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Running Horses, Wigan

Wigan, WN5 7AA

Your investment

£10,000

Agreement Type

Tenancy
  • Strong, established community local.
  • Ideal starter pub.
  • Beer garden.

The Running Horses is based in Orrell which is a suburb of Wigan in the Metropolitan Borough of Wigan, Greater Manchester, there is a population of approximately 11000, located just off the M6 with good rail links to Manchester it is a bustling community. Within the area are a number of primary and secondary schools with Sir John Rigby College to the northern edge of Orrell. To the south there is Orrell Waterpark which has become very popular with walkers, fishermen and picnickers.

The pub is situated in a great location with plenty of passing trade. This is a wet led community local with a good reputation, and sits at the heart of the town. There is a potential to develop a food offering and catering for events.

Pub Layout

When you walk into the pub you will see two smaller rooms to the left, one of which is a cosy seated area with a dart board and games machine, the second is currently housing the pool table. From this area you can access the kitchen and the gents toilets. The rest of the pub is a large open plan seating area, with the bar being at the centre its is very welcoming and well lit, offering a friendly atmosphere. There is plenty of both fixed and loose seating with eclectic furniture in keeping with the cosy style of the pub. To the far right is where you would access the ladies toilets and the private accommodation.

The pub is carpeted with a tiled section around the bar, here there are also bar height stools allowing seating all the way around the bar and a number of TV’s throughout show sports events and news creating a great atmosphere for all sporting occasions. To the rear there is a beer garden with seated areas which is accessed off the main bar area.

This is a wet led pub with the option of food, there is scope to develop a back bar snack menu and catering for events. Great selection of beers, lagers, cocktails and spirits.

Good rhythm of the week with various activities and events such as fundraisers, quizzes and karaoke evenings with drinks promotions running. This is a heavily community focussed pub.

Private Accommodation

The private accommodation offers 3 bedrooms, living room, kitchen, office and bathroom.

Annual Rent: TBC

Security Deposit: £5,000

Working Capital: 3,000

Stock: £2,000

F&F: Funding options may be available for the right licensee

Training: £325 plus VAT

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

Admiral Taverns are looking to work with an experienced licensee or couple who can put their own ideas into the business, attract customers from further afield, have a strong marketing plan and have the desire to grow the business in ensuring it stays part of a community and make this the “go to” pub for the local community.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

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 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.


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