Victoria Hotel

7 Sandy Lane, Skelmersdale, Lancashire, WN8 8LA

A TRUE COMMUNITY LOCAL

The Victoria Hotel Is a community pub on the outskirts of Skelmersdale. The pub is an important aspect of the local community as it caters for local drinkers and community teams, so strong community ties will be vital to your success. The customer base is mostly working class so value of product will be important. Weekend trade is traditionally strong. Internally the site is smart and well presented. To the rear there is a courtyard, ideal for smokers and drinking during the warmer months.

Location

Skelmersdale is a town in Lancashire, on the River Tawd, six miles west of Wigan, The Victoria Hotel is on the west side of Skelmerdale. The area is mostly residential and homes are within close proximity.

Business Information

Annual rent

£21,000

Weekly rent

£404

Entry costs

£40,875

Turnover royalty

n/a

Forecasted Operator Turnover

£387,270

Forecasted Operator Profit (inc machine profit)

£25,327

Forecasted Operator Machine Profit

£8,000

Average Beer & Cider Discount*

£126

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Standard Tenancy Agreement A fixed 5 year term agreement Machine income retained by licensee

Entry costs approximately £40,875.00, 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 £20,000 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

£6,000

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£6,000

Other Costs

£7,150

Total Entry Costs

£40,875

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 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 182 0 3,423
2019 383 0 6,583
2018 415 0 5,732

There are two main trade areas served by a single servery, with a range of seating and pool table. There is a courtyard to the rear and seating to the front on un adopted land.

Trade Bars

1

Trade Dining Areas

0

Trade Kitchens

1

Trade Food Covers

0

Trade Gardens

0

Trade Patio Areas

2

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

0

Current Premises License Opening Hours

Mon-Sun 10:00 - 00:30

The private accommodation comprises kitchen, lounge, dining room, double bedroom, bathroom and office

Private Rooms

7

Lounge

1

Dining Rooms

1

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am hoping to find an experienced, community operator with local knowledge for this great pub. The Victoria Hotel is wet led and caters for local drinkers and community teams. If this is an opportunity that excites you, please contact the recruitment team for further information.

Peter Cunningham, Business Development Manager

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