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Brook Tavern, Preston

Brook St, Fulwood, Preston PR2 3AH

Your investment

£9,250

Agreement Type

Tenancy

The Brook Tavern is a detached historical three storey pub, nestled nicely in amongst an abundance of chimney pots and local businesses. Situated just off the main Blackpool Road, linking Preston to Blackpool, this provides the pub with additional footfall of a high abundance of passing traffic daily, not only on foot, but by car and public transport. 

The Brook Tavern is a detached historical three storey pub, nestled nicely in amongst an abundance of chimney pots and local businesses. Situated just off the main Blackpool Road, linking Preston to Blackpool, this provides the pub with additional footfall of an abundance of passing traffic daily, not only on foot, but by car and public transport.  The pub also benefits from having a park over the road, attracting families and walkers alike.

Pub Layout

The Brook Tavern is an impressive looking pub and has a huge amount of kerb appeal. Internally you have a large amount of space to work with which is split into three main trading areas, all serviced by the same bar which is located in the heart of the pub. On entry to the left, you will find a relaxed seating area, ideal for diners with a mixture of fixed and loose seating. To the right there is the main bar lounge, still catering for diners, however more of a bar feel with higher stools and seating. Through to the rear of the pub you will find the well loved games room which houses a pool table a darts board attracting in teams of all ages. Externally there is a large car park to the side of the pub providing parking for approximately twenty vehicles. There is also a good sized beer garden located to the rear of the pub providing additional seating for drinkers and diners in the sunnier months.

The Brook Tavern is a great community local, with the charm to attract clientele of all ages. There has been a food offer here in the past, however is no longer moving forward and this is something that we would be looking for the next operator to re-introduce. The pub has regular teams visiting and utilising the games room to the rear of the pub. Entertainment has also proven popular throughout the week and weekend evenings.

Private Accommodation

The private accommodation is located on the first floor of the pub and is in reasonable condition. This comprises of three good sized bedrooms, kitchen, living room and a bathroom. There is a second floor, however this is not in use.

Annual Rent: £11,500

Security Deposit: £5,000

Working Capital: £2,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

I am looking for an inspired operator who has the vision and enthusiasm to take this already well loved pub to the next level with a great, hearty honest food offer and a great drinks selection. The footfall in the area is huge and there is a market that could easily be tapped into, with keeping the loyal regulars happy at the same time. Ideally I would be looking for someone who has experience and success in running bigger venues with a mixed offer of food, drink and entertainment.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.

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