Valley Road, Crewe, Cheshire, CW2 8JU
The Woodside is a large community pub with an excellent reputation, it has high existing revenues capable of converting well to the profit line.
The site is large and mostly open planned with zoned areas for restaurant, lounge and bar. While food is a strong seller on site it is still secondary to the very strong wet trade. The site has a large car park, a large beer garden and other outside seating. Recently refurbished the site is in excellent condition and situated in a semi rural location with woodland walks directly opposite, the local housing is very good and plentiful and the pub is popular with locals and destination trade.
The pub is a large mostly open plan pub with various areas capable of division for use as dedicated function space. The pub was recently refurbished both internally and externally presenting extremely well with high quality fixtures and fittings throughout. The pub has a modest garden with additional outside drinking and dining covers.
|Car park spaces||60|
|Child play areas||1|
The licensee accommodation is in good condition and has all the expected facilities.
|Annual rent||£51,500 per annum|
|Weekly rent||£990.38 per week fixed|
£51,500 per annum, £990.38 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 £55,650 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). *Entry costs could be reduced by taking an F&F assisted purchase agreement requiring only a 25% deposit - adjusted entry costs circa £33,125.00*
|Fixtures & fittings||£30,000||Working capital||£8,000|
|Other costs||£10,000||Total entry cost||£55,650|
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)|
Located on the border between Crewe and Nantwich the site is in an excellent suburban location, it is semi rural with significant adjacent private housing. South Cheshire college is around 1/2 a mile away and the town centres of both Crewe and Nantwich are approximately 2 miles in either direction