Horse Shoe Croft
Smithy Lane, Warrington, WA3 7HQAgreement Type:
Foundation Tenancy
View details for Horse Shoe Croft
The Bird I'th Hand Wigan
The Bird I'th Hand Wigan
Wigan Road, Hindley, Wigan, WN2 3BG Pub Code: 0060153101
Pub Code: 0060153101
Foundation TenancyEst Min Ingoing Costs: £8,371
Annual Rent: £16,451
Popular Pub, Perfect Pint
Located on a busy cross-roads in the town of Hindley, the Bird I’th Hand is a fabulous community local. The catchment area is made up of families, professionals and mature couples, making this a great opportunity for someone with bags of personality to further enhance this successful community pub.
As a traditional 100% drinks led business there is a superb opportunity to enhance your trade with a simple food offer in an already thriving business. An enticing programme of weekly events would complement the sports entertainment provided by Sky and BT Sports, along with the pool table and darts board. Additionally, this local has plenty of potential to attract guests by developing a beer garden.
Can you be the best Landlord in town?
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
Internally the Bird I’th Hand is split into four sections. Spaces are decorated with bright, fresh colours and comfortable seating throughout. Flooring is a mixture of carpets, tiles and timber. The pool table is situated in a designated games room along with a darts board to keep your games enthusiasts occupied and smiling whilst quenching their thirst. There is an additional income stream opportunity with a Gaming Machine.
Externally there is an opportunity to utilise the beer garden where your guests can sit comfortably on wooden benches and create an urban oasis. The pub also benefits from a small car park to the rear of the pub.
Private Accommodation
The private accommodation consists of three bedrooms, office, kitchen, two disused rooms and bathroom.
Estimated Total Ingoing Costs
£16,403
Estimated Minimum Ingoing Costs
£8,371
Annual Rent
£16,451
Estimated Annual Turnover
£258,027
Deposit
£4,113
Estimated Fixtures & Fittings Value
£5,290
Estimated Stock Valuation
£3,500
Estimated Working Capital
£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 £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:
Wigan Road, Hindley, Wigan, WN2 3BG
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To 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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