Under Offer

Raven

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

Gallery

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Pub overview

A traditional high street pub in a highly populated area of Liverpool.

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.

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 space
Bars 1
Food covers 40
Trade kitchens 1
Patio areas 1

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

Private space
Private Rooms 10
Lounge 1
Single Bedrooms 1
Double bedrooms 3
Private Kitchen 1
Bathrooms 1
Toilets 2
Office 1

Rent information

Annual rent £18,500 per annum
Weekly rent £355.77 per week fixed
Notes

£18,500 per annum, £355.77 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie

Entry costs approx £26,300 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000). *F&F entry costs may be reduced to 25% of the assessed value if an Assisted Purchase Agreement is entered into - adjusted entry costs £20,300.*

Brokers £675 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £8,000 Working capital £5,000
Other costs £5,650 Total entry cost £26,300

Agreement description

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

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.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2017/18 357 1,002 5,752
2016/17 384 1,020 6,311
2015/16 383 1,062 6,406
Volume notes

Location

Set on South Road in Waterloo, the site is located on the main shopping, dining and weekend socialising area. Close to the sea and marine park which is a popular coastal attraction.

Facilities

Trade bar
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday - Thursday: 11:00hrs - 23:30hrs Friday - Saturday: 11:00hrs - 00:30hrs

Contact Us

Barrie Aspinall

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ 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. ”