Property Description
The Eagle & Child is located in centre of the market town of Garstang, close to Preston & Lancaster. This popular pub is situated on the main high street, surrounded by shops and other pubs. The Garstang Market itself is held in the streets outside the front door, providing great potential for passing trade. The Eagle & Child is part of a healthy circuit of pubs, frequented by shoppers, locals, friends looking for a good night out and the community for charitable events.
Available on our Foundation Tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a competitive wet-led offer and offering a good range of cask & craft. What else would you look to implement in the pub?
The site currently has the ability to drive trade via a selection of pub games, such as pool, and darts, live entertainment, live sports & AWPs. It offers a selection of cask ales, popular beers, ciders, wines, spirits and bar snacks.
There is also a further opportunity for an entrepreneurial operator to develop the 4 upstairs letting rooms that would drive perform well on sites like AirBnB.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
Understanding of the local community
Understanding of how to build a successful business
The ability to recognise opportunities to develop extra revenue streams.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Open trading area
Dedicated Sports Area
Fireplace
70 internal covers
25 external covers
Space for a kitchen to develop a small food offer
SmartDispense
Potential for 4 letting rooms
Patioed outdoor trading area to the rear. Click or tap here to enter text.
Car park with 20 spaces
Pool Table
Darts Board
Private accommodation consists of 2 bedrooms, bathroom, a living room and kitchen.
Premises License available upon request.
Agreement Type
Foundation Tenancy
Property Facilities
Letting Rooms
Live Sports
Pub Games
Cask Ale
Private Accommodation
Property Financials
Additional Information
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.
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
* 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
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
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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.
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