Lifeboat Inn Blackpool

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Pub Overview

The Lifeboat is located in the town of Blackpool, just by Blackpool Central Pier and forms part of the central circuit of Blackpool pubs. There's always fun to be had at the Lifeboat, a karaoke bar 7 days a week. Regularly frequented by locals and popular with tourists, the Lifeboat has a very loyal customer base from all over the country, with multiple groups making an annual pilgrimage to the pub.

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining the relationship with the loyal customer base and continually driving wet sales. What would you look to implement in the pub?

The site currently has the ability to drive trade via regular karaoke entertainment, live entertainment and AWP machines. It offers a selection of popular beers, ciders, wines and spirits.

We're always open to new ideas, what would you do to drive trade?

If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring.

The right operator for the pub will have experience in a late night, busy town bar. They will have a clear vision for their entertainment offer, marketing strategy, and drinks menu and can create a memorable experience for their 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…

Features

  • Foundation Tenancy
  • Music Venue
  • Private Accommodation


Trading Area & Facilities

  • Main trading area with bar
  • Performing stage - visible from all areas of the pub
  • SmartDispense
  • Purpose built karaoke system


Private Accommodation

Private accommodation consists of 3 bedrooms, living room, kitchen, bathroom.

Pub Financials

Annual Rent £
39,683
Estimated Annual Turnover £
482,047
Deposit £
9,921
Estimated Fixtures & Fittings Value £
10,000
Estimated Stock Valuation £
7,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
30,921
Estimated Minimum Ingoing Costs £
14,307

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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