The Wheatsheaf is located in Failsworth which is a town in Greater Manchester, 3.7 miles northeast of Manchester and 2.9 miles southwest of Oldham. The orbital M60 motorway skirts Failsworth's eastern boundary creating accessible transport links across the North West along with a Metrolink tram service from Failsworth Metrolink station on the Oldham & Rochdale Line. Situated on the main road through Failsworth, the Wheatsheaf is surrounded by local shops and businesses along with a high density of houses.
On entering through the front door, you are welcomed into an open plan lounge/bar area with the bar servery centrally located servicing all areas. This area has comfortable seating and can seat up to forty covers. To the left hand side of the pub there is a games area, complete with pool table and darts board. Surrounding the bar servery are a number of stools and space for vertical drinking, this is where a lot of the locals tend to gather. There is also a small catering kitchen situated on the right hand side of the pub opposite the bar servery, ideal for a basic food menu. Externally, to the front, there are a number of wooden picnic benches for external drinking in the warmer months. There is also a quaint, enclosed drinking area to the right hand side of the pub with additional seating and benches and a smoking solution with both heat and light.
The private accommodation is located on the first floor and is in reasonably good order. This consists of four good sized bedrooms (one room can be used as a dining room or a bedroom dependant on individual requirements) lounge, kitchen and bathroom.
Annual Rent: £31,850
Security Deposit: £5,000
Working Capital: £2,000
Stock: £2,000
Fixtures and Fittings: To be confirmed upon valuation – funding options may be 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: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
I am looking for applicants who have local knowledge and can demonstrate their drive and passion to develop this fantastic community pub. Good standards will also be key as well as having the skills to promote the business through marketing and social media. They will also have the skills to re-introduce food as this has been offered in the past however re-introducing this could provide additional income to the business.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
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
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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