Raven

32 South Road, Waterloo, Liverpool, Merseyside, L22 5PQ

A well established circuit pub with potential for development and growth

The Raven is a great high street pub with strong weekend circuit footfall driven by televised sports, weekend entertainment, events and pub team sports. The site is well known and established in the Waterloo suburb of Liverpool with an established local and circuit following. The pub is a one room, open plan operation and has a beer terrace to the rear plus a catering kitchen, although this is not used at the moment. A good owner/operator publican is sought who can develop the existing trade and move it to the next level through offer development and innovative promotional activity. The introduction of an appropriate value food offer would benefit this site at key trading times.

Location

Business Information

Annual rent

£2,600

Weekly rent

£50

Entry costs

£6,400

Turnover royalty

n/a

Forecasted Operator Turnover

£338,434

Forecasted Operator Profit (inc machine profit)

£18,523

Forecasted Operator Machine Profit

£8,000

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Average Beer & Cider Discount*

£180.00

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approximately £6,400.00, 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 £2000. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£2,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£2,000

Other Costs

£1,150

Total Entry Costs

£6,400

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 254 704 4,626
2018/19 342 1,892 5,663
2017/18 357 1,002 5,725

The site is a large open plan trading area with a drinking and socialising terrace to the rear. There is an unused catering kitchen to the rear of the bar. The fixtures and fittings are appropriate to the site and are in good order.

Trade Bars

Yes

Trade Dining Areas

No

Trade Kitchens

Yes

Trade Food Covers

40

Trade Gardens

No

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

0

Current Premises License Opening Hours

Sun - Thu: 11:00 - 23:30
Fri - Sat: 11:00 - 00:30

The flat at the Raven is very large but would benefit from a cosmetic upgrade.

Private Rooms

11

Lounge

Yes

Dining Rooms

1

Double Bedrooms

3

Single Bedrooms

1

Bathrooms

1

Toilets

2

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

The Raven is a medium sized open plan site with a large south facing outside terrace to the rear located in the busy weekend circuit location of Waterloo in the northern suburbs of Liverpool. An established football supporters site, the following for football is crucial for the sites trade as is traditional weekend pub entertainment. We are looking for an experienced licensee who has good social skills, is an experienced event organiser and effective business promoter.

Peter Cunningham, Business Development Manager

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