The Bridge Burscough
73 Liverpool Road North, Ormskirk, L40 0SAAgreement Type: Foundation Tenancy
View details for The Bridge Burscough
Rigbye Arms High Moor
2, Whittle Lane, Wigan, WN6 9QB
Pub Code: 2302260101
Key Features
- Foundation Tenancy
- Destination Country Inn
- 60 Cover Restaurant
- Close to affluent village of Parbold
- Large Beer Garden
Est Min Ingoing Costs: £8,916
Annual Rent: £26,586
More Information
Food Led Destination Country Pub
The Rigbye Arms is a Destination Country Inn situated in a scenic location near to the village of Parbold and close to the M6 Junction 27. The pub is surrounded by rural housing.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a strong food offer. The food offer should be a traditional British food offering with a focus on dishes sourced from the local area. As the pub is located in a rural area there is the opportunity to develop strong links to local farmers and promoting this as a key feature of the pub.
The site currently has the ability to drive trade via a strong food offer. It offers a selection of cask ales, a pub classic menu, and coffees. 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
- Separate dining room
- 60 internal covers
- 40 external covers
- Large kitchen
- Large garden
- Car park with 20 spaces
Private Accommodation
Private accommodation consists of 1 bedroom, a living room, bathroom and a small utility room.
| Annual Rent | £ 26,586 |
| Estimated Annual Turnover | £ 435,412 |
| Deposit | £ 6,647 |
| Estimated Fixtures & Fittings Value | £ 28,545 |
| Estimated Stock Valuation | £ 3,200 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 41,892 |
| Estimated Minimum Ingoing Costs | £ 8,916 |
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:
2, Whittle Lane, Wigan, WN6 9QB
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Rose & Crown Chorley
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View details for Rose & Crown ChorleyTo 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
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