Are you looking for pub tenancy in the Longridge area ? Why not run The Old Oak Hotel as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Old Oak Hotel is Now Available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Pub Tenancy In Longridge – The Old Oak Hotel Is Now Available !
The Old Oak, it’s a delightful, longstanding wet-led pub acting as the hub of the community and a home away from home, and is located in the small village of Longridge on the edge of the beautiful Ribble Valley. Our Demographics report shows that within a 10 minute walk time there are some 1,619 Adults who are 18 plus and within a 20 minute walk time that number increases to 4,960.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pub Tenancy In Longridge – The Old Oak Hotel Is Now Available !
Delightful Pub Business
The Old Oak, it’s a delightful, longstanding wet-led pub acting as the hub of the community and a home away from home, and is located in the small village of Longridge on the edge of the beautiful Ribble Valley. Our Demographics report shows that within a 10 minute walk time there are some 1,619 Adults who are 18 plus and within a 20 minute walk time that number increases to 4,960.
Situated on the fork of Preston Road leading into Longridge, the pub attracts an abundance of guests from all ages, participating in a game of pool, darts or watching the huge screen TV showing all the major sporting events daily.
A constantly refreshed series of Cask Ale pumps line the bar for the real ale enthusiast whilst Birra Morretti provides the lager lovers with something a little extra. More refined and ice cold, world bottle beers further your options. Our wine list introduces new world wines to your palette – like New Zealand Sauvignon Blancs and Argentine Malbecs alongside the more familiar Pinot Grigios and Chiliean Merlots. The drinks selection is completed by their wide range of Spirits along with a broad range of Soft Drinks, Ciders, Lagers and Beer, however the pub is most famous for, the perfect pint of Cask Ale.
Champion Your CommunityWe are seeking an enthusiastic and creative operator to take on the Old Oak Longridge. With your knowledge of the local area, ambitious attitude and passion for service you will grow your business in partnership with Star Pubs & Bars.
Business Development Manager Vision
The Old Oak has become a favourite meeting place over many years and is a very relaxed pub in the town of Longridge. It’s undoubtedly one of the most popular pubs for miles around. Primarily a sports-led pub and would suit a keen operator with a good knowledge of the local area, the community and the locals.
This is a place where the landlord knows your name and your regular tipple, and even your dog’s favourite biscuit treat. This is why, the success of this pub will continue to grow from strength to strength and will suit the right Operator who wishes to drive this well-established business and who possesses the ambition along with the strong backing and support from one the UK’s leading Pub Companies in Star Pubs & Bars.
Features
FOUNDATION TENANCY
PUB GAMES
CAR PARK
CASK ALE
OUTDOOR TRADE
PRIVATE ACCOMMODATION
MONTHLY BILLING
WEEKLY BILLING
Trading Area & Facilities
The pub has benefited recently by an internal refurbishment and hosts a fresh and spacious interior with parking available directly in front of the pub for all visitors.
The pubs’ atmosphere is very inviting and they offer a warm and friendly welcome to all customers, both young and old, including man’s best friend, their beloved dogs, making it a great place for everyone. This is a one bar operation with comfortable seating throughout. For additional entertainment there is a pool table and dart board.
An additional income stream is provided via Gaming Machine.
Externally the Old Oak caters for all events and boats its own private beer garden to the side of the property.
Private Accommodation
The private accommodation at the Old Oak has a lounge, kitchen, bathroom and two bedrooms. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Premises Licence Details
Please refer to Premises Licence for full details.
Pub Tenancy In Longridge – The Old Oak Hotel Is Now Available !
Annual Rent £ 15,217
Estimated Tenants Annual Operating Profit £ 16,216
Representative HEINEKEN UK Brand Discount Per Barrel £ 160
Estimated Annual Turnover £ 252,928
Estimated Annual Barrelage
£ 206
* 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
Your Investment
Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £ 15,000
Estimated Fixtures and Fittings Valuation Fee £ 250
Estimated Stock Valuation £ 5,000
Deposit Amount £ 3,804
Rent in Advance £ 293
Training Fee £ 425
Estimated Designated Premises Supervisor / Manager Fee £ 50
Premises Licence Fee £ 180
Rates Assessment Fee £ 55
Estimated Legal Fees £ 650
Estimated Total Ingoing Costs £ 25,707
Estimated Minimum Ingoing Costs £9,903
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £ 1,104
Estimated Annual Maintenance Compliance Charge £ 1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £ 4908
Estimated Annual Repairs Fund £ 1300
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor – your solicitor’s fees are not included in the above estimate
Pub Tenancy In Longridge – The Old Oak Hotel Is Now Available !
Champion Your Community
We are seeking an enthusiastic and creative operator to take on the Old Oak Longridge. With your knowledge of the local area, ambitious attitude and passion for service you will grow your business in partnership with Star Pubs & Bars.
