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Run a star pub - anchor inn colne - colne

Colne
Star Pubs Leased & Tenancy
€350,000 a year
Posted: 3 November
Offer description

Pub Overview

Major refurbishment to charming canal-side pub. The Anchor Inn is a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential. What would you do with this pub to make it even more of a success?

The Area: The pub benefits from being one of five pubs found in an area of around 820 adults. The mature and affluent customer base is made up of young, midlife and mature adults. Salterforth is a small, premium village located between Barnoldswick and Colne. The Anchor sits beside the Leeds Liverpool Canal with a small marina and canal boat turning point opposite. This beautiful location is popular with walkers and offers virtually no local competition.

The Offer: The pub is available on our investment tenancy agreement. This is a fantastic little pub full of character. Once refreshed, it should become the heart of the local village and a destination for walkers, cyclists, and canal boaters. A great opportunity for someone to serve simple home cooked food in a premium local.

We’re always open to new ideas - what would you do to drive trade? 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.

Special Offer - unlike standard terms for Investment Tenancies, we are offering the option to rent the Fixtures & Fittings with three months’ deposit.

Features

* Investment Tenancy
* Refurbishment Planned
* Catering Kitchen
* Childrens Play Area
* Car Park
* Cask Ale
* Outdoor Trade
* Private Accommodation

Trading Area & Facilities The Anchor Inn will be undergoing a refurbishment which will cover the internal and external decoration of the pub. The pub’s trading area and facilities post refurbishment will be:

* Main trading area with bar
* 48 internal covers
* Small kitchen (currently redundant but can be brought back into use)
* HEINEKEN SmartDispense
* Garden area by the canal
* Car park

Private Accommodation Private accommodation consists of two bedrooms, living room, kitchen and bathroom.

Pub Financials Estimated Total Ingoing Costs: £42,846. Estimated Minimum Ingoing Costs: £14,146. Annual Rent: £26,585. Estimated Annual Turnover: £410,981. Deposit: £6,646. Estimated Fixtures & Fittings Value: £29,700. Estimated Stock Valuation: £4,000. Estimated Working Capital: £3,500.

Downloads

* Demographics Report
* Energy Performance Certificate
* Refurbishment Details
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