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RegisterRefurbishment Planned
Whitakers Arms Accrington
Burnley Road, Accrington, BB5 6HG
Pub Code: 0060192101
Key Features
- Contemporary Refurbishment Planned
- Fully renovated Beer Garden with Circa 100 Covers
- Large Function Room
- Large Car Park
Est Min Ingoing Costs: £76,335
Annual Rent: £54,692
More Information
Outstanding Location
The Whitakers Arms’ location will allow the incoming operator to capitalise on the demand for a great local pub in the area. Located in the picturesque outskirts of Accrington, the pub is near plenty of residential housing, providing a steady flow of passing trade throughout the day and night. The nearby crematorium also provides an opportunity for the pub to host functions in its exceptional function space.
Following a beautiful refurbishment, the Whitakers Arms will become a premium and contemporary pub, whilst still retaining its cosy traditional feel. The proposed works will create a pub with a broad and versatile offering where the whole community can socialise. The welcoming bar and lounge areas, with cosy seating and stripped back aesthetic, will offer a casual drinking space for local drinkers and diners alike. Meanwhile, the flexible dining area, enhanced by details such as metal chandeliers, will offer multiple income streams, supporting the pub's local seasonal menu but still retaining the option for a large function space. This tasteful regeneration will place the Whitakers Arms at the centre of the local community, as well as pulling diners in from further afield.
Exciting Potential
This is a pub with great potential, all we’re missing is the right person to drive it forward. We are looking for an experienced licensee with a passion for food. If that sounds like you, we would love to talk to you.
The Whitakers Arms’ location will allow the incoming operator to capitalise on the demand for a great local pub in the area. Located in the picturesque outskirts of Accrington, the pub is near plenty of residential housing, providing a steady flow of passing trade throughout the day and night. The nearby crematorium also provides an opportunity for the pub to host functions in its exceptional function space.
Following a beautiful refurbishment, the Whitakers Arms will become a premium and contemporary pub, whilst still retaining its cosy traditional feel. The proposed works will create a pub with a broad and versatile offering where the whole community can socialise. The welcoming bar and lounge areas, with cosy seating and stripped back aesthetic, will offer a casual drinking space for local drinkers and diners alike. Meanwhile, the flexible dining area, enhanced by details such as metal chandeliers, will offer multiple income streams, supporting the pub's local seasonal menu but still retaining the option for a large function space. This tasteful regeneration will place the Whitakers Arms at the centre of the local community, as well as pulling diners in from further afield.
Exciting Potential
This is a pub with great potential, all we’re missing is the right person to drive it forward. We are looking for an experienced licensee with a passion for food. If that sounds like you, we would love to talk to you.
Trading Area & Facilities
The bar area will be refurbished and redecorated with an attractive contrast of modern furnishings in a traditional style. The bar lounge will become a cosy, private space for customers to share a quieter drink or meal. It will be beautifully refurbished with a stripped back, contemporary feel. The dining area will be entirely refurbished and redecorated to add character and enhance the welcoming ambience of the venue. Concertina doors will create a versatile space, capable of supporting the main pub trade or becoming a private function space for special occasions. The existing kitchen will be refurbished and redecorated throughout, with new appliances and equipment to suit the proposed new menu.
The beer garden will be a central part of this refurbishment. Major works will create a welcoming space, increase the number of covers to over 100, and provide an area for customers to relax in surrounded by the picturesque countryside. The pub exterior, lighting and signage will be refreshed to create a premium local pub as well as attracting passing trade.
Please 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 & Bars, an "Investment Exemption" will be required. This 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. This applies to all pubs in England & Wales as per The Pub Code (2016
The beer garden will be a central part of this refurbishment. Major works will create a welcoming space, increase the number of covers to over 100, and provide an area for customers to relax in surrounded by the picturesque countryside. The pub exterior, lighting and signage will be refreshed to create a premium local pub as well as attracting passing trade.
Please 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 & Bars, an "Investment Exemption" will be required. This 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. This applies to all pubs in England & Wales as per The Pub Code (2016
Private Accommodation
The private accommodation consists of 4 bedrooms, kitchen & bathroom and a lounge. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Premises Licence Details
Please refer to Premises Licence for full details.
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
10:00 - 00:30 |
10:00 - 00:30 |
10:00 - 00:30 |
10:00 - 00:30 |
10:00 - 02:30 |
10:00 - 00:30 |
12:00 - 00:00 |
| Annual Rent | £ 54,692 |
| Estimated Tenants Annual Operating Profit | £ 55,890 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 125 |
| Estimated Annual Turnover | £ 728,441 |
| Estimated Annual Barrelage | 236 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 50,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 10,000 |
| Deposit Amount | £ 13,673 |
| Rent in Advance | £ 1,052 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 76,335 |
| Estimated Minimum Ingoing Costs | £ 76,335 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
| Other SP&B Ongoing Charges | |
|---|---|
| Estimated Annual Building Insurance | £ 791 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
| Estimated Annual Repairs Fund | £ 1300 |
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
** 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
* 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
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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