under offer
under offer
tenancy
89 Albion Street, New Brighton, Wallasey, Merseyside CH45 9JQ, UK
Approx. Total Ingoings
£11,500Annual Rent
£16,000The Clarence Hotel is a delightful, traditional community pub with a solid customer base in a fantastic catchment area. The pub has a traditionally decorated and furnished lounge area that is great for a peaceful drink with friends enjoying the laid back and friendly ambience of the pub. The pub also has a defined dining room which can accommodate 25 covers as well as a separate bar area for the sports enthusiasts to play pool and darts or watch television. There is a well-equipped commercial kitchen with the capacity to provide a strong food offer and the excellent beer garden with a patio area, has great potential for barbeques and events, to be enjoyed by the whole community. This is an opportunity not to be missed, which would suit those who wish to integrate with the community and know the area. Ei Publican Partnerships are interested in speaking with experienced publicans who can make the Clarence Hotel the best pub in the area.
Private Accommodation: The private accommodation comprises four bedrooms, a bathroom, kitchen and lounge, which have all recently been decorated.
Indoor trading area
A lovely ambient lounge sets the scene for a welcome stay, carpeted throughout with fixed and loose furniture. The cosy bar area has a wall mounted TV for sports viewing and is a great way to catch up with friends and neighbours. The lower restaurant section splits in to two areas, which could also be used as a function room, with space to accommodate approximately 60 covers. This area is perfect for serving a good pub menu as well as having enough room for a carvery and the fully equipped commercial kitchen has the capacity to provide a good quality food offer. There is also a separate games bar in which sports enthusiasts can play pool, darts and all manner of pub games whilst watching their favourite football team on TV.
Outdoor trading area
The beer garden is a delightful, enclosed space, which receives sunlight all afternoon and is perfect for families, with plenty of room for children to play. The patio, which forms part of the garden, has six picnic benches and is suited to outdoor dining. This space lends itself well to barbeques and cask ale events which are becoming increasingly popular by public demand.
Regional Manager Comments
The Clarence Hotel has a loyal customer base comprising mostly of locals and cask ale drinkers, who come back time and time again for the laid back, friendly atmosphere. The property has been well maintained throughout so that customers can drink and dine in comfort. There is scope to build on existing trade given that the New Brighton Promenade is less than a mile away. An experienced publican or couple with knowledge of the area would be well suited to this opportunity.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Cask Ale Live Sports Restaurant/Food
Approx. Total Ingoings
£11,500
Annual Rent
£16,000
Potential Turnover: £361,000 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: £16,000 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: £11,500 (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: £15,000 (excl VAT)
To be discussed with the Regional Manager.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
