tenancy
Wellgate, Clitheroe BB7 2DS, UK
Approx. Total Ingoings
£12,500Annual Rent
£20,000The Dog is a well-established hot spot in the town centre of Clitheroe, Lancashire offering a sports focused bar during the day and a late-night music and dancing venue by night. Situated in a popular location with large amounts of passing trade from the nearby shops and local amenities, the bar offers a large open plan trading area with plenty of seating and space for dancing. There is an unused bar located upstairs which can be used to drive additional revenue including private function hire or transformed into a restaurant area. The bar also offers external seating in the front and rear beer gardens for guests to enjoy drinks alfresco in the summer months. Stonegate Pub Partners are now looking for a hands-on entrepreneurial operator who has good local knowledge of the town and the local businesses. The outgoing publicans have established the Dog as a late-night venue for many years, so the new publican can decide to build on its already good reputation or take the bar in a new direction.
Private Accommodation: The private accommodation comprises of three bedrooms, a living room, bathroom, and kitchen.
Indoor trading area
On entrance to the pub you are welcomed by one large open plan trading area which has a large serving bar, a DJ stand, TV’s for sports viewing, a dancing area and plenty of loose furniture and seating. There is an unused upstairs bar which could be used as it is or be converted for other use such as a restaurant, function room or letting accommodation.
Outdoor trading area
There is an intimate outside area to the front of the property with picnic tables which is very popular in the summer due to its high-profile position. There is a larger area to the rear of the building which would make an ideal space for a more upmarket external drinking space.
Regional Manager Comments
The Dog is a well-established hot spot in the town centre of Clitheroe, Lancashire offering a sports focused bar during the day and a late-night music and dancing venue by night. Situated in a popular location with large amounts of passing trade from the nearby shops and local amenities, the bar offers a large open plan trading area with plenty of seating and space for dancing. There is an unused bar located upstairs which can be used to drive additional revenue including private function hire or transformed into a restaurant area. The bar also offers external seating in the front and rear beer gardens for guests to enjoy drinks alfresco in the summer months. Stonegate Pub Partners are now looking for a hands-on entrepreneurial operator who has good local knowledge of the town and the local businesses. The outgoing publicans have established the Dog as a late-night venue for many years, so the new publican can decide to build on its already good reputation or take the bar in a new direction.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Cask Ale Live Sports
Approx. Total Ingoings
£12,500
Annual Rent
£20,000
Potential Turnover: £259,000 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: £20,000 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: £12,500 (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: £15,000 (excl VAT)
To be discussed with the Regional Manager.
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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.
