Plough Euxton

Runshaw Lane, Euxton, Chorley PR7 6HB

Under Offer
  • Plough Euxton
  • Plough Euxton
  • plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton
  • Plough Euxton

Plough Euxton

Charming Village Pub

Located close to the wealthy village of Euxton, Chorley, The Plough is a popular, country pub, surrounded by a great catchment area of established families who enjoy delicious pub grub at affordable prices.

Currently the offer consists of good quality pub grub and a range of cask ales. Beautifully decorated throughout, the pub consists of an open plan trading area, welcoming open log burning fires and fantastic original features. This great village local has a fantastic mature beer garden to the rear and ample parking for guests.

Catering Operator Wanted

Are you a passionate and innovative food operator? Do you want to become the hub of the village? If so, we want to hear from you!

Pub Features

  • Rolling Tenancy
  • Catering Kitchen
  • Long-Term FRI Lease
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally, the pub is in good repair following recent investment. The site has a rustic feel with exposed brickwork and wooden beams. The open plan trading area is divided into designated zones for drinks and dining and can accommodate for private functions.

Externally, modern signage and lighting ensure great kerb appeal. There is a large, mature beer garden and ample room for parking which is an essential element of this destination outlet.

Private Accommodation

Licensee accommodation at the Plough consists of three bedrooms, a kitchen, lounge and bathroom. As part of our 'Ready To Trade' promise, Star Pubs & Bars will ensure your property is in good condition so you can focus your energy on your business.

Premises Licence Details

Please refer to Premise Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 12:00 - 00:00

Financials

Annual Rent £
55,250
Estimated Annual FMOP (Licensee Profit) £
57,312
Representative HEINEKEN UK Brand Discount Per Barrel £
140
Estimated Annual Turnover £
609,922
Estimated Annual Barrelage
169

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 £
19,668
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
7,000
Deposit Amount £
13,813
Rent In Advance £
1,063
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
43,844
Estimated Minimum Ingoing Costs £
18,508

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 £
715
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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