Lytham Road, Fulwood, Preston, Lancashire, PR2 8JE
The Withy Trees is a popular locals outlet on the outskirts of Preston. Mostly wet led, it has a good food offer and a large and popular beer garden and terrace to the rear. Set in a nice area of Preston with a good standard of private housing surrounding it the site has a established following.
The Withy Trees is well presented outlet in good condition following a refurbishment 3 years ago. Sitting just off one of the main roads in and out of Preston city centre, it is around a mile outside the city. Internally it is open plan wrapping around the bar and is zoned into distinct areas. The site has a good catering kitchen with all necessary equipment. There is a very large and popular beer garden and terraced area to the rear and a car park for 8 cars.
One wrap around bar serving an open plan outlet zoned into eating area, lounge and bar, the site is in good condition and was refurbished 3 years ago. There is a small sitting area to the front and a large beer garden to the rear. The catering kitchen is good with all the required equipment and there is a large ground level cellar.
|Car park spaces||8|
|Child play areas||1|
The living accommodation is large and in good condition.
|Annual rent||£38,500 per annum|
|Weekly rent||£740.38 per week fixed|
£38,500 per annum, £740.38 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. *Machine Income free of tie*
Entry Costs approx £47,300 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£25,000||Working capital||£8,000|
|Other costs||£6,650||Total entry cost||£47,300|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
In the Fulwood area of Preston, the Withy Trees is surrounded by private housing of a very good standard. Around a mile from the city centre just off the A6 and close to The Royal Preston Hospital the site is very well situated.