Farmers Arms Burscough

36 New Lane, Ormskirk, Ormskirk L40 8JA

  • Farmers Arms Burscough
  • Farmers Arms Burscough
  • Farmers Arms Burscough
  • Farmers Arms Burscough
  • Farmers Arms Burscough
  • Farmers Arms Burscough

Farmers Arms Burscough

Great Location

The Farmers Arms occupies an idyllic country location close to the town of Burscough in Lancashire. Situated right on the banks of the Leeds Liverpool Canal, the pub offers great views across the countryside, attracting tourists and passers-by. Despite its rural surroundings, there are over 18,000 affluent adults living within a 10 minute drive of the pub. This means that the demand is high for a premium local dining venue, where customers can socialise over a casual drink or enjoy a more formal dining occasion.

Great Potential - Experienced and Ambitious Operator Wanted

Already a wet trade pub for the local community, the Farmers Arms has the potential to become a thriving venue with a unique rural charm and dog-friendly snug areas. A complete refurbishment, and brand-new orangery, means the pub will also be able to offer premium and contemporary pub food, supported by the increased covers in attractive surroundings. This is a pub with incredible potential, all we're missing is the right person to take it forward. Could that person be you?

Pub Features

  • Rolling Tenancy
  • Function Room
  • Outdoor Trade
  • Private Accommodation
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Farmers Arms will appeal to a wide range of customers from the immediate area, as well as attracting those from surrounding towns and villages looking for a premium venue to dine and socialise in. These include:

"•; Couples and families looking for a quality pub to eat in.
"•; Groups of friends looking to socialise over casual drinks.
"•; Those looking for a venue to host special occasions.
"•; Customers looking for a premium pub for Sunday Lunch.
"•; Tourists walking along the picturesque canal.

Post-refurbishment, the Farmers Arms will be a charming, country-style pub with a modern finish where customers will love spending their time. The pub will offer:

"•; A fantastic menu offering premium pub food with fresh, locally sourced ingredients.
"•; A great selection of drinks including cask and craft ale, wine and coffee.
"•; A beautiful new orangery.
"•; An attractive garden area, perfect for the warmer months

Private Accommodation

The private accommodation consists of three bedrooms, lounge, kitchen and bathroom. 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

Please refer to the Premises Licence for further details.

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 £
65,500
Estimated Annual FMOP (Licensee Profit) £
67,123
Representative HEINEKEN UK Brand Discount Per Barrel £
130
Estimated Annual Turnover £
799,251
Estimated Annual Barrelage
269

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 £
43,690
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
11,000
Deposit Amount £
16,375
Rent In Advance £
1,260
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 £
74,510
Estimated Minimum Ingoing Costs £
67,791

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 £
TBC
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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