under offer
under offer
tenancy
67 Town Road, Croston, Leyland PR26 9RA, UK
Approx. Total Ingoings
£13,500Annual Rent
£30,000The Grapes Hotel is a large commanding building situated in the centre of the beautiful village of Croston. Croston is famous for being a picture perfect village and serial winner in the North West in Bloom Awards. A listed building dating back to the 18th century, the pub boasts four trading rooms and a good sized commercial kitchen. Known for its fantastic afternoon teas and great food, the Grapes Hotel is well supported by local residents and has a reputation from further afield for those visiting the many attractions close by which include Martin Mere, Astley Hall and Park and Southport.
Private Accommodation: In good order, the accommodation has recently been decorated and the carpets are all quite new. Comprising three bedrooms, lounge and a kitchen. There is a separate entrance to the flat but it can also be entered via the pub.
Indoor trading area
With four rooms served by one bar, customers are free to drink and dine throughout the trade area. Traditionally decorated with beams, feature fireplace and upholstered seating this cosy pub has a homely atmosphere. The restaurant accommodates 32 covers and is conveniently situated close to the trade kitchen for efficient, hot food service. The kitchen is of a good size and well-equipped, and can easily turn out 100+ covers in a day. A function room to the first floor provides a good opportunity to increase trade. With some investment and decoration, this room could be utilised for local groups and small private parties of circa 40 guests.
Outdoor trading area
To the front of the pub is a patio with tables and benches, which affords good views of the village and its activity. The good sized car park with 20 spaces is situated to the side of the pub. Part of this has recently been developed into a boules pitch and the Grapes has a boules team.
Regional Manager Comments
The Grapes Hotel is a great pub in a great village. Croston has a lively events calendar and would suit a publican who is keen to get involved in the local community but is also skilled in marketing to attract those day trippers from further afield who are en-route to Southport or any of the other attractions close by.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Function Room Restaurant/Food
Approx. Total Ingoings
£13,500
Annual Rent
£30,000
Potential Turnover: £460,000 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: £30,000 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: £13,500 (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.
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