Bretherton Arms Chorley
252 Eaves Lane, Chorley, PR6 0ETAgreement Type: Investment Tenancy
View details for Bretherton Arms Chorley
Rose & Crown Chorley
15, St Thomas Road, Chorley, PR7 1HP
Pub Code: 0060097101
Key Features
- Foundation Tenancy
- Busy Wet Led Venue
- Live Sports & Music
- Pub Games
- Outdoor Trading Areas
Est Min Ingoing Costs: £9,134
Annual Rent: £19,612
More Information
The Rose & Crown is located in the town of Chorley, close to Chorley Town Centre. Located in a highly populated part of Chorley, with more than 11,000 adults living within a 20-minute walk radius, The pub is surrounded by residential housing, businesses and hotels.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in cementing it’s place as the heart of the community for live sports, charity events and entertainment. The Rose & Crown also benefits from a quirky outdoor barn area that can be used for functions.
The pub currently has the ability to drive trade a selection of pub games, such as pool and darts. It offers a selection of popular beers, ciders, wines and spirits, cask ales and AWP machines as an additional income source. What would you look to implement in the pub?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- Understanding of how to build a successful business
- Ability to engage with customers from behind the bar
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
- Quirky Barn area for functions
- Pool Table
- Darts Board
- HD Projector for Live Sports
- 100 total covers
- Small commercial kitchen
- SmartDispense
- Outdoor trading area - with heated lamps and TVs for sport
Private Accommodation
Private accommodation consists of 3 bedrooms, lounge, kitchen and bathroom. One of the bedrooms could be utilised as an office depending on tenant's needs.
| Annual Rent | £ 19,612 |
| Estimated Annual Turnover | £ 317,155 |
| Deposit | £ 4,903 |
| Estimated Fixtures & Fittings Value | £ 15,000 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 27,403 |
| Estimated Minimum Ingoing Costs | £ 9,134 |
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:
15, St Thomas Road, Chorley, PR7 1HP
More properties in this region
Top Lock Hotel Wheelton
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View details for Top Lock Hotel Wheelton
Fox & Lion Leyland
1 Towngate, Leyland, PR25 2ENAgreement Type: Foundation Tenancy
View details for Fox & Lion LeylandTo 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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