Coach & Horses
164-166 Liverpool Road North, Maghull, Liverpool, Merseyside, L31 2HP
A large imposing site with great potential in an established area of Liverpool only 7 miles from the city centre. The site is selected for a potential investment and Greene King have allocated funds ready to improve the site and bring it back to its former glory.
The Coach and Horses is set behind a large beer garden, with good sized dining rooms served by one bar. With darts being a favourite, the pub has a modern set up for local teams to bring in trade. The site has also been earmarked for an investment and Greene King are ready to back the right person. There is a bookmakers in the rear car park and benefits from having substantial living accommodation.
The site has two main trading rooms. The large lounge area has a area for bands and entertainment, and has a fireplace and two toilets. The bar is smaller and has two more toilets. The bar splits the two rooms and serves both. There is a catering kitchen although it is not used every day.
|Car park spaces||70|
|Child play areas||1|
The accommodation is large and will be re-painted on investment.
|Annual rent||£17,400 per annum|
|Weekly rent||£334.62 per week fixed|
£17,400.00 per annum, £334.62 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £26,775 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). *Please note an assisted purchase may be available for the right operator and the F&F costs are shown as a 25% deposit and full cost is approx £16,500*
|Fixtures & fittings||£4,125||Working capital||£8,000|
|Other costs||£7,000||Total entry cost||£26,775|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
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)|
|Volume notes||No volume figures available for wines and spirits as site has been free of tie for these products.|
Maghull is an upmarket village around 7 miles north of Liverpool. The area is accessed on the A59 a major route in and out of the city and has easy access by train as well. The area has a number of other outlets most of which are upmarket establishments.