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The Bird I'th Hand Wigan

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The Bird I'th Hand Wigan

Wigan Road, Hindley, Wigan, WN2 3BG Pub Code: 0060153101

Pub Code: 0060153101

Investment Tenancy

Est. Annual Turnover: £277,559

Annual Rent: £16,785

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A refurbishment in the region of £161,328 is planned to transform the Bird in t’Hand into a refreshed community pub that celebrates its traditional character while creating a more premium and versatile experience for local customers. What would you do with this pub to make it a success?

About the area

The Bird in t’Hand occupies a prominent position at the bottom of Hindley High Street, on the corner of the A58 and A577. Around 25,000 to 30,000 cars pass the site each day, giving the pub excellent roadside visibility, while its position opposite the local church places it firmly within the surrounding community.

There are 3,523 adults living within walking distance of the pub. The existing trade is predominantly wet-led and value-focused, with a reliance on weekend trade and limited daytime use. Following refurbishment, the pub will be repositioned to appeal to a broader customer base, targeting midlife and mature customers during the week while expanding its appeal to younger customers at weekends.

The local high street has a mixed hospitality offer, with eight competitors in the area, generally positioned towards the value end of the market. The investment will help the Bird in t’Hand stand out through its traditional pub character, cosy rooms, open fire, nooks and crannies, dedicated areas for watching and playing sport, and an upgraded outdoor area designed to become one of the pub’s strongest points of difference.

The offer

Bird in t’Hand is available on our investment tenancy agreement. Click here for more information on this agreement. Please refer to the 'Refurbishment Details' section for details of the investment being made.

Who we're looking for

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…

  • Live Sports

  • Pub Games

  • Car Park

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

  • Investment Tenancy

  • Refurbishment Planned

Trading Area & Facilities

The refurbishment of the Bird in t’Hand will cover both the interior and exterior of the pub. A full list of works and pub floor plan can be found in the Downloads section.

The pub's trading area and facilities post refurbishment will be:

  • Main trading area with bar
  • Snug area
  • Separate games and sports zone
  • 76 internal covers
  • 48 external covers
  • HEINEKEN SmartDispense
  • Pub garden
  • 20-space car park
  • Private accommodation with three bedrooms, lounge and bathroom

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

The private accommodation consists of three bedrooms, office, kitchen, two disused rooms and bathroom.

Pub Financials Icon

With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.


Indicative entry costs

£36,396

Annual
Estimated Annual Turnover
£277,559
Annual Rent
£16,785
Entry Costs
Deposit
£4,196
Estimated Fixtures & Fittings Value
£23,700
Stock Valuation
£5,000
Working Capital Required
£3,500
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 Β£10,000 un-borrowed funds.

  • Revamped Pub Garden

  • New External Signage

  • New Pub Games Zone

  • Interior Decor Refresh

What we're planning & why

The Bird in t’Hand is set to benefit from an estimated £161,328 investment covering both the interior and exterior. The scheme will refresh the pub throughout, strengthen its roadside presence, improve the outdoor trading space and create a more premium environment for everyday drinks, sport and occasional entertainment.

Unlike standard terms for Investment Tenancies, we're offering the option to rent the Fixtures & Fittings for this pub. Ask us for more information!

What's happening?

Externally, the pub will receive complete decoration and new signage to create a more relevant and appealing roadside presence. This will make the investment immediately visible to passing customers and help the pub capitalise on the high volume of traffic using the A58 and A577.

Inside, decoration throughout will create a more premium experience while retaining the traditional features that make the building distinctive. The low ceilings, snugs, open fire and separate spaces will give customers different reasons to visit, whether for a sociable drink, a quieter community occasion, watching sport or enjoying occasional live entertainment.

The outside area will also be upgraded to create a stronger seasonal trading opportunity and a standout outdoor space on the high street. The pub will retain a cask ale offer and is planned to deliver a premium sports-viewing experience alongside occasional quality entertainment. The new operator will have the opportunity to shape the wider offer and use the different trading areas to build occasions across the week.

Why invest?

The investment is designed to rebuild the Bird in t’Hand’s reputation within the local community, address areas that are currently underused and bring the pub up to modern customer expectations. A refreshed frontage, improved interior and stronger outdoor offer should broaden the pub’s appeal, encourage customers to visit for more occasions across the week and support stronger spring and summer trading.

Turnover is expected to increase by 100% following the transformation.

To explore some of our recent successful pub investment projects, please see our Investment Showcase page.

Park Inn, Accrington has recently undergone a similar transformation to what we are planning for Bird in t’Hand.

Personal Recommendation

"The investment will maximise the traditional features of this building, with the low ceilings, snugs and separate games areas appealing to different elements of the community. The beer garden will be a welcome addition in the spring and summer months."

β€” Paul Alldis, Investment Manager

Location:

Wigan Road, Hindley, Wigan, WN2 3BG

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