Walmesley Arms Great Harwood
26 Queen Street, Great Harwood, BB6 7QQAgreement Type: Foundation Tenancy
View details for Walmesley Arms Great Harwood
Bayley Arms Hurst Green
Avenue Road, Clitheroe, BB7 9QB
Pub Code: 2303089101
Key Features
- Refurbishment Planned
- Eight Guest Rooms
- Charming Courtyard
- Great Dining Experience
Est Min Ingoing Costs: £43,500
Annual Rent: £48,000
More Information
Coming Soon - We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime so apply today
Business Development Manager Vision
Given the Bayley Arms is right in the heart of the community, coupled with a strong, like-minded lessee with valuable hotel or B&B knowledge, I see the Bayley Arms becoming the leading hotel and dining venue in the Clitheroe area and once a transformational Capex Investment by Star Pubs and Bars has been undertaken, there will be no stopping the successful Lessee who has the drive and ambition to ensure this venue succeeds with the strong backing and support from the UK’s best Pub Company.
Delightful Destination Country Pub
The Bayley Arms is located in Hurst Green, a beautiful village on the outskirts of the Forest of Bowland. The pub is also based on the popular tourist attraction of the Tolkien Trail. There is also a children’s play park next to the car park which would attract families and parents.
The Bayley Arms previously had a strong food and drink trade. Customers have multiple reasons to visit the venue which includes weekly quiz nights, enjoying the outdoor beer garden with the peaceful surroundings as well as the high quality food offer.
Talented, Experienced Food Operator is needed!
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Bayley Arms will have extensive experience in a successful hospitality business. They will have a clear vision for their food & drinks menu, letting rooms 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
The interior of the Bayley Arms beholds a traditional yet graceful appearance. The main lounge area is mostly open-plan but with some slightly cordoned off areas. The pub has exposed-beam ceilings giving it a traditional village pub character. The bar service area is located in the main lounge area that also has raised setting for customers.
The exterior of the site has a lot of open space. At the front there is space for 4 benches and to one side is a car park with space for over 7 cars. To the other side is a beer garden which is set in beautiful surroundings and a lot of greenery.
The Bayley Arms will be undergoing a refurbishment which will cover the interior and exterior of the pub. A full list of works and pub floor plan can be found in the ‘Refurbishment Details’ document in the downloads section.
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
The private accommodation consists of three bedrooms, kitchen & bathroom and a lounge.
| Annual Rent | £ 48,000 |
| Estimated Annual Turnover | £ 620,000 |
| Deposit | £ 12,000 |
| Estimated Fixtures & Fittings Value | £ 20,000 |
| Estimated Stock Valuation | £ 8,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 43,500 |
| Estimated Minimum Ingoing Costs | £ 43,500 |
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:
Avenue Road, Clitheroe, BB7 9QB
More properties in this region
Royal Oak Blackburn
2 Royal Oak Avenue, Pleckgate, Blackburn, BB1 8QDAgreement Type: Foundation Tenancy
View details for Royal Oak Blackburn
Feildens Arms Blackburn
Whalley Road, Blackburn, BB2 7PRAgreement Type: Investment Tenancy
View details for Feildens Arms BlackburnTo 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
Pub Vacancy Alerts
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
Register
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download