Run a Star Pub - Railway Leyland - Leyland

The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their entertainment offer, food & drinks menu and marketing strategy and can create a memorable experience for their customers.

• 25% rent reduction will be applied to first 12 months following completion of a fully signed lease agreement (5 years England & Wales, 3 years Scotland) on selected properties only. No cash alternative is payable.
Features
• Foundation Tenancy
• Function Room
• Live Sports
• Music Venue
• Pub Games
• Car Park
• Cask Ale
• Outdoor Trade
• Private Accommodation
Trading Area & Facilities
• Main trading area with bar
• Defined sports area
• 2 pool tables
• 8 Big Screen TVs
• Gaming machines
• Darts boards
• Lift to upstairs function room
• Late night license
• Separate dining room
• 400 + internal covers
• 150 external covers
• Good Quality kitchen with walk in freezer
• Function room for 100 people
• Large Cellar with SmartDispense
Private Accommodation Private accommodation at the Railway consists of 1 bedroom, living room, bathroom, kitchen and office. Pub Financials Pub Financials Icon With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs range from
• :
£11,013 - £46,040 Annual Estimated Annual Turnover £592,354 Annual Rent £30,161 Entry Costs Deposit
• Deposit build up from 1 month rent
£7,540
• Estimated Fixtures & Fittings Value
• Rented fixtures & fittings deal available
£30,000
• Stock Valuation £5,000 Working Capital Required £3,500 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.