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Honeysuckle Inn, Wigan

Wigan, WN3 5BT

Your investment

£8,000

Agreement Type

Tenancy

The Honeysuckle is a beautiful traditional redbrick building situated in Pool Street, Wigan, which is approximately ½ mile from Wigan town centre and close to both Wigan Pier and Trenderfield Mill.

The Honeysuckle is a beautiful traditional red brick building situated in Pool Street, Wigan, which is approximately ½ mile from Wigan town centre and close to both Wigan Pier and Trenderfield Mill. The pub is surrounded by both terraced housing and bungalows and is ideally situated on a busy crossroads creating extra footfall.

Pub Layout

The Honeysuckle has an open-plan layout with a horseshoe shaped bar surrounded by tiled flooring in the heart of the pub servicing all areas. Although it is open plan there are distinct areas separating the more relaxed lounge section with carpeted flooring and the games area with a tiled floor housing a pool table and darts board. Within the pub there is a small commercial kitchen together with an area used for a large carvery unit. The garden area of the pub is a key selling point having recently undergone a refurbishment with this fantastic area offering large parasols, lighting, new benches, pathways and decked areas as well as a smoking area near the rear entrance which is ideal to sit out and enjoy the sun.

The Honeysuckle has an avid sport following incorporating the local pool and darts teams along with showing live sporting events on the televisions. The pub provides regular live entertainment over the weekends and serves food seven days a week with an emphasis on Sunday lunches from the carvery units. The horseshoe shaped bar offers something for everyone as it is stocked with a mixed range of dinks including lagers, ciders, cask ales, spirits, wines and minerals.

Private Accommodation

The private accommodation is a very good size with three generously sized bedrooms, lounge, kitchen and bathroom.

Annual Rent: £20,500

Security Deposit: £3,000

Working Capital: £2,000

Stock: £3,000

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’m looking for a licensee who is driven, passionate and enthusiastic about further developing the business at the Honeysuckle. Someone who can make the most of the new beer garden, can strengthen the food offer and can really engage with the locals as this is key to the success of the pub.

Opening Hours:

Monday: 12pm-12am

Tuesday & Wednesday: Closed

Thursday & Friday: 12pm-12am

Saturday & Sunday: 12pm-1am

https://www.facebook.com/honeysucklepub/

https://www.tripadvisor.co.uk/Restaurant_Review-g190919-d8521842-Reviews-The_Honeysuckle_Inn-Wigan_Greater_Manchester_England.html

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.

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 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

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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