142 Leyfield Road, Liverpool, Merseyside, L12 9HB
Great opportunity to run a local community pub.
The Bulldog sits on a prominent corner location, opposite a 6th form centre and backing onto a large housing area. With a parade of small shops and a shared car park, it’s in an ideal spot to take advantage of the busy neighbourhood comings and goings to build trade and expand the food side of the business.
The pub has a large single bar area that makes it easy to operate and has concentrated on serving value-for-money drinks, relying on sports to keep people interested. The food side of the business has been limited, but with a fully operational catering kitchen, you could expand sales in this area and help to grow day trading too. The Greene King Food & Supplies Service can provide everything you need to make food easy – including menus, crockery, ingredients training and even marketing materials to help sell it.
|Car park spaces||15|
The private areas are in good condition and large enough to accommodate a family.
|Annual rent||£37,000 per annum plus 6.5% Turnover Royalty|
£37,000 per annum, £711.54 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £31,275.00 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Existing fixtures & fittings circa £10,000, but additional funds will be required for fixtures and fittings to go with the investment refurbishment.*
|Fixtures & fittings||£10,000||Working capital||£8,000|
|Other costs||£5,000||Total entry cost||£31,275|
Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A 5 year, fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Greene King is responsible for the structure of the building.
• Ability to end agreement with 6 months’ notice and payment of a Standard Notice Fee (3 months’ basic rent). Notice can be served
at any time.
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
The pub is on a corner location and next to a mini supermarket, so it’s in an ideal position to attract passing trade. Housing in the area is modern (60s/70s) and mostly semi detached with surprisingly high levels of ownership. Employment is high, mostly working in supervisory or semi-skilled roles. As you would expect, because the pub is next to schools, colleges and a sports centre, many people work in these industries.