Queens Hotel Kirkham

7 Poulton Street, Kirkham, Preston PR4 2AA

  • Queens Hotel Kirkham
  • Queens Hotel Kirkham
  • Queens Hotel Kirkham
  • Queens Hotel Kirkham
  • Queens Hotel Kirkham
  • Queens Hotel Kirkham
  • Queens Hotel Kirkham
  • Queens Hotel Kirkham
  • Queens Hotel Kirkham
  • Queens Hotel Kirkham

Queens Hotel Kirkham

Vibrant Local Community


The Queens Hotel is placed opposite the Fishstones, which is home to Kirkham's Thursday market. Kirkham enjoys semi-affluent, professional residents, which presents an excellent opportunity for the right operator to build a loyal customer base. The Queens is in good repair and boasts an attractive façade. With a refreshed signage and lighting scheme, the site possesses excellent kerb appeal.

Passionate, Innovative Community Operator Wanted!

We are looking for an experienced operator with a background in providing a good quality food and a Cask Ale offer with the capability of being the hub of the community.

Pub Features

  • Rolling Tenancy
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the Queens Arms is a single bar operation surrounded with comfortable seating and is in good condition. This site enjoys local sports teams' custom and has a dedicated pools area to entertain those bedding sports players. There is a small catering kitchen which could cater for circa 20 covers. A great benefit with an additional income stream of a Gaming Machine.

The Queens has an edge over most of its nearby competitors with a large beer garden to the rear. A small trading area has also been created to the front, complete with bistro style furniture.

Private Accommodation

The private accommodation consists of three bedrooms, lounge, kitchen, office, bathroom and garage. As part of our promise to you, we will ensure your private accommodation is in good order from day one so that you can focus your energy on getting the business right.

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 - 00:00 09:00 - 00:00 09:00 - 00:00 09:00 - 01:00 09:00 - 01:00 09:00 - 01:00 09:00 - 01:00

Financials

Annual Rent £
13,500
Estimated Annual FMOP (Licensee Profit) £
23,042
Representative HEINEKEN UK Brand Discount Per Barrel £
200
Estimated Annual Turnover £
293,821
Estimated Annual Barrelage
273

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 £
1,049
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,500
Deposit Amount £
3,375
Rent In Advance £
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 £
12,369
Estimated Minimum Ingoing Costs £
11,810

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 £
862
Estimated Annual Maintenance Compliance Charge £
1,052
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
Wet & Dry - from 6,108pa

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