Property Description

The Rose & Crown is located in the town of Chorley, close to Chorley Town Centre. Located in a highly populated part of Chorley, with more than 11,000 adults living within a 20-minute walk radius, The pub is surrounded by residential housing, businesses and hotels. Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in cementing it’s place as the heart of the community for live sports, charity events and entertainment. The Rose & Crown also benefits from a quirky outdoor barn area that can be used for functions. The pub currently has the ability to drive trade a selection of pub games, such as pool and darts. It offers a selection of popular beers, ciders, wines and spirits, cask ales and AWP machines as an additional income source. What would you look to implement in the pub? 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 Ability to engage with customers from behind the bar 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…

Main trading area with bar Quirky Barn area for functions Pool Table Darts Board HD Projector for Live Sports 100 total covers Small commercial kitchen SmartDispense Outdoor trading area  - with heated lamps and TVs for sport

Private accommodation consists of 3 bedrooms, lounge, kitchen and bathroom. One of the bedrooms could be utilised as an office depending on tenant's needs.

Agreement Type

Foundation Tenancy

Property Facilities

Kitchen Function Room Live Sports Live Music Private Accommodation Outdoor Trade Pub Games

Property Financials

Approx. Total Ingoings

£9,134

Annual Rent

£19,612

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.

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.
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

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.

Whether you’re new to the industry or you’ve got a portfolio of pubs, we’ve been helping talented publicans create amazing pubs for decades. Find out how we can help you meet your ambitions and take the next step.

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