Rose & Crown
Rose & Crown, Clitheroe, Lancashire, BB7 2BT
Overview
Trading Style
Financial
Energy Performance
Training & Development
Overview
Overview

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 separate dining area, private car park and full commercial catering kitchen. There is an attractive outside terrace.

Thwaites are looking for a tenant to partner with for this exciting investment. Successful candidate 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 estimated tenant profitability of £75,000p/a based on projected figures post investment.

 

Trading Style
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 which 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. 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 a occasion experience.

Mood boards & floor plans illustrate foundation ideas and concepts and are subject to change

Financial
Financial
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 Estimate
£700
Training
TULIP £450 (3 day course)
Energy Performance
Energy Performance

Energy Performance Certificates (EPCs) are needed whenever a property is built, sold or rented.

An EPC gives a property an energy efficiency rating from A (most efficient) to G (least efficient) and is valid for 10 years.

You can download the EPC for this property by clicking on the icon or link below.

EPC Download
Training & Development

TULIP – Thwaites Unique Licensee Induction Programme.

Our TULIP course is a three day course, based at our Head Office in Mellor Brook for those new to tenancies.

TLC – Thwaites Licensee Connection.

Our one day introduction day to Thwaites and key support people.

The TLC day is for experienced operators who have held a recent tenancy with a pub company or brewery.

Who to Contact
Rachel Thomas
Pub Recruitment Consultant
07854 999 400
rachelthomas@thwaites.co.uk
Area Manager’s Comments

"The Rose & Crown is already well established in the vibrant heart of Clitheroe. The investment will develop the pub into a superior multi income stream business with a high quality drinks, dining and food offer. Carolyn Goodwin."

Demographics

Clitheroe is a busy town with a wide variety of small and large businesses. The town is highly populated within a 500 metre radius of the pub, and there are new housing developments in progress. The demographic is a diverse mix of age and affluence. Events such as the food festival, famous markets and attractions such as the castle and various walking/hiking routes bring in an influx of tourists. Regular visitors from surrounding areas are attracted to shops, leisure and hospitality venues.

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