Disabled Access / Facilities
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.
The private accommodation is a self-contained flat with 2 bedrooms, lounge, kitchen and bathroom.
Kings Arms Ulverston
** 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.
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.
Rent: £31,000 per annum
Potential FMT turnover: £468,105
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.
|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|
|Stock & Glassware||£5,000|
|Fixtures & Fittings||TBC|
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.