Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs. It’s free and puts you under no obligation.
RegisterHeys Inn Oswaldtwistle
Heys Inn Oswaldtwistle
52, Stonebridge Lane, Oswaldtwistle, Accrington, BB5 3BW Pub Code: 0060283101
Pub Code: 0060283101
Foundation TenancyEst Min Ingoing Costs: £8,654
Annual Rent: £13,852
Traditional Wet Led Community Local
What would you do with this pub to make it even more of a success?
The area
The Heys Inn is located in the town of Oswaldtwistle, close to Accrington and 3 miles from Blackburn. The pub is surrounded by residential housing with a new housing directly over the road from the pub.
Oswaldtwistle has an award winning Mills Home & Lifestyle centre that brings in lots of visitors to the area with its lovely grounds, wildfowl reserve and shopping.
Demographics
The pub benefits from being one of 13 pubs found in an area of around 5013 adults. The majority customer base is made up of young low to medium income.
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 well thought through drinks offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via a selection of pub games, such as pool, and darts. It offers a selection of popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with 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
• Pool table & Dart board
• 40 internal covers
• 30 external covers
• SmartDispense
• Rear enclosed outside area
• Pool table & Dart board
• 40 internal covers
• 30 external covers
• SmartDispense
• Rear enclosed outside area
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom and office.
Estimated Total Ingoing Costs
£15,398
Estimated Minimum Ingoing Costs
£8,654
Annual Rent
£13,852
Estimated Annual Turnover
£219,244
Deposit
£3,463
Estimated Fixtures & Fittings Value
£4,435
Estimated Stock Valuation
£4,000
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:
52, Stonebridge Lane, Oswaldtwistle, Accrington, BB5 3BW
[]
Selected pub
Other pubs
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
