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The Clifton Arms is one of only two pubs in the village of Wharton and is ideally located on the A584 from Blackpool to Preston and due to local businesses, has hundreds of visitors every day. The main bar houses a TV, dart board and pool table which is used by a local pool team. The lounge is flexible accommodating over 60 covers and offers dining and function space, plus entertainment and live music. There is a small room for 30 covers which is ideal for private functions. In addition, the pub boasts a fully equipped and operational kitchen, capable of producing a good food menu. There is a secluded beer garden to the front with seating for 20 people, a popular feature in the summer months. A second area to the rear has capacity for 40 plus. The Clifton Arms is a well-known destination for food and drink on the way too or back from the seaside, away from the noise of the tourist resort so is the perfect opportunity for the next publican.
The private accommodation includes three spacious bedrooms which could all house double beds, a large lounge on split levels with access onto a flat roof, a bathroom and a private kitchen. The rooms are well decorated and located above the pub with separate access to a rear private area and a secure door leading to the pub trading areas. The accommodation has central heating and is carpeted throughout.
Forecast Turnover: £557,631.14
Year 1 Rent: £0.00
Guide Rent: £38,000.00
Initial Deposit: £0.00
Full Deposit: £9,500.00
Full Tie Release: £34,500.00
Agreement Fee: £775.00
Repair Fund: £3,000.00
Fixtures & Fittings: £25,000.00
Working Capital: £15,000.00
Stock & Glassware: £4,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £322,761.18
Forecast Dry Turnover: £224,847.95
Forecast Other Turnover: £10,022.01
The Clifton Arms has a growing reputation for its food and wet trade and enjoys the benefit of a loyal established customer base predominantly local villagers and the business community of BAE Systems, Land Registry and Oaklands Leisure Park. The pub’s proximity to Preston and Blackpool increases the opportunity to attract significant passing trade. Stonegate is looking for a publican with food retailing experience to embrace the development of the pub’s retail proposition and add to the already vibrant trade.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
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Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
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MISREPRESENTATION ACT 1967
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