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Horseshoe, Ormskirk

Ormskirk, L39 3AP

Your investment

£8,000

Agreement Type

Tenancy

The Horseshoe is situated on the edge of Ormskirk Town Centre near to the Civic Hall and the Parish Church. The area is teeming with shops, restaurants and local businesses and is greatly supported by the thriving student population from nearby Edge Hill University and locals who live nearby.

The Horseshoe is situated on the edge of Ormskirk Town Centre near to the Civic Hall and the Parish Church. The area is teeming with shops, restaurants and local businesses and is greatly supported by the thriving student population from nearby Edge Hill University and locals who live nearby.

Pub Layout

The pub has a single bar which is located in the heart of the pub servicing all areas. The pub is split in to four separate trading areas all with high ceilings and some traditional features, offering a variety of different styles from a cosy snug with an open fire, to a section with televisions predominantly for sports. Additionally, to the rear you will find a large hard landscaped patio area with a number of benches and a smoking solution.

Currently the pub serves both locals and students from Edge Hill University. It does not have a food offer, but there is potential to provide snacks etc. There is also a potential to drive sales with televised sports and local team sports such as darts and pool, introduce cask ales and host live music.

Private Accommodation

Located on the first floor with both access through the pub and externally through a separate entrance. This is a good sized private living accommodation with two large bedrooms, kitchen, lounge and separate bathroom/toilet.

Annual Rent: £18,500 (Rent steps available)

Security Deposit: £5,000

Working Capital: £1,000

Stock: £2,000

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 am looking for a driven and entrepreneurial licensee who has the ability to connect with both the locals and the burgeoning student population of Ormskirk. There is a huge opportunity to introduce snacks, sports and increase the number of drinks offers to drive this popular community pub to be the best in the area.

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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