Are you looking to expand your portfolio in the hospitality industry? The Plungington Fulwood Is now available to lease.
The Plungington Fulwood is an extremely popular food destination pub located on the corner of the busy Lytham Road roundabout in Fulwood, Nr Preston. Fulwood is an affluent township in Lancashire which is the northern half of the city of Preston. The area has expanded significantly as it has been extremely popular with housing and business developers, including local, independent businesses
Pub Layout
The Plungington Fulwood is a wonderful detached building set on a corner plot benefitting from an impressive external space. You are welcomed into the pub through a traditional solid wooden door opening to the entrance hallway with steps up to the pub and a doorway in to the private accommodation. The main bar has a modern décor whilst innkeeping with the age and tradition of the building showing off the open fire and high, coved ceilings. The room includes a mixture of fixed and loose seating and high tables with bar stools. The bar itself is located within the heart of the pub servicing both areas. To the left there is a doorway taking you through the rear hallway providing access to the toilets, beer garden and the dining lounge. Although food is served throughout the pub the dining lounge provides a more formal feel with its solid wooden flooring and dining tables. There is a tucked away seating area located next to the bar with fixed and loose seating along with bar tables. Outside benefits from its very own bowling green, along with patio areas on different levels overlooking the bowling green with an additional 29 picnic tables. You will also find a wooden hut with fixed additional seating for all year-round use.
TRADING STYLE
The Plungington Fulwood is a well-established food pub offering a varied menu up to high standards. Along with the extensive food menu the pub also has a fantastic drinks offer, with a variety of continental lagers, cask ales and cider, a large wine list, a selection of soft drinks along with an ever increasing spirits offer. The pub involves itself within the community and utilises its size and space to host events such as carol services in the winter and Gin festivals in the summer.
ACCOMMODATION
Private Accommodation at The Plungington Fulwood is located on the first and second floor and is accessed through the entrance hall of the pub. On the first floor you will find: kitchen, lounge, bathroom, three double bedrooms and an office/single bedroom. Accommodation on the second floor is accessed via the landing of the private accommodation and is currently not in use.
FINANCIAL
Annual Rent: £25,000
Security Deposit: £5,000
Working Capital: £5,000 Stock:
£7,000 Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee. Training: £250 plus VAT
BDM VISION for The Plungington Fulwood
I am looking for an experienced licensee who is looking for their next venture. Experience in running a high end pub with a fantastic food offer, extensive drinks offer and managing and organising events is essential to making this business thrive. A high quality all round offer along with exceptional standards is an absolute must. This is a fantastic opportunity and the new licensee should be willing to give 100% at driving this business forward.
