10 The Village, Bebington, Wirral, Merseyside, CH63 7PW
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 business is transferring from Greene King’s managed pubs division and would make a perfect ready-made business for the right operator.
This is a great opportunity to step in and take over an ongoing business with a reputation for good value and a friendly welcome. The pub was transformed into a Meet & Eat brand and although it has a large road frontage, could easily be managed by a less experience operator. With a combination of good food, good value and sports, it is perfect for the community it serves and would benefit from being run by someone who puts their own personality into the business.
As this pub is being transferred from Greene King’s managed pubs division, everything has been well-maintained and is in good condition. The space has been zoned to create a modern retail environment including a bar, 2 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.
|Car park spaces||20|
The pub comes with large accommodation and is in good condition having been freshly painted and re-carpeted in 2016.
|Annual rent||£20,000 per annum plus 6.0% Turnover Royalty|
£20,000.00 per annum, £384.62 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 £38,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£20,000||Working capital||£5,000|
|Other costs||£6,000||Total entry cost||£38,650|
Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A 5 year, fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Greene King is responsible for the structure of the building.
• Ability to end agreement with 6 months’ notice and payment of a Standard Notice Fee (3 months’ basic rent). Notice can be served
at any time.
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
In 2015, the Centre for Economic and Business Research found that Bebington in Wirral was one of the most desirable postcodes in England. With a higher than average share of owned housing and slightly older population, this is a great place to run a pub business. Most of your potential customers are working in supervisory or semi-skilled manual jobs, which means they are not the most affluential but have an eye for a bargain when it comes to quality food and drink at good value.