- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- 54, Watkin Lane, Lostock Hall, Preston, PR5 5RD
- Salary
- To be discussed
- Ref
- 2032011359
- Starts
- Closes
Pub Overview
Popular Pub, Perfect Pint
The Victoria is located in the suburban town of Lostock Hall, within the South Ribble area of Lancashire, supported by a great catchment area. Made up of families, professionals and mature couples. The pub is close to Preston and Leyland, with excellent links to Lancashire and the North West through the nearby Motorway networks. The pub has a great main road location and benefits from parking to both the front and rear aspect of the property.
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in maintaining a strong drinks and entertainment offer. What would you look to implement in the pub?
The site currently has the ability to drive trade via a selection of pub games such as pool and darts, a quiz team, live sports and live entertainment. It offers a selection of cask ales and popular beers, ciders, wines and spirits.
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.
• 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.
Features
Trading Area & Facilities
• Main trading area with bar
• 45 internal covers
• Fit for purpose kitchen
• SmartDispense
• Beer gardens to the front and rear
• Car park to the front and rear with a total of 45 spaces
• Pool Table
• Dart Boards
Private Accommodation
Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom and office.
Pub Financials
Annual Rent £
17,486
Estimated Annual Turnover £
273,224
Deposit £
4,372
Estimated Fixtures & Fittings Value £
17,695
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
30,567
Estimated Minimum Ingoing Costs £
9,957
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.
Popular Pub, Perfect Pint
The Victoria is located in the suburban town of Lostock Hall, within the South Ribble area of Lancashire, supported by a great catchment area. Made up of families, professionals and mature couples. The pub is close to Preston and Leyland, with excellent links to Lancashire and the North West through the nearby Motorway networks. The pub has a great main road location and benefits from parking to both the front and rear aspect of the property.
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in maintaining a strong drinks and entertainment offer. What would you look to implement in the pub?
The site currently has the ability to drive trade via a selection of pub games such as pool and darts, a quiz team, live sports and live entertainment. It offers a selection of cask ales and popular beers, ciders, wines and spirits.
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.
• 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.
Features
- Catering Kitchen
- Foundation Tenancy
- Live Sports
- Music Venue
- Pub Games
- Car Park
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities
• Main trading area with bar
• 45 internal covers
• Fit for purpose kitchen
• SmartDispense
• Beer gardens to the front and rear
• Car park to the front and rear with a total of 45 spaces
• Pool Table
• Dart Boards
Private Accommodation
Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom and office.
Pub Financials
Annual Rent £
17,486
Estimated Annual Turnover £
273,224
Deposit £
4,372
Estimated Fixtures & Fittings Value £
17,695
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
30,567
Estimated Minimum Ingoing Costs £
9,957
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.
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