Overview

Looking to run a pub?

The Union Exchange is a traditional drinks led pub which sits on the main High Street in the centre of Colne and is close to the daytime retail footfall and right on the main pub and bar circuit in the evenings. Colne is close to the larger town of Burnley and attracts lots of its population through the week, alongside attracting lots of the walk-to trade from the nearby housing in Colne.

This community pub is well known across the area for its entertainment, live music and late licence, so it is certainly a popular pub on the drinking circuit.

We will be investing in this pub to give it a fantastic new look and feel.

Business facilities

This is a large venue which offers two rooms, one with a bar, sports area with pool and one room more suited to functions. There is a 30-40 seat beer garden for the warmer months with a smoking solution and a car park with approximately 10 spaces – there is also a free public car park adjacent to the pub.

Accommodation

This comprises of 3 private bedrooms, a lounge, bathroom and private kitchen.

About the local area

Colne is a medium sized market town in Lancashire, within easy driving distance of Preston, Manchester and Leeds. The area has plenty going on with entertainment venues, music events and festivals and it is situated in the town centre nearby a busy high street which means there is plenty of passing trade immediately on its doorstep.

This pub may suit

We are looking for a good community operator who can run a team that can attract additional footfall through the day time via Sky Sports etc and is great at creating the right events to attract visitors to the town throughout the day and evening.

About the agreement

We love pub-obsessed entrepreneurs who help us to lead the industry. That’s why we aim to revolutionise how wet-led, small, community pubs in high street and urban locations operate. How? By offering irresistible pricing, investment, and a complete sports and entertainment package.

You’ll have high-quality support for your pub business from the start of your Management Partnership. We achieved Best Partnership Pub Company for 501+ sites at this year’s Publican Awards. In 2023, we achieved MIND Gold and won the Licenced Trade Charity Staff Wellbeing Award for 201+ sites.

Your journey with us will begin with the Progress with Punch award-winning one-week training course in our £1M academy with a state-of-the-art kitchen, two bars and a cellar. Then, your Operations Manager will give you what you need to succeed with a warm, community pub investment, full live sports coverage, great value drinks pricing, and a weekly entertainment calendar. You’ll be free to focus on your exceptional pub standards and consistently epic service.

But that’s not all. In addition to substantially investing in your pub and pricing your drinks competitively to help you build solid trade, we’ll also give you a significant entertainment budget. You’ll have the capital to drive new footfall with quizzes, bingo, karaoke, charity events, DJs, and live bands. Your sports offer will also be essential. So, we will provide Sky and TNT sports.

We will pay for all costs, other than the team labour costs, from 20% of your sales Management Fee. And you’ll have the marketing support needed to ensure your business flies. Your Operations Manager will be by your side, committed to visiting your pub two to three times every week.

Does this sound like you? Get in touch.

Financial Information

Initial ingoings
£500.00
Street Check
Click Here

Business Information

Forecasted Annual Wet Turnover
£416,380
Agreement
Management Partnership

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