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Dog Inn Whalley
Dog Inn Whalley
King Street, Whalley, BB7 9SP Pub Code: 0060232101
Pub Code: 0060232101
Investment TenancyEst Min Ingoing Costs: £65,628
Annual Rent: £65,515
Refurbishment planned for premium village pub in Whalley.
The Dog Inn offers a great opportunity for someone who wants to take on a well-backed, refurbished pub in a thriving village setting with plenty of potential.
What would you do with this pub to make it even more of a success?
The area:
The Dog Inn is located in the heart of Whalley, a beautiful and upmarket village in the Ribble Valley, midway between Blackburn and Clitheroe. The area is surrounded by rolling countryside, close to Pendle Hill and the Trough of Bowland - both popular with walkers and tourists.
The pub benefits from strong local trade and passing footfall, with 2,144 residents within a 10-minute walk. The Ribble Valley is famed for its award-winning dining scene, and Whalley has a thriving circuit of wine bars, restaurants and independent retailers.
Demographics:
Whalley’s customer base is mature and affluent, with household affluence levels well above the UK average. The area attracts both locals and visitors from further afield thanks to its picturesque setting, excellent transport links and nearby tourist destinations.
The offer:
The Dog Inn is available on our investment tenancy agreement. Click here for more information on this agreement.
The refurbishment will refresh the pub inside and out - redecorating throughout, upgrading fixtures and furniture, and enhancing the external signage and beer patio. It will retain the traditional charm of this established local while bringing it up to date for today’s customer.
The Dog will serve great home-cooked pub food alongside quality cask ales and the full HEINEKEN range. Live entertainment, quizzes and bingo will bring the community together, complementing its friendly and welcoming atmosphere.
We’re always open to new ideas, what would you do to drive trade?
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 Dog Inn will be experienced, community-focused and confident delivering traditional food and a quality drinks offer.
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 Dog Inn will be undergoing a refurbishment which will cover the full interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
- The pub’s trading area and facilities post refurbishment will be:
- Main trading area with bar
- 65 dining covers
- Catering kitchen
- HEINEKEN SmartDispense®
- Beer patio with new furniture and external redecoration
- Private accommodation
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 is available.
Estimated Total Ingoing Costs
£65,628
Estimated Minimum Ingoing Costs
£65,628
Annual Rent
£65,515
Estimated Annual Turnover
£960,515
Deposit
£17,128
Estimated Fixtures & Fittings Value
£35,000
Estimated Stock Valuation
£10,000
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:
King Street, Whalley, BB7 9SP
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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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