Ye Olde Hob Inn Bamber Bridge

Bamber Bridge, Preston PR5 6EP

  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge
  • Ye Olde Hob Inn Bamber Bridge

Ye Olde Hob Inn Bamber Bridge

The Home of Good Food and Drink

This 17th century building is a fantastic looking pub with an incredible thatched roof, while internally the traditional low wooden beamed ceilings are exquisite. Ideally located just off the A6 in Bamberbridge, the Ye Olde Hob lies close to the landmark building of St Saviour's Anglican Church. The affluent catchment area around the site is made up of families, professionals and mature couples making this a great opportunity for someone to further enhance this already successful business.

Boasting a 400-year-old tradition of serving the local community, the team of Chefs at the Ye Olde Inn rely on local produce as they cook their pies, burgers and shanks. The menu is complete with vegetarian options, sandwiches & salads, complimented with a fine drinks range. Live music events provides an additional reason to visit.

Big Personality, Community Leader Wanted!

Looking for a passionate, energetic community leader. If you fit the bill, come and talk to us.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Music Venue
  • Car Parking
  • Catering Kitchen
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Trading Areas & facilities


Internally the trading areas are split into 3 sections, to the right we have the dining and function space accommodating 60 guests, the central area is the main bar and to the far left is the lounge. Décor is of a quirky nature in parts, giving a warm cosy feel with comfortable seating throughout.

Externally there is a great opportunity to utilise the ample supply of picnic benches which are surrounded by floral bench box sets. Car Parking facilities are provided at the rear of the building accommodating 30 vehicles.

Private Accommodation

Private Accommodation

The private accommodation at the Ye Olde Hob Inn consists of three bedrooms, kitchen, office, lounge and two bathrooms & wc. In line with our 'Ready to Trade Promise', should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.

Premises Licence Details

Please refer to Premises Licence.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 01:30 11:00 - 01:30 11:00 - 00:00

Financials

Annual Rent £
29,000
Estimated Annual FMOP (Licensee Profit) £
32,424
Representative HEINEKEN UK Brand Discount Per Barrel £
135
Estimated Annual Turnover £
374,235
Estimated Annual Barrelage
211

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
3,607
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
7,250
Rent In Advance £
558
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
18,600
Estimated Minimum Ingoing Costs £
12,602

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,134
Estimated Annual Maintenance Compliance Charge £
1,076
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased