Feildens Arms Blackburn
Whalley Road, Blackburn, BB2 7PRAgreement Type: Investment Tenancy
View details for Feildens Arms Blackburn
Butlers Arms Pleasington
Pleasington Lane, Pleasington, Blackburn, BB2 5JH
Pub Code: 0060172101
Key Features
- Recent Refurbishment
- 100 Covers
- Large Site
- Car Parking
- Bowling Green
Est Min Ingoing Costs: £47,188
Annual Rent: £51,312
More Information
Picture Perfect Pub
The Butlers Arms is a picturesque pub packed with character, situated in the village of Pleasington, Blackburn. The pub has been beautifully modernised whilst maintaining its traditional roots using tweed and tartan furnishings, oak finishing’s and flag stone floors.
Modern Meets Traditional
Through creating an outstanding reputation for its food and enhancing its existing charm, you can further develop The Butlers Arms. The Butlers Arms is the perfect pub for customers coming further afield and locals alike. Locals in the surrounding area are a wonderful mix of mature families and young families. Boasting a large car park and muted tones, thus creating a relaxing interior, this site is suited to casual dining or more formal occasions. Currently the pub is popular with locals and has an equal split between food and drinks sales.
Fantastic for a food led operator
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator will have extensive experience in a successful hospitality business. They will have a clear vision for their food & drinks menu 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 Butlers Arms benefits from a large open planned layout with a large bar in the centre of the pub. There are 4 separate trading areas some of which better suited to formal dining and others more casual. The bar area is more suitable for lunches and the bottom end dining room could be utilised for private functions. There is a catering kitchen and seating for around 100 covers.
Externally the pub has a patio area to the front with rounded picnic tables which drives trade in summer months. To the rear is a decked patio area with disabled access overlooking the bowling green. Historically this has accommodated wicker tables & chairs and external fire pits adding the wow factor to this area.
There is car parking facilities for around 20 cars.
Private Accommodation
The private accommodation consists of two bedrooms, kitchen, lounge and bathroom.
| Annual Rent | £ 51,312 |
| Estimated Annual Turnover | £ 731,124 |
| Deposit | £ 12,828 |
| Estimated Fixtures & Fittings Value | £ 22,860 |
| Estimated Stock Valuation | £ 8,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 47,188 |
| Estimated Minimum Ingoing Costs | £ 47,188 |
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:
Pleasington Lane, Pleasington, Blackburn, BB2 5JH
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Wheatsheaf Leyland
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View details for Wheatsheaf LeylandTo 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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