Beer Garden
External Drinking Area
Restaurant/Dining
Property details
The Pleasant Retreat is a well-established pub at the centre of Lostock Hall, a suburb of Preston. The site benefits from its roadside location and proximity to the main shopping strip of the town. The residents of Lostock Hall tend to be maturing families on mid-range incomes, enjoying comfortable lifestyles.
Internally, this large red brick building has two separate trading areas each supported by one central servery. The main lounge has much more of a pub feel to it with a mix of loose and fixed seating to let you enjoy drinks with friends. The second trading area is more focused on pub games and has a pool table and darts board with several gaming machines. Further to this the pub has a catering kitchen which is currently not in use but represents a good opportunity for future growth.
Externally, the Pleasant Retreat is supported by an outdoor trading area, which has covered seating and a smoking solution and would benefit from some attention to then be an additional area of the pub to be enjoyed.
The private accommodation comprises a lounge, kitchen/dining area, bathroom, three bedrooms and a separate toilet.
Catering Kitchen
Team Games
Experienced Operator
Trading style
Whilst being a town centre pub, the Pleasant Retreat has a strong local trade and has had both pool and football teams previously. It has a strong following in the local area and is known to be part of the local community. The future vision for the Pleasant Retreat is to maintain the current wet trade whilst introducing a small food offer to take advantage of the catering kitchen.
The ideal licensee could be an experienced operator with a proven track record in running successful outlets of this type or someone new to the industry looking for their first step into running their own hospitality venue.
Key financials
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Reference Number:
8M9JTW / 0091377101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,056.00
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Annual Rent:
£14,225.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £14,225
Estimated Annual Turnover £236,173
Deposit £3,556
Estimated Fixtures & Fittings Value £8,000
Estimated Stock Valuation £4,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £19,056
Estimated Minimum Ingoing Costs £11,056
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.