Property Description

A £240,000 investment will transform the Ramsden Arms into a revitalised community pub at the heart of Blackpool. What would you do with this pub to make it a success? About the area Located on the edge of Blackpool’s central residential area, the Ramsden Arms is perfectly positioned to benefit from significant local development. Directly opposite, a £45m MOD building and a new student centre for 3,500 students are set to drive increased footfall and demand. With 6,570 adults living within walking distance, the pub already has a strong local base to build from. Historically a wet-led pub with a more mature audience, the Ramsden Arms has been closed and underperforming in recent years. However, this refurbishment will reposition it as a welcoming, modern community pub designed to attract a broader mix of customers - including families, younger professionals, and After-Work Socialisers. With only one nearby competitor, and that offering limited appeal, this is a standout opportunity to re-establish the pub as a go-to local destination. The offer The Ramsden Arms is available on our investment tenancy agreement. Click here for more information on this agreement. Please refer to the 'Refurbishment Details' section for details of the investment being made. Who we're looking for If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for Ramsden Arms will have extensive experience in running community-focused pubs. They will have a clear vision for delivering a strong drinks offer, creating a lively entertainment schedule, and building a marketing strategy that connects with both the local community and new audiences from nearby developments, and can create a memorable experience for their customers. If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

The refurbishment of the Ramsden Arms will cover both the interior and exterior of the pub. A full list of works and pub floor plan can be found in the Downloads section. The pub's trading area and facilities post refurbishment will be: Main trading area with bar Snug area Separate games/sports zone Approximately 80 internal covers Approximately 80 external covers Small patio garden HEINEKEN SmartDispense system Refurbished private accommodation (8 bedrooms) Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private accommodation consists of 8 bedrooms.

Premises license available on request.

Agreement Type

Investment Tenancy

Property Facilities

Refurbishment Planned Live Sports Pub Games Outdoor Trade Cask Ale Private Accommodation

Property Financials

Approx. Total Ingoings

£54,247

Annual Rent

£33,987

Additional Information

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.

A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

* 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
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
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.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

MISREPRESENTATION ACT 1967

My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.

The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.

Whether you’re new to the industry or you’ve got a portfolio of pubs, we’ve been helping talented publicans create amazing pubs for decades. Find out how we can help you meet your ambitions and take the next step.

Properties Nearby

Bridge Blackpool

tenancy

Bridge Blackpool

Blackpool

Star Pubs & Bars

Approx. Total Ingoings

£34,815

Annual Rent

£27,960
Plough Blackpool

tenancy

Plough Blackpool

Blackpool

Star Pubs & Bars

Approx. Total Ingoings

£4,000