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Run a Star Pub - Farmers Arms Burscough - Ormskirk
Salary not available. View on company website.
The Farmers Arms, Ormskirk, Lancashire
- Onsite working
- Full time
- Permanent
Posted today, 2 Jun
Job ref: 789119467e8d461cb23566de560f32ff
Full Job Description
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.
The Farmers Arms is located in the town of Burscough, close to Southport and right by the Leeds Liverpool canal. The pub is surrounded by rural housing., The pub benefits from being one of 3 pubs found in an area of around 1,100 adults. The local customer base is made up of mid-life and mature adults, making this a prime destination food outlet, with canal side views and outdoor seating.
- Catering Kitchen
- Outdoor Trade
- Private Accommodation Trading Area & Facilities
- Main trading area with bar
- Separate restaurant area with bi-folding doors with excellent views
- 135 internal covers
- 120 external covers
- Catering kitchen
- SmartDispense
- Patioed canal-side garden
- Car park with approx. 40 spaces Private Accommodation Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom and office. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £89,780 Estimated Minimum Ingoing Costs £17,791 Annual Rent £63,500 Estimated Annual Turnover £890,550 Deposit £15,875 Estimated Fixtures & Fittings Value £61,405 Estimated Stock Valuation £9,000 Estimated Working Capital £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.
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