Back to Search results

Park Hotel

Blackburn, BB6 7SN

Your investment

£21,000

Agreement Type

Tenancy

The Park Hotel is a detached two storey building which under went an investment scheme in 2017. Located in the town of Great Harwood which sits approximately four miles from the centre of Blackburn, the pub is surrounded by plenty of private housing and local businesses with several new housing estates currently being developed which are within walking distance.  Great Harwood currently offers a bustling market every week as well as a monthly farmers market.  The Park sits on the edge of the town centre on a busy main road into Great Harwood and it links the A680 to the M65 motorway.

The Park Hotel is a detached two storey building which under went an refurbishment in 2017. Located in the town of Great Harwood which sits approximately four miles from the centre of Blackburn, the pub is surrounded by plenty of private housing and local businesses with several new housing estates currently being developed which are within walking distance.  Great Harwood currently offers a bustling market every week as well as a monthly farmers market.  The Park sits on the edge of the town centre on a busy main road into Great Harwood and it links the A680 to the M65 motorway.

Pub Layout

As you approach the pub from the front you will find the front seating area which is laid out nicely and attracts the sun, offering an inviting ambience. As you walk through the doors and into the restaurant, the bar is directly in-front of you with seating to the left which leads onto the large catering kitchen. The bar is very attractive with new pumps recently installed and an impressive wine selection. To the right there is a walkway to the small bar area which makes an ideal space for televised sports, the ladies/gents toilets can be located from here. Externally, there is a car park for up to 20 cars.

Current trade is 60/40 to drink but this does vary some weeks depending on Public Holidays and weekends when the food is busier.  The food offer is excellent with home-cooked pub grub (restaurant quality food) and the current trade is based on this. The Park has an excellent wet trade here due to the selection of beers, wines and spirits and the sports that are also on offer.

This pub has become the heart of the community in the 5 years the licensee has had it.

Private Accommodation

There is no private accommodation as this is a lock up operation.

Annual Rent: £32,000

Security Deposit: £8,000

Working Capital: 10,000

Stock: £3,000

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.

Admiral Taverns are looking for someone who will embed themselves into the local community and enjoys putting on live entertainment, offering good home cooked food, and wants to be involved with sports teams.  Good retail standards with the intention of delivering exceptional customer service is an absolute must!

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 – £28.01 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.


Keep up to date with vacancies

This field is for validation purposes and should be left unchanged.