Pearsons

6A Princes Avenue, Hull, North Yorkshire, HU5 3QA

Pearsons is a fantastic opportunity for a skilled pub operator. Benefitting from a corner location on two main roads. The pub is perfectly positioned to showcase a great food and drink offer both in the week and at weekends.

During the week there is an opportunity to expand the food offer as the area attracts many people looking for meals at lunch time and in the evening. Over the weekend Pearson's becomes a destination venue for customers on a night out, with DJs and live sports attracting many people to the pub. The site is very close to the KCOM Stadium so showing all the major sporting events on the large screen TV's is critical. This stylish pub has a large bar area with dining located around the pub and also benefits from a car park with 30 spaces. We are looking for an experienced operator that can further develop the food offer during the week and continue to maximise the weekend trade. The Pearsons is also known for its entertainment where there is an event or offer happening each day of the week, in order to develop the trade during the week, it is essential that we keep this pubs reputation.

Location

Business Information

Annual rent

£0

Weekly rent

£0

Entry costs

£0

Turnover royalty

%0

Forecasted Operator Turnover

£0

Forecasted Operator Profit (inc machine profit)

£0

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

TBC

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 TO BE CONFIRMED

Deposit

£0

Fixtures & Fittings

£0

Legal Admin Fee

£0

Broker Fee

£0

Stocktaking Fee

£0

Working Capital

£0

Other Costs

£0

Total Entry Costs

£0

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)
2018/19 223 715 7,099
2017/18 316 497 10,042
2016/17 451 20 13,975

The interior consists of several areas, some raised, some open and with some intimate booths. The site benefits from a large bar area and dining situated all around the pub. There is a large car park for those visiting and a garden area also.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

100

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

30

Current Premises License Opening Hours

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

This site has a rare opportunity where the private accommodation is split into two flats, both with separate access.

Private Rooms

16

Lounge

Yes

Dining Rooms

2

Double Bedrooms

2

Single Bedrooms

3

Bathrooms

2

Toilets

2

Private Kitchens

2

Offices

1

Bedsits

0

BDM Portrait

I am looking for an excellent operator, with the skills and work ethic to take Pearsons to new heights. Pearsons is a large scale well positioned public house close to Hull's city centre. There is significant opportunityto further develop the food offer during the week, while continuing to maximise the weekend trade and footfall from the local stadium. If you are the right person, please contact the recruitment team

Paul Hirst,

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