Investment Planned

Halton Castle

86 Mill Lane, West Derby, Liverpool, Merseyside, L12 7JD

Gallery

(Click to enlarge)

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Pub overview

A fantastic opportunity to take control of this well established high volume community pub available with planned internal and external cosmetic investment. An ideal opportunity for an experienced community wet led operator to build upon already strong trade driven by great hospitality, TV Sports and traditional pub entertainment and events.

The Halton Castle is a well known community pub in the heart of West Derby village to the East of Liverpool. Built upon great hospitality, community involvement, TV sports and entertainment, the pub experiences strong regular footfall from both the residential population, weekend circuit drinkers and event driven footfall. Operating as a wet only offer, range and value are key to retaining the current footfall and building upon it through further development of the offer delivered through great service and hospitality.

The pub has a traditional mutli room lay out offering 4 distinct drinking areas serviced by a single horseshoe shaped bar. Externally the pub has a small garden to the front that is popular as a drinking area in summer months, there is also a well developed outside drinking terrace to the rear with a smoking shelter and potential to develop an outside bar. There is a car park to the side of the pub with space for roughly 20 vehicles.

Trade space
Bars 1
Car park spaces 20
Gardens 1
Patio areas 1

The private accommodation is presented to a reasonable standard currently, it would benefit from a cosmetic decorative upgrade. It is compact but more than adequate for a couple or small family.

Private space
Private Rooms5
Lounge1
Double bedrooms2
Private Kitchen1
Bathrooms1

Rent information

Annual rent£43,150 per annum
Weekly rent£829.81 per week fixed
Notes

£43,150 per annum, £829.80 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 £27,650 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). *Please note a larger deposit would be required to secure credit terms and an Assisted Purchase agreement is available to support purchasing the F&F which will require a 25% deposit.

Brokers£675Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£12,500Working capital£5,000
Other costs£2,500Total entry cost£27,650

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

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2017/1852344,109
2016/1754964,382
2015/1658643,806
Volume notesThe forecast volume reflects the proposal for GK to spend circa £20,000 re-presenting the exterior of the pub and circa £45,000 improving the internal cosmetic presentation of the pub.

Location

West Derby village is both a retail and licensed leisure hub that attracts footfall throughout the week. The local area is densely populated with good demographic privately owned accommodation that services both local and Liverpool city centre employers . The village is also well known as a popular weekend drinking circuit.

Facilities

Trade bar
Car park
Pub garden
Trade patio

Current premises licence opening hours

Sunday to Wednesday 10.00am to 1.00am Thursday to Saturday 10.00am to 2.00am

Contact Us

Barrie Aspinall

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ An exceptional opportunity for a strong community wet led operator to take over this high volume community pub. Located in the heart of West Derby village, a high density suburban centre to the east of Liverpool. A planned internal and external decorative will improve the pub significantly and allow the right operator to build upon the long established wet trade that this pub currently enjoys. ”