Black Horse Kearsley

372 Higher Market Street, Kearsley, Bolton BL4 8HQ

  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley
  • Black Horse Kearsley

Black Horse Kearsley

Vibrant Community Local

The Black Horse is a vibrant and busy local community pub which is located on High Market Street in Kearsley near Bolton. With a fantastic reputation as a communal hub, the Black Horse is situated in a densely populated area, which is an excellent opportunity for the right operator to create a successful pub business.

The current offer consists of good quality pub grub and a premium range of ales, beers and ciders. To enhance the dwell time of your guests a full entertainment programme will compliment this fantastic prospect through quiz nights, live music and pool tournaments.

Passionate, Innovative Community Operator Wanted!

The future vision of this site is to maintain good food quality, engage with the local community and build on the reputation of the entertainment evenings to attract new visitors to the pub.

Pub Features

  • Rolling Tenancy
  • Music Venue
  • Catering Kitchen
  • Live Sports
  • Private Accommodation
  • Pub Games
  • Childrens Play Area
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the Black Horse is in good condition. The large L-shaped bar is surrounded with comfortable seating. There is a catering kitchen on site which accommodates your dining guests.

The site also benefits from an additional income stream of a gaming machine. Entertainment can also be found in a dedicated games area for those budding dart and pool players.

Externally the pub has recently benefited from a new signage and lighting scheme to improve kerb appeal. Nearby public car parking can be found situated close to the rear of the building

Private Accommodation

The private accommodation at the Black Horse consists of four bedrooms, kitchen, living room, bathroom & WC. Please note that in line with our "Ready to Trade Promise" should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.

Premises Licence Details

For full details, please refer to the Premises Licence.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 01:00 11:00 - 01:00 11:00 - 01:00 11:00 - 01:00 11:00 - 01:00 11:00 - 01:00 12:00 - 00:30

Financials

Annual Rent £
30,750
Estimated Annual FMOP (Licensee Profit) £
34,981
Representative HEINEKEN UK Brand Discount Per Barrel £
112
Estimated Annual Turnover £
390,928
Estimated Annual Barrelage
292

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).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
4,680
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
7,000
Deposit Amount £
7,688
Rent In Advance £
561
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 £
22,144
Estimated Minimum Ingoing Costs £
14,748

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 £
461
Estimated Annual Maintenance Compliance Charge £
1,076
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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