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Waggon & Horses, Westhoughton

Bolton, BL5 3PN

Your investment

£12,000

Agreement Type

Tenancy

The Waggon and Horses is situated in a busy residential area just off the M61 Motorway and near to the Reebok Arena also known as Bolton Football Club and a huge shopping area.

The Waggon and Horses is situated in a busy residential area just off the M61 Motorway and near to the Reebok Arena also known as Bolton Football Club and a huge shopping area. The Waggon and Horses attract a mixed clientele including families and senior citizens.

Pub Layout

The pub provides several trading areas used for dining or drinking with room for approximately 70 covers in total as well as boasting a conservatory dining area. This site is full of characterful features including stained glass windows depicting local history. The pub is in good condition and provides a great catering kitchen, and from the rear of the pub, customers can enjoy stunning views over the Pennine Moors. The pub company are looking to invest in the Waggon and Horses with the right operator.

The Waggon and Horses is a destination food specialist pub with an established home-cooked food menu. The pub has a decent reputation but with lots of potential to improve which the future operator should look to build upon to continue to nurture the pub’s growth. This site is well known for delicious, homemade food with a friendly atmosphere and this is what the pub company are looking to continue.

Private Accommodation

The private accommodation provides three bedrooms, lounge, kitchen and bathroom.

 

Annual Rent: £38,000

Security Deposit: £5,000

Working Capital: £4,000

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: £325 plus VAT

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

Ideally, we are are looking for an experienced couple or multiple operators with a solid food background to ensure that the Waggon and Horses reaches its full potential.

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.

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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