St James Road, Eccleston Park, Prescot, Merseyside, L34 2RH
A pub with an excellent reputation and trading history looking for an experienced operator to develop the business further.
The Wellington has established itself as one of the most respected pubs in the Eccleston Park suburb of St Helens. The pub has a loyal customer base that is derived largely from the local community and residents, supplemented by destination trade who visit for the great value food and weekly events/entertainment. The current Publican has operated the business for the last 10 years and is now looking to retire. The Pub is well maintained both internally and externally and represents an excellent opportunity for someone who is looking to build on the existing trade through development of the offer and effective marketing. There is a strong staff team in place to ensure a smooth transition to the next Publican.
The pub is largely open plan but with several defined areas capable of sub-division if required. A well equipped catering kitchen and in-situ carvery station services the food demands of the pub very well. The large L-shaped bar servery is more than adequate to service the various areas of the pub effectively. There is a well presented outside smoking area and several tables on a terraced area to the rear of the pub for outside drinking when the weather allows.
|Car park spaces||40|
The private accommodation is spacious and in an average to good standard. All of the accommodation is accessed off a long first floor corridor.
|Annual rent||£31,000 per annum|
|Weekly rent||£596.15 per week fixed|
£31,000 per annum, £596.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £29,400 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). *Please note the F&F is currently shown as a 25% deposit of the full cost due to an Assisted Purchase Agreement being available for this site. Full inventory cost comes to £25,000.
|Fixtures & fittings||£6,250||Working capital||£8,000|
|Other costs||£7,500||Total entry cost||£29,400|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
|Volume notes||Steady volume performance throughout recent past years. Please note this site has been free of tie on wines & spirits in the past.|
The Wellington is a well known local land-mark situated at a busy junction on the main road between St Helens and Liverpool/Southport in the Eccleston Park suburb of St Helens. It is a large and imposing pub that is well recognised by both existing and potential new customers.