Park Hotel, Blackburn

Located in the town of Great Harwood which sits approximately four miles from the centre of Blackburn, The Park Hotel is a detached building is surrounded by plenty of private housing and local businesses with several new housing estates currently being developed which are within walking distance. Great Harwood currently offers a bustling market every week as well as a monthly farmers market.  The Park hotel sits on the edge of the town centre on a busy main road into Great Harwood and it links the A680 to the M65 motorway.

Pub Layout

As you approach the pub from the front you will find the front seating area which is laid out nicely and attracts the sun, offering an inviting ambience. As you walk through the doors and into the restaurant, the bar is directly in-front of you with seating to the left which leads onto the large catering kitchen. To the right there is a walkway to the small bar area which makes an ideal space for televised sports, the ladies/gents toilets can be accessed from here. Externally, there is a car park for up to 20 cars.

Currently trade is 50/50 with food sales dependant on public holidays and weekends when it can be busier. The food offer is excellent with home-cooked pub traditional food and the current trade is based on this. The Park has an excellent wet trade with premium drinks offers and live televised sports which ensure the core of loyal regulars are kept happy and places The Park at the heart of the local community.

Private Accommodation

The private accommodation, located on the first floor consists of three bedrooms, lounge kitchen and bathroom.

Annual Rent: £24,000  

Security Deposit: £5,000

Working Capital: £7,000

Stock: £3,000

Fixtures and Fittings: To be confirmed upon valuation – funding options available for the right licensee.

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: £325 plus VAT

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

Admiral Taverns are looking for a licensee who will immerse themselves in the local community while prioritizing live entertainment, quality food, and sports. Offering good home-cooked food is a priority, so the ideal licensee should have a strong background in food service and a passion for delivering delicious, high-quality meals and have a good eye for menu planning. Alongside a passion for community and hospitality, the successful licensee should possess a strong marketing plan and have the ability to identify and capitalize on opportunities for growth and improvement.

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 – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two 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.  Please note, this only applies to pubs marked with an Asterix *