Run Your Own Pub - The Clock Face, Prescot, Merseyside

Location
Prescot, Merseyside
Salary
Business Opportunity
Posted
04 Sep 2019
Closes
04 Oct 2019

CLOCK FACE 54 Derby Street , Prescot, Merseyside, L34 3LL

Guide Rent: £24k post refurbishment of trading area/ £35k with 3 letting bedrooms (Exc VAT)

Pub Features

The Clock Face is a stunning building, with fantastic kerb appeal. Situated close to Knowsley Safari Park and the new Shakespeare Playhouse, it’s in a great location. Thwaites are planning a substantial refurbishment of all trading areas to make the Clockface a premium food and drink venue, details can be discussed with our recruitment team.

Currently a large central bar serves both halves of the pub, with additional seating at the bar itself. To the left of the bar there is extensive open plan seating for both drinking and dining, surrounded by a large bay window which allows plenty of natural light. Further seating areas are to the right of the bar, which provide more of a relaxed environment. A large car park sits to the front of the property and there is also a beer garden plus a smoking shelter. The living accommodation is substantial, it consists of 7 bedrooms, lounge, kitchen, bathroom, storage areas.

TRADING STYLE

Exciting new business opportunity planned for 2019 based on the highly successful Holcombe Tap, Ramsbottom. Various flexible terms to suit the level of investment such as: 5 or 10 year tenancy term, £1,000 wholesale value of wine FOC after 3 months trading, various finance options for F&F, achievable and rewarding retrospective incentives and full professional support package for the relaunch.

*Phase 1; full kitchen and ground floor refurbishment plus external improvements

*Phase 2; x3 high specification letting bedrooms

Potential for Phase 3 to increase the number of letting bedrooms further.

The successful applicant will need appropriate previous experience & skill sets, and available finance.

*All subject to planning approval

FINANCIAL

  • Guide Rent (exc. VAT))

    24,000 post refurbishment of trading area
  • Last 12 Months Trading Volumes)

    72 beer & cider (36 gallon barrels)
  • Type of Agreement)

    5 year tenancy
  • Fixtures and Fittings Estimate)

    £33,000 approx
  • Security Bond)

    £10,000
  • Stock & Glassware Estimate)

    £7,000
  • Valuation Fees Estimate)

    £500
  • TULIP Induction Course)

    £399 TULIP / £150 TLC one day for experienced operators + VAT

ENERGY PERFORMANCE

Energy Performance Certificates (EPCs) are needed whenever a property is built, sold or rented.

An EPC gives a property an energy efficiency rating from A (most efficient) to G (least efficient) and is valid for 10 years.

You can download the EPC for this property by clicking on the icon or link below.

TRAINING & DEVELOPMENT

Whether you are an experienced Licensee or new to the industry, we provide the relevant introduction and/or
training to suit your level of experience and help you achieve success in running your own pub

Together with our training partner Innfluential we
have a strong commitment to training our Licensees and our team of staff.

Our Training Courses.

TULIP – Thwaites Unique Licensee Induction Programme.

TLC – Thwaites Licensee Connection.

Our one day introduction day to Thwaites and key support people.
The TLC day is for experienced operators who have held a recent tenancy with a pub company or brewery.

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