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Slide Admiral COVID-19 licensee support and Rent policy - Please click here (last updated June 8th) ‘RISING FROM LOCKDOWN' - RE-LAUNCHING YOUR PUB RENT DISCOUNTS AVAILABLE OF UP TO 40% In accordance with our rent policy A letter from our CEO to our licensees - September 24th 2020
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YOUR INVESTMENT

£5,500

AGREEMENT TYPE

Five Year Agreement

FACILITIES

Open Fire3+ BedroomsCask AleLive MusicKitchenSports TeamsCar ParkBeer Garden
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Grey Horse

Glazebury, WA3 5LZ

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OR CALL 01244 321 171 FOR MORE DETAILS

The Grey Horse is a detached building located on the main road through Glazebury, just two minutes away from the famous garden centre of Bents providing an enormous amount of passing traffic. Glazebury is a quaint and affluent civil parish within Warrington with plenty of chimney pots along with established local and community led businesses. Situated just 9.6 miles outside of the centre of Warrington and 7.8 miles from the M62 providing links to Liverpool, Manchester and North Wales.

Pub Layout

On entering the Grey Horse you are welcomed by a warm, friendly and welcoming atmosphere with a modern shabby chic décor, a mixture of lighting, quarry tiled flooring, beams and exposed brick walls. The pub is made up from four different sections, to the left as you walk in there is a quaint cosy lounge area with carpeted flooring and a multi fuel burner, perfect for those chilly nights. An opening from the lounge opens to a continuation of this room with an exposed redbrick chimney breast and a number of tables and chairs. To the right you will find a games room with wooden flooring housing a pool table, darts board and seating areas, to the rear of this room you can access the male and ladies toilets along with a back door to the rear of the pub. The bar is central to the pub as you walk in and services all areas with a mixture of bar stools and fixed seating and tables. To the rear of the pub you will find a car park for 5/6 vehicles along with a wooden pagoda offering a smoking solution. Accessed through a separate entrance to the pub you will find a further room which has been recently rented out to a hairdresser. This room has been blocked off from the pub but could easily be opened back up to offer a further drinking area or a dining area if the licensee wanted to produce a food offer, the options are endless.

The Grey Horse is an ideally located community pub with a warm, welcoming atmosphere, original features along with a modern, in keeping décor. The pub currently offers a variety of lagers, ciders, spirits, casks and soft drinks. Around the pub you will find a number of televisions showing live sporting events along with pool table and darts board in the games room. Live entertainment always goes down well in the grey horse with a mixture of bands, duos and DJ’s on the weekend. The Grey horse has a small kitchen which could be utilised to produce a small food offer, especially during the day for those visiting the garden center.

Private Accommodation

The private accommodation is currently being used as letting rooms for local trades people with each room returning £70PW. The accommodation is accessed through the bar area and is a substantial size comprising: Landing, kitchen, bathroom, laundry room and seven bedrooms – one with an en-suite bathroom. This accommodation would be ideal if the licensee wanted to live on site or continue to provide a letting service.

Annual Rent:£15,000

Security Deposit:£2,000

Working Capital:£2,000

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.

I am looking for a successful licensee who would be able to utilize the kitchen and provide a food offer to make the most of our proximity to the famous Bents garden center. I would also look for someone who was capable of developing and improving engagement with locals and re-establishing our reputation for great live music.

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 – £28.01 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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