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Ye Olde Hob Inn Bamber Bridge

Bamber Bridge, Preston, PR5 6EP

Pub Code: 0060289101

Key Features

  • Foundation Tenancy
  • Grade 2 Listed Building
  • Quality Local Food Offer
  • Heart of the Community Pub
  • Outdoor Trade

Est Min Ingoing Costs: £11,720

Annual Rent: £26,641

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More Information

The Ye Olde Hob is a grade 2, historic country pub with a thatched roof located in the town of Bamber Bridge, close to Preston. The pub is located on the main street in Bamber Bridge, just off the M6 Motorway and is surrounded by residential housing and retail business.

Available on our foundation tenancy agreement, click here for more information on this agreement, the potential of this pub lies in driving a quality, traditional local food offer and out of the box events. The Ye Olde Hob and Bamber Bridge have a friendly history with the United States troops involved in World War 2 and the pub has ran community events focusing on this and other community concerns. 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.

  • Experience with food
  • 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…

  • Catering Kitchen

  • Car Park

  • Foundation Tenancy

  • Private Accommodation

  • Outdoor Trade

Trading Area & Facilities

  • Three distinct trading areas
  • 60 internal covers
  • Outdoor trading area to the front
  • 50 external covers
  • Fit for purpose catering kitchen
  • SmartDispense
  • Thatched Roof Cottage
  • Car park with 20 spaces
  • AWP Machines

Private Accommodation

Private accommodation at Ye Olde Hob consists of 2 bedrooms, an office and bathroom.

Annual Rent £
26,641
Estimated Annual Turnover £
406,336
Deposit £
6,660
Estimated Fixtures & Fittings Value £
16,000
Estimated Stock Valuation £
6,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
32,160
Estimated Minimum Ingoing Costs £
11,720
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.

Location:

Bamber Bridge, Preston, PR5 6EP

Google map location image of Ye Olde Hob Inn Bamber Bridge