tenancy
The Square, Audlem, Crewe CW3 0AQ, UK
Approx. Total Ingoings
£34,000Annual Rent
£56,000The Lord Combermere is a well-established pub and restaurant business which, due to several years of successful trading, has become an important focal point of the community. Located in the large village of Audlem, it has become renowned for its fine cask ales and innovative food menu and is popular with both locals and as a destination dining venue. The pub is decorated to a high standard throughout with wood, leather and a modern colour palate. It features an attractive bar, lounge, snug, relaxing reception area and overall offers dining for 100 covers. Current trade split is 40% wet 60% food. The commercial kitchen is well-equipped and capable of delivering a quality food offer. To the side of the building is a partially covered patio area leading up to an enclosed beer garden with seating for a potential 40 covers. The Lord Combermere is regularly involved with local festivals in addition to running its own successful events. This fantastic business opportunity would suit experienced food operators who have the passion and knowhow to take this established business forward.
Private Accommodation: The private accommodation is well presented and offers four bedrooms and a private bathroom, lounge and kitchen.
Indoor trading area
The pub comprises of two internal areas, both suitable for drinking and dining. The lounge area is a welcoming room with exposed beams, giving a warm atmosphere. The pub has predominantly wooden flooring, with a feature open fireplace and a mixture of furniture including leather sofas, raised bar seats and modern dining tables and chairs. The intimate snug area provides a comfortable environment for a relaxing drink or a more intimate dining experience. An attractive polished wood central bar serves all areas of the pub.
Outdoor trading area
To the side of the building is a partially covered patio area which seats circa 16 and a car park for 12 cars. To the rear of the building is a patio area and steps leading up to a beer garden with potential seating for a further 40 guests.
Regional Manager Comments
The Lord Combermere presents a fantastic opportunity for an experienced food operator with a passion for quality food, wine and ales, to take on a new venture, or to expand their current portfolio. With 20 years of experience working in the hospitality industry, I can offer support, guidance and knowledge to help you maximise the full potential of this exciting and unique opportunity.
Retail Partnership Tenancy
Beer Garden Private Accommodation Parking Cask Ale
Approx. Total Ingoings
£34,000
Annual Rent
£56,000
Potential Turnover: £854,000 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: £56,000 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: £34,000 (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: £40,000 (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.
