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RegisterFarmers Arms Burscough
Farmers Arms Burscough
36, New Lane, Ormskirk, L40 8JA Pub Code: 2300517101
Pub Code: 2300517101
Foundation TenancyEst Min Ingoing Costs: £17,791
Annual Rent: £63,500
The area
The Farmers Arms is located in the town of Burscough, close to Southport and right by the Leeds Liverpool canal. The pub is surrounded by rural housing.
Virtual walkthrough available! Click here to view
Demographics
The pub benefits from being one of 3 pubs found in an area of around 1,100 adults. The local customer base is made up of mid-life and mature adults, making this a prime destination food outlet, with canal side views and outdoor seating.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong food & drinks offer. What food would you look to implement in the pub?
The site currently has the ability to drive trade via strong food offer and live entertainment. It offers a selection of cask ales, coffees, and a pub classic menu.
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 pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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
- Main trading area with bar
- Separate restaurant area with bi-folding doors with excellent views
- 135 internal covers
- 120 external covers
- Catering kitchen
- SmartDispense
- Patioed canal-side garden
- Car park with approx. 40 spaces
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom and office.
Estimated Total Ingoing Costs
£89,780
Estimated Minimum Ingoing Costs
£17,791
Annual Rent
£63,500
Estimated Annual Turnover
£890,550
Deposit
£15,875
Estimated Fixtures & Fittings Value
£61,405
Estimated Stock Valuation
£9,000
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:
36, New Lane, Ormskirk, L40 8JA
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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
