407 Hoylake Road, Moreton, Wirral, Merseyside, CH46 6DQ
An opportunity to build upon an already a well established business.
This large community based business is available for an experienced operator to develop still further. The Pub has a strong reputation for traditional pub entertainment and great value food and drink. Televised sports, particularly football play an important part in delivering strong recurring revenues. Pub sports teams are also a key part of the Pub infrastructure. Its local custom derived from good local housing stock is supplemented by destination diners and weekend circuit drinkers. An experienced operator has an opportunity to build upon the already established food and drink business through great hospitality and standards.
The Pub has an impressive frontage and an outside drinking/dining terrace to the front and ample car parking to the rear. The pub is divided into two internally. There is a medium sized Public bar catering largely to televised sports viewers and pub sports participants, the larger lounge bar facilitates comfortable pub dining and regular weekend entertainment.
|Car park spaces||20|
The private accommodation is spacious and maintained to an average standard.
|Annual rent||£40,500 per annum|
|Weekly rent||£778.85 per week fixed|
£40,500 per annum, £778.85 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. Machine income free of tie.
Entry costs approx £50,650 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). *The F&F value is currently an estimate and will be available to purchase via an Assisted Purchase Agreement requiring an initial 25% deposit and weekly repayments thereafter.*
|Fixtures & fittings||£25,000||Working capital||£10,000|
|Other costs||£8,000||Total entry cost||£50,650|
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)|
The Pub is located on a main arterial route just South of Moreton on the Wirrall peninsular between Wallasey and Hoylake. The stature of the building means that it is highly visible to the high volume of passing traffic throughout the day.