under offer
under offer
tenancy
47 Stanley Lane, Eastham, Birkenhead, Wirral CH62 0AG, UK
Approx. Total Ingoings
£18,500Annual Rent
TBCThe Montgomery is an attractive three storey detached pub with a car park, gardens and a well-equipped trade kitchen. It sits in the centre of an affluent conserved village and is also located near to a large residential area. The property underwent significant investment a few years ago and is in excellent condition throughout the open plan trading areas. The pub is a single bar operation with an open pass trading kitchen. The upper two floors can be renovated into private accommodation or potential function areas. As a destination food-led operation, it has great potential and scope to develop into a thriving business providing real ales and upper mid-market pub food. As such, we are seeking an enthusiastic catering minded publican to take on this fantastic site.
Private Accommodation: There is no private accommodation at this moment in time. There is opportunity to redevelop the two floors above the pub.
Indoor trading area
The property is well presented internally with wooden floors and beams throughout, and a bar servery finished to high standard which offers cask ales and international beer brands. Occasional raised areas throughout add to the great layout of this site, which lends itself to casual drinking and dining throughout the day and evening. A mixture of fixed and loose tables and chairs provide covers in excess of 100. The catering kitchen is located to the rear of the bar servery, and is well-equipped and contains an open pass. There is scope to discuss the development of the two floors upstairs.
Outdoor trading area
The site has a car park for 15 vehicles to the side and rear of the property, with a beautiful garden adjacent and a compact covered area with tables and chairs.
Regional Manager Comments
There is huge potential here to attract customers from surrounding villages and towns from across the Wirral. By developing the right food and drink offering, customer service and ambience, this pub has the right ingredients to continue being a success.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Restaurant/Food
Approx. Total Ingoings
£18,500
Annual Rent
TBC
Potential Turnover: £40,000 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.
The Proposed Agreement: Retail Partnership Tenancy
Commercial Lease (Free of Tie) also available
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: £18,500 (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: £30,000 (excl VAT)
To be discussed with the Regional Manager.
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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.
