers and tourists who frequent the canal and surrounding areas on a regular basis. It is a wonderful pub, steeped in history and once visited, you will fall in love with.
Trading Area & Facilities
Internally the Anchor is made up of one main trading area with a snug to the side, with ability to cater for up to 60 covers and a full functional trade kitchen. The pub is in immaculate condition throughout.
Externally the Anchor has a fantastic beer garden next to the canal with a children's play area and a large car park.
Private Accommodation
The private accommodation consists of two bedrooms, kitchen, lounge, office and bathroom.
| Annual Rent | £ 18,862 |
| Estimated Annual Turnover | £ 305,383 |
| Deposit | £ 4,716 |
| Estimated Fixtures & Fittings Value | £ 11,125 |
| Estimated Stock Valuation | £ 6,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 25,341 |
| Estimated Minimum Ingoing Costs | £ 11,072 |
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:
Salterforth Lane, Salterforth, Colne, BB18 5TT
More properties in this region
The Spinning Mill Colne
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White Bull Gisburn
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View details for White Bull GisburnTo 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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