Grange

407 Hoylake Road, Moreton, Wirral, Merseyside, CH46 6DQ

Gallery

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Pub overview

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.

Trade space
Bars 2
Car park spaces 20
Dining rooms 2
Food covers 75
Trade kitchens 1
Patio areas 1

The private accommodation is spacious and maintained to an average standard.

Private space
Private Rooms 10
Lounge 1
Single Bedrooms 2
Double bedrooms 3
Private Kitchen 1
Bathrooms 2

Rent information

Annual rent £40,500 per annum
Weekly rent £778.85 per week fixed
Notes

£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.*

Brokers £675 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £25,000 Working capital £10,000
Other costs £8,000 Total entry cost £50,650

Agreement description

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.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2017/18 473 2 10,054
2016/17 488 21 10,250
2015/16 534 8 11,353
Volume notes

Location

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.

Facilities

Trade bar
Car park
Dining area
Trade kitchen
Trade patio

Current premises licence opening hours

Mon -Sun: 10:00hrs-00:30hrs

Contact Us

Barrie Aspinall

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ A large red brick Pub located on a main arterial route just South of Moreton the Wirrall peninsular between Wallasey and Hoylake. The Pub has an impressive frontage, 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. Custom is derived from a strong local following and reputation for hospitality and great value food and drink. The Pub needs an experienced operator with great hospitality skills. ”