Spread Eagle Kearsley

313 Manchester Road, Bolton BL4 8RD

  • Spread Eagle Kearsley
  • Spread Eagle Kearsley
  • Spread Eagle Kearsley
  • Spread Eagle Kearsley
  • Spread Eagle Kearsley
  • Spread Eagle Kearsley
  • Spread Eagle Kearsley

Spread Eagle Kearsley

Great Local

The Spread Eagle in Kearsley is a well-known pub located on the busy A666 Manchester Road, and is just a couple minutes' drive to the M60. Well positioned for bus and rail routes to Manchester and Bolton. Great catchment area made up of residential housing with a mixture of families, mature couples and singletons and an added bonus of industrial office units on your doorstep.
This pub is currently 100% drinks led, there is an opportunity to introduce a simple bar snack offering to accommodate the local workers along with your passing trade which will help boost trade in an already thriving community.

Community Champion Wanted

Do you enjoy delivering excellent service whilst pouring the perfect pint for your regulars and visitors? Do you like to look at new ways to bring added value to your customers in a traditional pub? If this sounds like you, come ad speak to us.

Pub Features

  • Rolling Tenancy
  • Music Venue
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the Spread Eagle is a one bar operation, with a traditional feel with the furnishings and finishing's, the room is decorated in bright colours with a mixture of flooring; tiles, carpet and wood. Guests are entertained with sky sports, budding sports enthusiasts are kept busy with the darts board, a good juke box and live entertainment at the weekend.

Externally at the rear of the building there is an enclosed seating area provided for outside trade.

Private Accommodation

The private accommodation at the Spread Eagle consists of three bedrooms, kitchen, lounge and bathroom. In line with our 'Ready to Trade Promise', should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 01:30 11:00 - 01:30 11:00 - 00:30

Financials

Annual Rent £
13,750
Estimated Annual FMOP (Licensee Profit) £
16,129
Representative HEINEKEN UK Brand Discount Per Barrel £
170
Estimated Annual Turnover £
229,316
Estimated Annual Barrelage
244

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
2,000
Deposit Amount £
TBC
Rent In Advance £
TBC
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 £
TBC
Estimated Minimum Ingoing Costs £
TBC

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 £
0
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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