137 South Road, Waterloo, Liverpool, Merseyside, L22 0LT
A fantastic opportunity for an experienced Publican with high volume mainstream catering pub experience. An exceptional host with high standards and good all round business acumen is sought to develop this already successful business further to deliver it's full potential.
The pub has an established reputation for great value food and drink in a sociable environment. Current trade is driven by family diners and a strong weekly events programme, sports viewing and weekend entertainment to maximise the wet trade. A recent garden investment has created an exceptional beer garden facility.
A large two room pub comprising a small snug and games room plus a larger main drinking and dining area. The pub has an extensive garden with substantial outside drinking and dining covers.
|Car park spaces||10|
Extensive private accommodation that would benefit from a cosmetic upgrade.
|Annual rent||£39,500 per annum|
|Weekly rent||£759.62 per week fixed|
£39,500 per annum, £759.62 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £48,150.00 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). *Entry costs could be reduced to circa £29,200 should the Publican adopt an F&F Assisted Purchase Agreement requiring an initial £25% deposit*
|Fixtures & fittings||£25,000||Working capital||£8,000|
|Other costs||£7,500||Total entry cost||£48,150|
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)|
Located in a highly visible location on a main arterial route between Liverpool and West Lancashire and also adjacent to the main drinking and dining hub of the well-populated and visited Waterloo suburb of Liverpool.