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Run a Star Pub
4 months ago
Popular Pub, Perfect Pint
Located on the Towngate in Leyland is where you will find the Fox & Lion, Leyland, a real popular local. With a great catchment area made up of families and mature couples making this a great opportunity for someone with bags of personality to further enhance this already successful business. A great reputation for being the place to be for entertainment, Live Music and Events along with Live Sports.
Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a strong wet-led offer along with live sports and entertainment for guests.
Big Personality, Community Leader Wanted
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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
- Live Sports
- Pub Games
- Cask Ale
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities
Internally, the Fox & Lion has a large open plan trading area with a public bar and a defined area that’s used for pool and pub games. Traditional in its furnishings and finishing’s with comfortable seating throughout.
Externally there is an outdoor trading area with a selection of wooden benches.
Private Accommodation
The private accommodation at the Fox & Lion consists of three bedrooms, kitchen, lounge and bathroom.
Pub Financials
Annual Rent £
16,486
Estimated Annual Turnover £
272,894
Deposit £
4,122
Estimated Fixtures & Fittings Value £
7,305
Estimated Stock Valuation £
3,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
18,927
Estimated Minimum Ingoing Costs £
8,874
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.
