tenancy
Breightmet Fold Lane, Breightmet, Bolton, Greater Manchester BL2 6PP, UK
Approx. Total Ingoings
£6,500Annual Rent
£2,000The Withins is a large pub situated on the main road from Bolton to Bury, serving all the surrounding residents and the customers visiting the local shops directly across the road. The pub is popular particularly for the live sports and weekly entertainment on offer in the public bar and the events or private hire in the extensive function room. Both trading areas are in good condition throughout after an investment around four years ago. We are now looking for an experienced local publican who is skilled in operating a large business with multi revenue streams. A publican with catering skills with the capability of introducing a simple pub menu to make use of the trade kitchen on site would also be an advantage.
Private Accommodation: The private accommodation is spacious and is accessible from both the pub and a separate entrance. There are four bedrooms, a lounge and kitchen.
Indoor trading area
The pub is large and offers extensive space to operate as two separate trading areas, with the addition of bifold doors the well sized bar area and separate function room can be split offering two types of customers base at any one time. The bar area is decorated in modern style and is a popular spot for live sport and pub games including a pool table and a dart board. The function room which is available for hire is large and offers separate space for buffets, live music and charity events. There is an adequately sized trade kitchen which with some investment by the publican will encourage additional trade.
Outdoor trading area
There is an external seating area to the front of the pub that houses approximately ten picnic tables, this is a popular spot during the summer months. There is also a grassed area to the side of the pub which could accommodate a children’s play area.
Regional Manager Comments
The Withins is a large pub split into a bar and a large separate function room, the site needs someone local that can utilise local contacts and drive function room bookings. There is currently a good level of trade in the pub for live sports and the weekly entertainment, both of which should be continued by the new publican. This is a fantastic opportunity for an experienced publican who is skilled in operating a multi revenue business. The pub has a trade kitchen that with some investment could be utilised by introducing a simple food offer to drive further sales.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Cask Ale Live Sports Restaurant/Food
Approx. Total Ingoings
£6,500
Annual Rent
£2,000
Potential Turnover: £205,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £2,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £6,500 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £4,000 (excl VAT)
To be discussed with the Regional Manager.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
