FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Letting Rooms
FindMyPub.com
Car Park
FindMyPub.com
Restaurant/Dining
Property details
Rare Opportunity of multi-income stream business in central Clitheroe. The Rose & Crown is an imposing building in the heart of Clitheroe, close to Clitheroe Castle and other visitor attractions.
There will be a large brewery investment later in the year to refurbish all trading areas, letting bedrooms and private flat to a premium standard. This heritage category listed building benefits from 12 en suite letting bedrooms, a spacious lounge with a separate dining area, and a full commercial catering kitchen.
Externally there is an attractive outside terrace and a private car park.
The private accommodation details are to be confirmed.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Live Entertainment
Trading style
Trading style is currently a variety of clientele, including visitors, local customers, and people working in and around Clitheroe. There is a rotary club that holds luncheon meetings at the pub, a variety of repeat hotel guests, and various events throughout the year. The pub benefits from the many events and festivals held in the town. The food offer is currently limited to breakfast and lunch times. The elevated offer following the refurbishment will allow this already successful business to step up to another level and accommodate customers seeking an occasion experience.
The landlords are looking for a tenant to partner with for this exciting investment. Successful candidates will need a minimum of £50,000 capital to invest and relevant experience of running a similar business, preferably throughout a refurbishment. This is a fantastic opportunity with an estimated tenant profitability of £ 75,000 p/a based on projected figures post-investment.
Mood boards & floor plans illustrate foundation ideas and concepts and are subject to change.
Key financials
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Reference Number:
6IVL4K /
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£20,000.00
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Annual Rent:
£75,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Estimated Customer Profit based on Fair Maintainable Trade £80,000
Guide Rent (exc. VAT) In the region of £75,000p/a post investment
Last 12 Months Trading Volumes 178 beer and cider (36-gallon barrels)
Type of Agreement 5-Year Tenancy
Fixtures & Fittings Estimate £70,000+ post investment
Stock & Glassware £2000
Valuation Fees Estimated £700
Training TULIP £450 (3-day course)