Stanley Preston
24 Lancaster Road, Preston, PR1 1DAAgreement Type: Foundation Tenancy
View details for Stanley Preston
Wheatsheaf Woodplumpton
34, Woodplumpton Road, Woodplumpton, Preston, PR4 0NE
Pub Code: 0060499101
Key Features
- Heart of the Community
- Outdoor Trading Areas
- Cask Ales
- Catering Kitchen
- Pub Games
- Car Park
Est Min Ingoing Costs: £14,557
Annual Rent: £26,228
More Information
The Beating Heart of Woodplumpton
The Wheatsheaf is located north of Preston in the beautiful, leafy village of Woodplumpton. An affluent area populated by wealthy landowners and self-sufficient retirees. The Wheatsheaf is the true hub of the community. With no town hall or post office in the village, the Wheatsheaf steps up as the meeting place and centre of the community. This commitment alongside charity efforts organised by the pub has resulted in the Wheatsheaf earning the Star Pubs and Bars Heart of the Community Award in consecutive years.
The Wheatsheaf is well loved for its quality food offer – classic pub grub with a homemade feel. It’s famous for its cask ales, with a combination of local cask ales and Theakstons flowing through the pub’s 6 cask pumps. Entertainment is enjoyed in the form of weekly quiz nights, a pool table, jukebox and televisions.
Community Heroes Wanted
The Wheatsheaf is a perfect opportunity for a publican or couple who want to be the heart of the community and can create and develop all revenue streams. Dedication to maintaining the Wheatsheafs position as the focal point of the community is vital. If this sounds like you, apply now!
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 pub is a three-bar operation with a designated bar area, side room and dining area. Furnishing in the Wheatsheaf consists of a mixture of loose and fixed good quality furniture. Decoration is in keeping with the area, with cask tables, classic local photographs and multiple real fireplaces. Friendly competition is held on the pub’s pool table whilst others utilise the digital jukebox and AWP games machine – another source of revenue for the operators. There is seating for 45 covers inside the pub, which the quality kitchen can handle well.
Externally, there is a lovely garden to both the front and rear of the pub, suitable for 45 covers. There is car parking on site for approximately 15 cars.
Private Accommodation
Private accommodation at the Wheatsheaf Woodplumpton consists of 2 bedrooms, a living room, kitchen, bathroom and utility room.
| Annual Rent | £ 26,228 |
| Estimated Annual Turnover | £ 430,144 |
| Deposit | £ 6,557 |
| Estimated Fixtures & Fittings Value | £ 15,000 |
| Estimated Stock Valuation | £ 4,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 29,557 |
| Estimated Minimum Ingoing Costs | £ 14,557 |
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:
34, Woodplumpton Road, Woodplumpton, Preston, PR4 0NE
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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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