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Kings Arms Ulverston

KING STREET, Ulverston, Cumbria, LA12 7DZ

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Accommodation
Disabled Access / Facilities
Dogs Welcome
Entertainment
Function Room
Live Sport
Parking
Walks
Wi-Fi

Area Overview

Situated in a prime location in Ulverston, the Kings Arms is a popular pub.  Ulverston itself is a festival and market town in South Lakeland with a great range of specialised shops, cosy pubs and cultural hotspots.  Located in the Furness area of Cumbria, close to the Lake District and just north of Morecambe Bay, Ulverston is 8 miles east of Barrow in Furness and is renowned as the birthplace of Stan Laurel of Laurel & Hardy fame.  

Private Accommodation

The private accommodation is a self-contained flat with 2 bedrooms, lounge, kitchen and bathroom.

Property Address

Kings Arms Ulverston KING STREET
Ulverston
Cumbria
LA12 7DZ

Website

Kings Arms Inn

Pub location on map

Overview

** RECENTLY REFURBISHED PUB **  Fit for a King! The Kings Arms is a great community pub located in heart of the thriving market town of Ulverston. Spread over 3 floors this large, community pub already has a good wet trade & complementary food offer and a great reputation for showing live sport.  It also benefits from having a function room with its own bar, 6 comfortable letting bedrooms (not en-suite), catering kitchen, small car park and smoking area.  Robinsons are seeking a new licensee to take on this great community pub and someone who can immerse themselves into the local community and take the trade at this pub, post investment, to a new level.  

Trading Accommodation

The Kings Arms Inn has benefited from a full external decoration & signage scheme. Internally, the large bar has been tastefully revamped with a modern tiled back bar, showcasing the wide selection of drinks available; including premium spirits, wines and continental lagers. Making it one of the most striking features of the pub. The décor is contemporary with deep button leather banquet seating, so everyone can enjoy the best seat in the house! The cutting-edge lighting illuminates the pub creating the perfect mood for socialising and meeting new people. The walls throughout have been updated with traditional dado wall panelling and house of hackney velour floral fabrics and drapes, partnered with glossy Victorian ceramic wall tile designs in the newly refurbished bathroom areas. The pub benefits from a medium sized catering kitchen to the rear of the bar, a useful function room on the 1st floor that can hold up to 70 people, as well as 6 comfortable letting bedrooms (not en-suite). Externally, the Kings Arms has been decked out with new signage and an upgraded alfresco drinking area with comfortable seating, festoon lighting and a roaring open fire, creating the perfect atmosphere for casual evening drinks. In fact, you’d be forgiven for thinking you were still in the pub’s lounge, such is the warmth and comfort provided. 

 

Financials

Rent: £31,000 per annum
Potential FMT turnover: £468,105
  • Accommodation
    £N/A
  • Beverages
    £393,105
  • Food
    £75,000

Barrelage

A barrel is a unit of measurement adopted by the pub and brewing industry. A barrel is 36 gallons or 288 pints. This excludes wines, minerals and spirits.

FMT Barrelage 322
Current MAT Barrelage 201
Last Year's MAT Barrelage 205
2 Years Ago MAT Barrelage 234
3 Years Ago MAT Barrelage 264

Discounts excl VAT

This rent assessment includes a discount of £65 per barrel on Robinsons beers and up to £55 on other beers and ciders.

Level Of Investment

This is a one-off payment made at the start of the vacancy agreement. All figures are estimates and exclude VAT.

4 Week's Rent £2,835
Trading Deposit £5,000
Professional Fees £1,800
Stock & Glassware £5,000
Sub Total £17,108
Fixtures & Fittings TBC

Disclaimer

FMT barrelage: Please note that this assessment is based on the "fair maintainable trade" that can be achieved by a "reasonably efficient operator" and is not therefore a guarantee of volume or consequential sales or profit.

Similarly Historic performance, whilst a significant factor to consider, is not a guarantee of future performance of a pub and you should bear this in mind in your assessment of trading potential.

Please complete our short and simple form below to send us your enquiry. We'll get back to you as soon as possible.

This form is for tenanted vacancies. If you are interested in managed opportunities please check out our careers page.

Contact Details
Enquiry
We'd love to hear from you! Whether you're new to the industry and looking for some guidance/information, or you're a cask ale connoisseur, we're sure to have a pub that's just right for you. Please use our enquiry form and we'll get back to you as soon as possible. Alternatively, call us on 0161 612 4112.