tenancy
164 Liverpool Road, Upton, Chester CH2 1BD, UK
Approx. Total Ingoings
£14,750Annual Rent
£33,000The Brewers Arms is a well established community pub that has recently undergone an investment for refurbishment of the internal and external trading areas including signage and the toilets. The pub has a warm and contemporary feel throughout with modern décor and an open fire, creating the perfect atmosphere for happy drinkers and diners. The open plan bar and lounge has plenty of room and can seat around 50-60 covers with ease. There is a mix of seating available, from high bar stools to dining tables that can be rearranged to accommodate seating for bigger parties. This modern cask ale pub currently has a great food offering so the incoming publican will need to have some catering experience in order to continue the current offer. Finally, there is a beer garden to the rear of the pub which can extend the cover amount and increase sales during the warm summer months.
Private Accommodation: Located to the first floor a large superbly decorated and most comfortable flat with 3/4 bedrooms, 2 lounges and luxury fitted bathroom and kitchen immaculately presented. There is a separate access and private garden area.
Indoor trading area
The entrance leads into a bar that has been refurbished to a high standard with exposed brick panelling creating some snug, semi-private areas. To the right is a small lounge area, suitable for relaxing with friends or enjoying coffees and liqueurs following a meal. To the left there are an ample number of dining tables currently accommodating 60 covers, serviced from a fully equipped commercial kitchen that could be extended. At the back of the room a large arch leads to a games area housing a pool table and gambling machines. A bar servery runs more or less the length of the main room with some further tables to be found at the end in a light, bright area that overlooks the garden.
Outdoor trading area
Parking for approximately 30 vehicles is available to the front and side of the building, ideal for those destination diners. There is also a grassed garden that is furnished with benches and also offers a newly built BBQ gazebo. The refurbishment has included new lighting and signage.
Regional Manager Comments
This pub is located in the most affluent area of Chester and is a perfect opportunity for a publican with catering experience to make their mark on this pub. The refurbishment of the trading areas has provided this pub with all the required features to develop it as a destination food site. Rent steps will be built into the deal during the first year to enable the new publican to re-establish the business.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale Children's Play Area Restaurant/Food
Approx. Total Ingoings
£14,750
Annual Rent
£33,000
Potential Turnover: £390,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £33,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £14,750 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £17,000 (excl VAT)
To be discussed with the Regional Manager.
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