Rose & Crown Chorley
15 St Thomas Road, Chorley, PR7 1HPAgreement Type: Foundation Tenancy
View details for Rose & Crown Chorley
White Bear Inn Adlington
5A, Market Street, Adlington, Chorley, PR7 4HE
Pub Code: 0060504101
Key Features
- Foundation Tenancy
- Wet Led Community Pub
- Beer Garden
- Pub Games
- Live Sports
Est Min Ingoing Costs: £9,211
Annual Rent: £20,532
More Information
The White Bear is located in the town of Adlington, located between Chorley & Bolton and close to Middlebrook retail park and the Leeds - Liverpool canal. The pub is surrounded by mixed housing. A community favourite with pub games, rhythm of the week entertainment and a secure back garden ideal for families and dog walkers.
The site currently has the ability to drive trade via live sports, live entertainment and pub games. It offers a selection of lagers, beers, ciders, spirits and wine.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a value driven wet-led offer. What would you look to implement in the pub?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
• Understanding of the local community
• Understanding of how to build a successful business
• Ability to engage with customers from behind the bar
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
- Bar Area
- Snug Area
- Dedicated Sports/Pool Room
- 62 indoor seats with more space for vertical drinking
- 50 outside seats with more vertical drinking
- Catering Kitchen – non-operational currently
- 4 Letting Rooms that could be developed into an additional income stream
- Secured garden with children’s play area.
- Pool Table & Darts Board
- Amusement With Prizes (AWP) machines
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom and office.
| Annual Rent | £ 20,532 |
| Estimated Annual Turnover | £ 298,405 |
| Deposit | £ 5,133 |
| Estimated Fixtures & Fittings Value | £ 13,100 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 25,733 |
| Estimated Minimum Ingoing Costs | £ 9,211 |
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:
5A, Market Street, Adlington, Chorley, PR7 4HE
More properties in this region
Bretherton Arms Chorley
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View details for Bretherton Arms Chorley
Top Lock Hotel Wheelton
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View details for Top Lock Hotel WheeltonTo 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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