Fox & Hounds Coxbench
Alfreton Road, Derby, DE21 5BAAgreement Type:
Investment Tenancy
View details for Fox & Hounds Coxbench
Black Horse Kearsley
Black Horse Kearsley
Higher Market Street, Kearsley, Bolton, BL4 8HQ Pub Code: 0091289101
Pub Code: 0091289101
Foundation TenancyEst Min Ingoing Costs: £39,400
Annual Rent: £28,000
The Black Horse offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential.
What would you do with this pub to make it even more of a success?
The Area:
The pub benefits from being one of ten pubs found in an area of around 6,384 adults. The Black Horse’s customer base is made up of a mix of suburban communities, with a blend of private and council housing.
Kearsley is a peaceful neighbourhood in Bolton, known for its friendly, family-oriented feel, dog-friendly streets, listed canal bridges, and former landmarks like Kearsley Mill. The pub sits on the high street, benefitting from good daytime footfall and strong transport links, including proximity to the M60 and local rail connections. Within a 30-minute drive are multiple major attractions including the Trafford Centre, Manchester City and United stadiums, and Salford Red Devils.
The Offer:
The Black Horse is available on our investment tenancy agreement. Click here for more information on this agreement.
The pub will have strong kerb appeal following a full internal refurbishment. With retail pricing supported by a commercial discount of £275 per barrel, it’s designed to be price competitive across all key lines. There will be a range of beers from Heineken and national brewers, alongside Sky and BT Sports, quizzes and local entertainment. A small functional kitchen supports a light community food offer.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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 Black Horse will be undergoing a refurbishment which will cover the internals of the pub. A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads section.
The pubs trading area and facilities post refurbishment will be:
- Strong value drinks offer with wide range of brands.
- 93 external covers and rear drinking area.
- Sports and live entertainment offer.
- Small functional kitchen for light food menu.
- Located on high street with strong daytime footfall.
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, 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 consists of 3 bedrooms, a living room, kitchen, bathroom and separate WC.
Estimated Total Ingoing Costs
£39,400
Estimated Minimum Ingoing Costs
£39,400
Annual Rent
£28,000
Estimated Annual Turnover
£428,844
Deposit
£7,000
Estimated Fixtures & Fittings Value
£21,900
Estimated Stock Valuation
£7,000
Estimated Working Capital
£3,500
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:
Higher Market Street, Kearsley, Bolton, BL4 8HQ
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To 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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