Grey Man Westhoughton
88-90 Hindley Road, Bolton, BL5 2JSAgreement Type: Investment Tenancy
View details for Grey Man Westhoughton
Archer Astley
62, Manchester Road, Manchester, M29 7EJ
Pub Code: 2302375101
Key Features
- Destination Venue
- Great support from locals
- Great Reputation for Food
- Cask Marque
- Welcoming outdoor trading area to the front and rear of the building
Est Min Ingoing Costs: £12,698
Annual Rent: £26,370
More Information
Wonderful Opportunity
Located on the main road between Astley and Leigh opposite the Golf Driving Range is where you will find Archer Astley Pub Business. Situated in a densely populated area, supported by a mixed demographic of young families, singletons and mature couples.
The current operators have built up a fantastic reputation of providing high retail standards, offering a very good traditional pub menu and complimenting with premium ranges of cider, beer along with wines and spirits.
Looking for an Experienced Food Operator
The successful candidate for this pub will need a wealth of food experience, along with a track record of implementing and running a successful food operation. You’ll be passionate about delivering a quality food & drink offer in an environment that keeps people coming back time and time again. We are also looking for you to be well versed in marketing and have excellent social media skills to promote the business.
Located on the main road between Astley and Leigh opposite the Golf Driving Range is where you will find Archer Astley Pub Business. Situated in a densely populated area, supported by a mixed demographic of young families, singletons and mature couples.
The current operators have built up a fantastic reputation of providing high retail standards, offering a very good traditional pub menu and complimenting with premium ranges of cider, beer along with wines and spirits.
Looking for an Experienced Food Operator
The successful candidate for this pub will need a wealth of food experience, along with a track record of implementing and running a successful food operation. You’ll be passionate about delivering a quality food & drink offer in an environment that keeps people coming back time and time again. We are also looking for you to be well versed in marketing and have excellent social media skills to promote the business.
Trading Area & Facilities
Internally the Archer Astley is in very good condition have being refurbished in 2017. This is a one main bar operation which is tastefully decorated with a modern feel and has the capacity to accommodate over 80 guests.
Externally this business benefits from a welcoming outdoor trading area with attractive wooden tables and chairs complemented with a number of large wooden planters and this also applies to the rear of the building.
Ample parking with over 20 available spaces provided to assist those guests travelling further afield.
Externally this business benefits from a welcoming outdoor trading area with attractive wooden tables and chairs complemented with a number of large wooden planters and this also applies to the rear of the building.
Ample parking with over 20 available spaces provided to assist those guests travelling further afield.
Private Accommodation
The private accommodation at the Archer Astley is of a comfortable standard with space for three bedrooms and an additional office, along with Lounge, Kitchen and Bathroom. In line with our “Ready to Trade Promise”, should any works be required, we will ensure your private accommodation is in a good order so that you can focus your energy on getting business right.
| Annual Rent | £ 26,370 |
| Estimated Annual Turnover | £ 397,476 |
| Deposit | £ 6,593 |
| Estimated Fixtures & Fittings Value | £ 4,660 |
| Estimated Stock Valuation | £ 7,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 21,753 |
| Estimated Minimum Ingoing Costs | £ 12,698 |
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:
62, Manchester Road, Manchester, M29 7EJ
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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