Halton Castle

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

BUSY WET LED VENUE

Halton Castle is a popular and busy 100% wet led Pub, in the affluent Liverpool suburb of West Derby. The key to success with this pub is to engage with the local community, offer excellent events such as quiz nights and encourage local teams and societies, with live sport on TV. The pub has a strong reputation locally with an excellent following. Appealing to a younger audience will help with the future success of the pub and also engaging and attracting more women will be a key marker of success. There is a high density of other pubs in the local offer, so creating a compelling offer will be essential. There is an excellent outdoor space to the rear and transformation of this could lead to excellent success in a post covid world.

Location

West Derby is an affluent suburb of Liverpool, England. Historically in Lancashire, it is located east of the city and is also a Liverpool City Council ward. Halton Castle is located centrally, close to local shops and amenities as well as large residential areas.

Business Information

Annual rent

£29,000

Weekly rent

£558

Entry costs

£32,125

Turnover royalty

n/a

Forecasted Operator Turnover

£479,731

Forecasted Operator Profit (inc machine profit)

£29,610

Forecasted Operator Machine Profit

£6,500

Average Beer & Cider Discount*

£144

Type of Tie

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

Agreement

Standard Tenancy Agreement A fixed 5 year term. Machines income retained by licensee

Entry costs approximately £32,125.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £15,000 and the final valuation will be confirmed on change day. 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

£7,250

Fixtures & Fittings

£15,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£7,000

Other Costs

£1,150

Total Entry Costs

£32,125

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 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2020 191 940 2,205
2019 496 944 5,482
2018 504 4 4,268

The pub ahs a single bar serving two rooms

Trade Bars

1

Trade Dining Areas

0

Trade Kitchens

0

Trade Food Covers

0

Trade Gardens

0

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

20

Current Premises License Opening Hours

Mon-Wed: 09:00-01:00
Thu-Sun: 09:00-02:00

The accommodation is in good condition and consists of kitchen, lounge, three bedrooms and bathroom

Private Rooms

6

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

1

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am seeking an experienced wet led operator, although I would consider a strong application from any first-time publican. This pub is 100% wet led and has a strong male orientated customer base. If this sounds like a great opportunity to you, then please contact our recruitment team for further information

Peter Cunningham, Business Development Manager

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