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Wellington Inn, Runcorn

Runcorn WA7 1LB

Your investment

£8,000

Agreement Type

Tenancy

The Wellington Inn is located is a residential area only a five minute walk from the Runcorn Old Town and is close to shops and local businesses. Runcorn is an industrial town and cargo port in Cheshire and has a population of approximately 61,000. Runcorn railway station is on a branch of the West Coast Main Line and provides frequent services to Liverpool Lime Street, Birmingham New Street and London Euston. Runcorn East connects Manchester Piccadilly, Warrington Bank Quay, Chester and North Wales.

The Wellington Inn is located is a residential area only a five minute walk from the Runcorn Old Town and is close to shops and local businesses. Runcorn is an industrial town and cargo port in Cheshire and has a population of approximately 61,000. Runcorn railway station is on a branch of the West Coast Main Line and provides frequent services to Liverpool Lime Street, Birmingham New Street and London Euston. Runcorn East connects Manchester Piccadilly, Warrington Bank Quay, Chester and North Wales. The A533 road passes through the town from the south and over the Mersey Gateway Bridge across the River Mersey and the Manchester Ship Canal. The M56 motorway passes south of the town, through Preston Brook. Three bridges span the River Mersey and the Manchester Ship Canal at Runcorn: the Silver Jubilee Bridge, Mersey Gateway and Runcorn Railway Bridge. The Bridgewater Canal terminates in the town centre.

Pub Layout

The pub has a central bar servery that services both a games room and lounge area. The games room has a pool table, darts okke, flat screen TV and juke box and is located to the left of the pub. The cosy lounge is located to the right with a mixture of fixed seating and lose furniture. Externally to the rear, is a small covered smoking solution. Although there is no car park, there is a free car park to the rear of the pub.

Trading Style

The Wellington is a locals pub. This opportunity would be an ideal starter pub for someone wanting to enter the industry and take on their own business. There is an opportunity to introduce a small back bar food offer, providing snacks. Admiral Taverns can offer the training and support to a new licensee to enable them to provide a snack menu which will provide additional income to the business. There is plenty of scope to build the business by introducing cask ales and develop the existing drinks portfolio. Pool and darts are popular amongst the pub with live sports also popular. Entertainment is key in this fantastic community pub however there is scope for this to be developed further by offering a ‘rhythm of the week’

Private Accommodation

The private accommodation is located on the first floor and is in good decorative order. It consists of four bedrooms,  a lounge, kitchen and bathroom.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £2,000

Stock: £1,000

Fixtures and Fittings: Upon Valuation  – funding options may be 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.

The Wellington is a very successful locals pub and presents a fantastic opportunity for the right licensee. We are looking for someone with the vision, drive, enthusiasm and passion to continue to move this business forward. This pub could suit someone looking to enter into the hospitality industry and run their first pub. You will be keen to engage with the local community by offering regular entertainment, pub sports and other community activities.

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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