Run your own Pub - THE BONNY INN, Salesbury, Lancashire

6 days left

Location
Salesbury, Lancashire
Salary
Business Opportunity
Posted
18 Oct 2019
Closes
18 Nov 2019

PUB FEATURES

Strictly by appointment only through Fleurets Manchester office on 0161-683-5445.

Leasehold: For a term of a 15 years on full repairing and insuring terms with effect from 22nd August 2016 at a current rent of £65,000 pa.  There are 5 yearly rent reviews, the next review being in 2021.  There is a tie for the purchase of all wet products . The Landlord Company is Daniel Thwaites.

The Bonny Inn is situated in an attractive country village within the Ribble Valley. The premises fronts the main B6245, which runs between the busy A59 near Ribchester and the A666 near Wilpshire.
The property is located approximately 3 miles north of Blackburn, 1 mile south of Ribchester and 5 miles south west of Clitheroe. A substantial, extended 2 storey detached property with single storey additions either side. The property is part exposed stone, part rendered and painted beneath a multi-pitched roof.To the rear is a well-presented al ‘fresco dining area and beer patio terrace that looks out over the Ribble Valley. To the side is a surfaced and lined car park for circa 32 vehicles. To the front is a beer patio area, where customers can watch to world go-by.

Ground Floor
The main entrance opens into a well-presented open plan lounge bar that has a timber floor, fixed seating, timber tables and chairs and a bar servery. The area is used as an extension to the dining area and seats circa 30 covers.

Leading off is an impressive dining area that has circa 50 covers. The area has a part titled, part carpeted floor, fixed seating, timber tables and chairs and a feature fireplace.
Ancillary rooms comprise; state of the art catering kitchen with a walk-in fridge and a wash-up area. There is a mechanically cooled upland beer store. Ladies, gents and disabled customer toilets.

First Floor
The private living accommodation briefly comprises; 3 bedrooms, lounge, kitchen, office and a bathroom

TRADING STYLE

The Bonny Inn is a renowned country inn and destination food-house that is situated in an affluent country village setting within the Ribble Valley.

The pub is acclaimed for providing a traditional menu with a contemporary twist. It also offers a variety of local and region cask ales, premium lagers and a range of wines.

The business achieved a net turnover in excess of £957,000 in 2018 and a GP of 63%. We are advised the trade is split approximately 55% food sales, 45% wet sales.

The property was recently refurbished to a high standard throughout and now boasts; a beautifully-presented trading area with a lounge bar area, dining for circa 80 covers, a top of the range catering kitchen, and an al fresco dining area / beer patio with picturesque views of the Ribble Valley.

LICENCE

A premises licence prevails, the main licensable activities being:-

Sale by retail of alcohol for consumption on and off the premises:

  • Sunday to Thursday  10:00am to  12midnight
  • Friday to Saturday    10:00am till  1:00am

BUSINESS RATES & COUNCIL TAX

The property is in an area administered by Ribble Valley Council. The 2017 Rateable Value has been assessed at £108,000.
The domestic accommodation is within Band C for council tax purposes.

FINANCIAL

  • Guide Rent (exc. VAT))

    £65,000 (FRI Lease £120,000 Purchase Price)
  • Last 12 Months Trading Volumes)

    £957,000 net turnover in 2018
  • Type of Agreement)

    Leasehold: For a term of a 15 years on full repairing and insuring terms with effect from 22nd August 2016
  • Fixtures and Fittings Estimate)

    n/a
  • Security Bond)

    n/a
  • Stock & Glassware Estimate)

    n/a
  • Valuation Fees Estimate)

    n/a
  • TULIP Induction Course)

    n/a

ENERGY PERFORMANCE

Energy Performance Certificates (EPCs) are needed whenever a property is built, sold or rented.

An EPC gives a property an energy efficiency rating from A (most efficient) to G (least efficient) and is valid for 10 years.

You can download the EPC for this property by clicking on the icon or link below.

EPC Download

 

 

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Please can you confirm you have a minimum £10k un-borrowed funds?

Are you aware that this is not a job opportunity, but an opportunity to run your own business as a pub tenant?

Are you able to demonstrate the skills and experience necessary to run your own business?

Do you currently live in the UK


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