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Read the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required.
Large Leyland Local for Lease
The Railway is located in the town of Leyland, close to Preston. Located within walking distance of the railway station and Leyland town centre, there’s a large footfall opportunity. A highly popular pub for events, weddings & festivals. The pub is surrounded by housing and opposite a new Tesco extra, providing an opportunity for daytime trade.
Massive Potential
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub is massive, with an endless stream of revenue opportunities across day time trade, lunch and evening meals, night time entertainment and function hire. It offers a selection of popular beers, ciders, wines and spirits, cask ales, and scope for any food offer.
We’re always open to new ideas, what would you do to drive trade?
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.
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
- 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
Annual Rent £
30,161
Estimated Annual Turnover £
592,354
Deposit £
7,540
Estimated Fixtures & Fittings Value £
30,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
46,040
Estimated Minimum Ingoing Costs £
11,013
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.
