Liver

137 South Road, Waterloo, Liverpool, Merseyside, L22 0LT

An excellent opportunity waits for an experienced Publican

The Liver has an established reputation for great value food and drink, in a comfortable, social environment. The Pub is famous locally for attracting family diners and an excellent programme of regular entertainment, including live sport and music at the weekends. This large, detached site sits on a busy main arterial route between Liverpool and West Lancashire, adjacent to the main drinking and dining hub of Waterloo. Internally, the Pub is well laid out as a two room operation, comprising a small snug/games room and the larger main drinking and dining area. Externally the Pub has a large garden which could be transformed into a delightful space, extending dining covers through the warmer months and would help to make the Liver a true destination for the local community

Location

The Liver has an established reputation for great value food and drink, in a comfortable, social environment. The Pub is famous locally for attracting family diners and an excellent programme of regular entertainment, including live sport and music at the weekends. This large, detached site sits on a busy main arterial route between Liverpool and West Lancashire, adjacent to the main drinking and dining hub of Waterloo. Internally, the Pub is well laid out as a two room operation, comprising a small snug/games room and the larger main drinking and dining area. Externally the Pub has a large garden which could be transformed into a delightful space, extending dining covers through the warmer months and would help to make the Liver a true destination for the local community

Business Information

Annual rent

£46,750

Weekly rent

£899

Entry costs

£47,562

Turnover royalty

n/a

Forecasted Operator Turnover

£644,343

Forecasted Operator Profit (inc machine profit)

£46,570

Forecasted Operator Machine Profit

£16,500

Average Beer & Cider Discount*

Blended £108

Type of Tie

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

Agreement

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

Entry costs approximately £47,562.0000, 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 the mimimum amount required for this agreement type. Fixtures and Fittings are valued at approximately £25,000 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

£11,687

Fixtures & Fittings

£25,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£8,000

Other Costs

£1,150

Total Entry Costs

£47,562

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.

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2018/19 472 4,079 11,172
2017/18 417 4,001 9,029
2016/17 364 3,040 6,677

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.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

60

Trade Gardens

Yes

Trade Patio Areas

No

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

10

Current Premises License Opening Hours

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

Extensive private accommodation that would benefit from a cosmetic upgrade.

Private Rooms

9

Lounge

Yes

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

1

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an experienced Publican with experience of a high volume food offer, within a busy Pub. You'll need to be an exceptional host and demonstrate high standards, as well as excellent business acumen to develop this already successful business to its full potential. If this is the opportunity you have been waiting for, then please contact the recruitment team for further information

Andy Wearn, Business Development Manager

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