Pleasant Retreat Lostock Hall
2 Watkin Lane, Lostock Hall, Preston, PR5 5RDAgreement Type: Foundation Tenancy
View for Pleasant Retreat Lostock Hall details54, Watkin Lane, Lostock Hall, Preston, PR5 5RD
Pub Code: 0090276101
Est Min Ingoing Costs: £45,334
Annual Rent: £27,336
Discover the unparalleled investment potential of The Victoria
What would you do with this pub to make it a success?
The area
strategically positioned in Lostock Hall. Nestled along the bustling main road connecting Leyland and Preston, this large roadside pub boasts a remarkable front patio area and stands proudly next to one of the nation's leading Motorhome and Caravan retailers, Campbell's Caravans and Motorhomes.
The Victoria beckons with a thriving demographic of 9,570 adults residing within a 20-minute walk. Within a 10-minute stroll, 5,068 adults are potential patrons, presenting a golden opportunity for your investment. Notably, with only eight licensed premises in the vicinity, including four pubs and two Star Pubs & Bars sites (Wishing Well & Pleasant Retreat), The Victoria stands out as a unique and promising venture. Seize the chance to invest in a pub that is not just a watering hole but a focal point in a community poised for growth.
The offer
Drinks: Explore an exceptional array of premium beers, cask ales, and a delightful selection of spirits at The Victoria. Our offerings also include refreshing non-alcoholic options for those seeking something different.
Food: Savour a variety of pub classics and weekly specials that offer a delicious twist on traditional favourites.
Coffee: Start your day with a cup of warmth from our simple yet satisfying coffee selection. The specific offerings will be tailored by you for a personalised touch.
Events: Imagine The Victoria as more than just a pub; it's a venue for unforgettable events. Consider hosting your next celebration or gathering with us. From weekly quizzes to monthly acoustic sessions, our space is perfect for creating lasting memories.
The Victoria is available on our investment tenancy agreement. Click here for more information on this agreement.
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.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter…
The Victoria will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Where a significant investment is made in a pub by Star Pubs & Bars, 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 consists of 3 bedrooms, a living room, kitchen, bathroom and office.
Annual Rent | £ 27,336 |
Estimated Annual Turnover | £ 439,369 |
Deposit | £ 6,834 |
Estimated Fixtures & Fittings Value | £ 29,000 |
Estimated Stock Valuation | £ 6,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 45,334 |
Estimated Minimum Ingoing Costs | £ 45,334 |
54, Watkin Lane, Lostock Hall, Preston, PR5 5RD
Agreement Type: Foundation Tenancy
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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