Famous King & Queen
147 Padgate Lane, Warrington, Cheshire, WA1 3SN
NEST PUBS - REFURB PLANNED
The Famous King & Queen is situated on the A50 main road through the Bruche area of Warrington. This predominately wet led pub is set to receive a revitalising refurbishment with the pub becoming a Nest franchise pub. The pub will be a real social hub offering all live televised sporting fixtures, with strategically placed TVs to ensure the best viewing experiences. Pool and Darts will be available, with encouragement for teams to compete in local leagues. The internal trade spaces will be improved and modernised, giving the pub a fresh modern feel. The toilets will also be overhauled and improved. The exterior of the building will be upgraded with all new signage and there will be new furniture in the external areas as well as all new lighting. A covered pergola will also be created.
Bar
Kitchen
Meeting rooms
Patio
Location
The town of Warrington is on the banks of the River Mersey, 20 miles east of Liverpool, and 20 miles west of Manchester. The pub is on a busy main road with its own large car park. Surrounded by housing with potential customers looking for somewhere to relax and socialise, The Famous King & Queen is perfectly placed to provide this centre for the community.
Business Information
Annual rent
£0
Weekly rent
£0
Entry costs
£5,000
Turnover royalty
n/a
Forecasted Operator Turnover
£670,800
Forecasted Operator Profit (inc machine profit)
£39,798
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
Type of Tie
Agreement
Nest Pub Franchise Agreement is an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay £3,000 entry fee and we take care of the property costs, energy bills and stock. We supply marketing, training, and ongoing support. In addition, you'll be paid 20% of weekly sales, known as the weekly turnover share, to cover your staffing costs. Bonuses and profit share schemes are available based on business performance and standards audits. Private accommodation is provided where available.
Entry cost of £3000 is payable on change day. This includes legal fees and start up training costs. An extra £2000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.
Deposit
£0
Fixtures & Fittings
£0
Legal Admin Fee
£0
Broker Fee
£0
Stocktaking Fee
£0
Working Capital
£2,000
Other Costs
£3,000
Total Entry Costs
£5,000
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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
---|---|---|---|
2023 | 515 | 1,385 | 4,219 |
2022 | 538 | 1,454 | 4,447 |
2021 | 362 | 1,060 | 3,301 |
There are two front entrances to the pub. If you enter through the left hand door, you will see the bar directly ahead of you with a sports zone to the left. To your right will be a comfortable seating area. There is a rear exit to the garden and adjoining bowls green. The toilets are towards the rear of the pub.
Trade Bars
1
Trade Dining Areas
0
Trade Kitchens
1
Trade Food Covers
40
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
1
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
15
Current Premises Licence Opening Hours
Mon-Wed: 09:00-01:00
Thu-Sun: 09:00-02:00
The accommodation comprises 2 bedrooms, kitchen, lounge, toilet, bathroom and office.
Private Rooms
7
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
A Nest pub franchise is the perfect opportunity for someone with experience of pub management to step up and run their own business. Nest pubs are 95% wet led and operate at the heart of their community, offering Sky/TNT sports and a basic food offering of Pizza. Greene King take care of the majority of operating costs, leaving the franchisee to pay for their staff, insurances and TV licence/Council tax for the private accommodation. With various ways to earn money, this really is an exciting opportunity not to be missed.
Andy Wearn, Business Development Manager
Apply for this property
The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.