Smiths Arms
Lea Lane, Lea, Lancashire , PR4 0RP
Overview
Trading Style
Financial
Energy Performance
Training & Development
Overview
Overview

The Smiths is situated in the small village of Lea Town, Preston. An attractive building with great access links to Preston city centre and the motorway. There is a central bar which is surrounded by various areas for drinking and dining, with further dining areas down the stairs to the right, including two booths. There is a fully equipped catering kitchen and open fires. Living accommodation consists of 3 bedrooms, lounge, kitchen and bathroom. At the rear there is a large car park and a well maintained beer garden to the right of the property.

Trading Style
Trading Style

Trade at the Smiths comes from the local villages and towns, it also benefits from passing trade. Offering a popular home cooked food menu. Various events are held throughout the year including live entertainment, food offers, family fun days and charity events. There is a quiz every other Tuesday and Bingo every other Wednesday.

Financial
Financial
Estimated Customer Profit based on Fair Maintainable Trade
£31,000
Guide Rent (exc. VAT)
£15,600 per annum ex vat based on a full tie
Last 12 Months Trading Volumes
131 beer and cider (36 gallon barrels)
Type of Agreement
5 year tenancy
Fixtures and Fittings Estimate
Coming soon
Security Bond
£5,000
Stock & Glassware Estimate
£8,000
Valuation Fees Estimate
Between £800-£1,200 (Shared with the outgoing tenant)
TULIP Induction Course
£399 TULIP + VAT
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

""Set between the villages of Newton with Scales and Cottam, the pub is a charming property which needs an accomplished couple to develop food sales and to further improve wet sales. Would ideally suit operators who want to be part of the local community." Paul Murphy ABM"

Demographics

Predominance of consumers are aged between 18-84, have an average to high level of affluence and are seeking a venue that offers great quality food.

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