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Grapes Inn, Wrexham

Wrexham, LL14 1NB

Your investment

£7,500

Agreement Type

Tenancy

The Grapes is a detached building enjoying a busy main roadside location between Johnstown and Ponciau in Wrexham. The pub is surrounded by residential housing and in an excellent location. The pub is located approximately three miles outside of Wrexham.

The Grapes is a detached building enjoying a busy main roadside location between Johnstown and Ponciau in Wrexham. The pub is surrounded by residential housing and in an excellent location. The pub is located approximately three miles outside of Wrexham however the location of this pub provides easy links to transport into the town centre.

Pub Layout

On entering through the front door you will find a lounge to the left side of the pub and a bar to the right with a central bar servery which services both areas of the pub. The ladies and gents toilets are located in the lounge area and live music is also provided in this area. Located behind the bar is the cellar. The pub is in good condition throughout. Although there is no car park there is plenty of street parking close by. Externally, there is a small drinking area to the rear with benches.

The Grapes is a traditional community pub offering darts and dominoes to the locals and features in the local leagues. Weekend entertainment is also a key driver proving popular with locals. There is an excellent opportunity to develop sports teams including pool, bridge and football teams and ensure that the Grapes becomes the hub of the community.

Private Accommodation

The private accommodation is located on the first floor and consists of three bedrooms, lounge, kitchen and bathroom.

Annual Rent: £16,000

Security Deposit: £3,000

Working Capital: £3,000

Stock: £1,500

Fixtures and Fittings: Upon Valuation  –  Funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

We are looking for applicants who are familiar with the area and will look to develop and enhance the current offer and bring ideas and enthusiasm to the table, enabling the business to grow.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for   weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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