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Property details
The Wheatsheaf is located in Leyland. Leyland is a town in South Ribble, Lancashire, six miles south of Preston. The area has limited competition, there is only 1 other pub within a 10-minute walk of the Wheatsheaf, and is the closest pub to all the 200 new houses in a new development to the north of Leyland.
Following a full internal and external refurbishment, The Wheatsheaf will be transformed into a fantastic community pub.
Major investment will create a fabulous suburban pub that will cater to the local population. There will be multiple zoned areas which will all undergo refurbishment, the bar will be remodelled and a new pool room will be introduced to cater to the strong sports following the pub already has.
In addition, a fantastic external redecoration will enhance the pub’s kerb appeal with new signage and lighting.
The private accommodation consists of two bedrooms, a living room, a kitchen, a bathroom and an office.
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Cask Ale
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Team Games
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Pool Area
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Live Entertainment
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Live Sports
Trading style
The transformed Wheatsheaf will feature all the main sports attractions of Sky & BT plus regular events and live entertainment. The pub will attract a lot of the local wet trade, given that it is just a short walk from nearby housing developments and it will be the go-to pub to catch up over a drink. The landlords would like to see you bring your own ideas and flair to make the most of this great opportunity.
The stunning new look at The Wheatsheaf will attract a broad demographic from local customer groups to sports fans looking for a nice pub to watch live games and events.
The Wheatsheaf has the potential to be THE community pub in Leyland with competitively priced draught lagers, beers, and ciders with the best brands on the market. Non-drinkers will enjoy a great range of soft drinks and a simple coffee offer. All guests will be kept entertained through live sports with Sky & BT, pool, darts, and dominoes as well as quizzes, charity fundraisers, and live entertainment.
Key financials
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Reference Number:
8M9JTW / 0060497101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£34,108.00
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Annual Rent:
£22,432.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £22,432
Estimated Annual Turnover £331,079
Deposit £5,608
Estimated Fixtures & Fittings Value £20,000
Estimated Stock Valuation £5,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £34,108
Estimated Minimum Ingoing Costs £34,108
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.