Farmers Arms Burscough
36 New Lane, Ormskirk, L40 8JAAgreement Type:
Foundation Tenancy
View details for Farmers Arms Burscough
Oak Kelsal
Oak Kelsal
Chester Road, Tarporley, CW6 0RR Pub Code: 2302910101
Pub Code: 2302910101
Foundation TenancyEst Min Ingoing Costs: £17,483
Annual Rent: £47,800
Quintessential British pub with rooms, set in the heart of Cheshire
This is a rare opportunity to operate a beautiful, quintessential British pub in the heart of the Cheshire countryside. Famous for food, and separate bar area for muddy boots and paws with the added benefit of stylish accommodation as an income stream.
What would you do with this pub to make it even more of a success?
The area
The Oak is located in the village of Kelsall, close to Chester, city centre. The pub is surrounded by residential housing.
A firm favourite with residents; destination diners and visitors to the area and just a 15-minute drive to Chester.
Demographics
The pub benefits from being one of 2 pubs found in an area of around 1000 adults. The customer base is made up of a mixed age group, ranging from mid-20’s to the more mature customer and families.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via several income streams. There is an established food business with a great reputation; a separate sports bar, and then 16 bedrooms provide an important aspect of the business all year round. The opportunity lies in continuing to develop those occasions for new customers and to keep established trade coming back.
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 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 sports bar
- Separate private dining room
- 80 internal covers
- 40 external covers
- Large commercial kitchen
- Smart Dispense
- 16 letting rooms
- patioed garden
- Car park with 40 spaces
Private Accommodation
The pub has no private accommodation.
Estimated Total Ingoing Costs
£101,390
Estimated Minimum Ingoing Costs
£17,483
Annual Rent
£47,800
Estimated Annual Turnover
£686,967
Deposit
£11,950
Estimated Fixtures & Fittings Value
£75,940
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:
Chester Road, Tarporley, CW6 0RR
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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
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www.starpubs.co.uk
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