Golden Lion

41 Moor Street, Ormskirk, Lancashire, L39 2AA

TOWN CENTRE WET LED PUB

The Golden Lion at Ormskirk is a completely wet led, town centre pub, occupying an enviable corner plot. The pub attracts mostly locals from the community, but also gets trade from students and the local market on Thursdays. There is the opportunity to launch a food menu, but this would need to be well planned and delivered as there is plenty of local competition. The town is in a price sensitive demographic, so the operator will need to be able to react well to these challenges, offer deals and regular entertainment to attract new and existing customers. An excellent digital presence will be vital to stand out from the competition. With it's close proximity to Aintree racecourse, the pub always enjoys a bumper sales weekend when the Grand National meeting is taking place.

Location

Ormskirk is a market town in the West Lancashire district of Lancashire. It is located 13 miles north of Liverpool and 18 miles southwest of Preston. Ormskirk is known for its gingerbread. The Golden Lion is in the town centre, surrounded by the usual selection of high street attractions.

Business Information

Annual rent

£24,000

Weekly rent

£462

Entry costs

£18,875

Turnover royalty

n/a

Forecasted Operator Turnover

£410,101

Forecasted Operator Profit (inc machine profit)

£35,456

Forecasted Operator Machine Profit

£11,000

Average Beer & Cider Discount*

Preferred

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Standard Tenancy Agreement. A fixed 5 year term.The annual rent shown (£24,000 per annum) takes into consideration a machines supply concession. The annual rent will be £35,000 if you prefer not to have Greene King supply machines to you.

Entry cost is approximately £18,875 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £20,000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period.

Deposit

£6,000

Fixtures & Fittings

£5,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£18,875

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 290 2 7,725
2022 345 0 9,014
2021 217 0 5,484

This is a single bar pub, with courtyard beer garden to the rear. There are also 4 letting rooms, which are currently unused and share 2 bathrooms.

Trade Bars

1

Trade Dining Areas

0

Trade Kitchens

1

Trade Food Covers

50

Trade Gardens

0

Trade Patio Areas

1

Trade Rooms to Let

4

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

0

Current Premises Licence Opening Hours

Mon-Sun: 09:00:02:00

The accommodation has been converted into letting rooms.

Private Rooms

0

Lounge

0

Dining Rooms

0

Double Bedrooms

0

Single Bedrooms

0

Bathrooms

0

Toilets

0

Private Kitchens

0

Offices

0

Bedsits

0

BDM Portrait

A great community operator would be ideal for this pub, someone who can organise great events and promote the pub via clever deals with great digital marketing.

Pete Cunningham, Business Development Manager

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