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.
Trade at the Smiths comes from the local villages and towns, it also benefits from passing trade. Offering a popular home cooked menu, the pub has a great reputation within the local area. Various events are held throughout the year including live entertainment, food offers, family fun days and charity events. Live Sports is shown and is popular with customers. Thwaites will be paying for Sky Sports for 5 years.
*Funds are available, should the successful applicant want to slightly re-position the offer (away from sport and into food).
Guide Rent (exc. VAT))£43,000 includes Sky Sports paid for 5 years
Last 12 Months Trading Volumes)178 beer & cider (36 gallon barrels)
Type of Agreement)5 year tenancy
Fixtures and Fittings Estimate)£30,000
Stock & Glassware Estimate)£4,000
Valuation Fees Estimate)£500
TULIP Induction Course)£399 TULIP / £150 TLC one day for experienced operators + VAT
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Whether you are an experienced Licensee or new to the industry, we provide the relevant introduction and/or
training to suit your level of experience and help you achieve success in running your own pub
Together with our training partner Innfluential we
have a strong commitment to training our Licensees and our team of staff.
Our Training Courses.
TULIP – Thwaites Unique Licensee Induction Programme.
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.