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Rigbye Arms High Moor


Star Pubs Leased & Tenancy


Location

Wigan, Greater Manchester | United Kingdom


Job description

Pub Overview

Food Led Destination Country Pub

The Rigbye Arms is a Destination Country Inn situated in a scenic location near to the village of Parbold and close to the M6 Junction 27. The pub is surrounded by rural housing.

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a strong food offer. The food offer should be a traditional British food offering with a focus on dishes sourced from the local area. As the pub is located in a rural area there is the opportunity to develop strong links to local farmers and promoting this as a key feature of the pub.

The site currently has the ability to drive trade via a strong food offer. It offers a selection of cask ales, a pub classic menu, and coffees. 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.
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

Trading Area & Facilities

Private Accommodation

Private accommodation consists of 1 bedroom, a living room, bathroom and a small utility room.

Pub Financials

Annual Rent £
26,586
Estimated Annual Turnover £
435,412
Deposit £
6,647
Estimated Fixtures & Fittings Value £
28,545
Estimated Stock Valuation £
3,200
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
41,892
Estimated Minimum Ingoing Costs £
8,916

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.


Job tags

Local area


Salary

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