Wellington

10 The Village, Bebington, Wirral, Merseyside, CH63 7PW

A great Pub with bags of potential, in a busy and bustling location

EXPERIENCE ESSENTIAL! The Wellington sits on a busy road and on the edge of a large residential area. It has a wide road frontage so won’t be missed by passing trade! This is a great opportunity to step in and take over an ongoing business, with a reputation for good, good value, sports and a friendly welcome, meaning it is perfect for the community it serves and would benefit from being run by someone who puts their own personality into the business.

Location

EXPERIENCE ESSENTIAL! The Wellington sits on a busy road and on the edge of a large residential area. It has a wide road frontage so won’t be missed by passing trade! This is a great opportunity to step in and take over an ongoing business, with a reputation for good, good value, sports and a friendly welcome, meaning it is perfect for the community it serves and would benefit from being run by someone who puts their own personality into the business.

Business Information

Annual rent

£27,500

Weekly rent

£529

Entry costs

£34,750

Turnover royalty

6%

Forecasted Operator Turnover

£429,344

Forecasted Operator Profit (inc machine profit)

£27,259

Forecasted Operator Machine Profit

£10,000

Average Beer & Cider Discount*

Blended £144

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 £33,875.00, 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

£6,875

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£34,750

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)
2018/19 330 2,577 7,348
2017/18 353 3,212 7,503
2016/17 288 3,320 7,739

2018 saw a minor redecoration sparkle of the interior as well as external redecoration and new signage. The space has been zoned to create a modern retail environment including a bar, two dining areas and a sports/darts room. To the rear is a large car park which is ideal for potential customers passing on the way into town.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

30

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

20

Current Premises License Opening Hours

Sun - Wed: 08:00 - 23:30
Thu - Sat: 08:00 - 00:30

The pub comes with large accommodation and is in good condition

Private Rooms

10

Lounge

Yes

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

2

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am searching for an excellent operator, who can bring this Pub right to the heart of the local community. The business is already well established but offers excellent room for growth. If you feel you are the right fit for this great Pub, then please contact the recruitment team for further information

Andy Wearn, Business Development Manager

Apply for this property

The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.