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Location

Upton, Merseyside | United Kingdom

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Job description

Pub Overview

Fantastic, Family Friendly Pub

The Horse & Jockey sits in a prominent, crossroads position in the affluent town of Upton, a town on the Wirral. Opposite a range of local businesses and shops, the pub attracts a high level of passing trade. Surrounded by a great catchment area of maturing families who enjoy comfortable lifestyles, the Horse & Jockey presents a fantastic opportunity for its future operator.

With a great reputation for friendly service, entertainment and tasty pub grub, this is a superb opportunity for a family friendly operator. Currently the pub has a strong drinks trade which leaves ample opportunity to grow the food element of the trade. An opportunity also exists to introduce cask ales and craft beers to assist in growing revenue and improving the overall customer offer.

Visionary Operator Wanted

Are you a passionate and innovative operator? We feel this would suit a licensee who has the vision and experience to run a busy community local.

Features

• Catering Kitchen
  
• Foundation Tenancy
  
• Live Sports
  
• Pub Games
  
• Car Park
  
• Outdoor Trade
  
• Private Accommodation
  
• Weekly Billing
  

Trading Area & Facilities

The spacious internal trade area consists of a central bar serving a large lounge and a smaller games/function room. In good condition throughout, modern décor compliments the traditional wooden bar and restored feature fireplace. There is a catering kitchen on site which was refurbished in 2012 to ensure compliance with catering regulations.

Externally the pub has great kerb appeal with a small grass patio to the front and beer garden to the rear which will drive trade in the summer months. Ample parking can be found to the side of the pub.

Private Accommodation

Private accommodation at the Horse & Jockey consists of four bedrooms, a lounge, kitchen, bathroom, office, separate WC and storeroom. In line with our Ready to Trade promise, we'll ensure the private accommodation is in good condition, so that you can focus on your business.

Pub Financials

Annual Rent £
22,485
Estimated Annual Turnover £
373,174
Deposit £
5,261
Estimated Fixtures & Fittings Value £
5,000
Estimated Stock Valuation £
9,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
23,121
Estimated Minimum Ingoing Costs £
14,374

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

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Job tags

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Salary