george southport - ei publican partnerships

george southport - ei publican partnerships

GEORGE SOUTHPORT George, Duke Street, Southport, Merseyside, PR8 5DH At a glance Your agreement: Beacon Retail Partnership Tenancy Typical turnover:...

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GEORGE SOUTHPORT George, Duke Street, Southport, Merseyside, PR8 5DH

At a glance Your agreement: Beacon Retail Partnership Tenancy

Typical turnover: £290,000 per annum

Average rent: £10,000 per annum

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Fantastic prominent, busy location

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Live sports venue ready to be realised with 10 TVs

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Kitchen equipped and ready to support the introduction of food

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Large beer garden and car park

Recently refurbished including new fixtures and fittings

To talk to someone about this opportunity or for any general enquiries call or email the recruitment team on:

Overview of George The George is in a prominent location on a busy crossroads between Birkdale and Southport town centre. The pub benefits from a large car park and sizeable beer garden that has a smoking solution and children¶s play area. A fully-fitted trade kitchen will also support the introduction of a value food offer. In addition there are 10 TVs for live sports viewing. A recent refurbishment has been undertaken to the lounge, bar and toilets, with new fixtures and fittings throughout complimenting the modern scheme. The pub is now in good shape for an experienced operator to launch the George as the go-to community pub in the area.

For enquiries, call or email the team on:

03333 20 00 36 [email protected]

03333 20 00 36 [email protected]

Regional Manager's thoughts on George The George offers a rare opportunity for a community focused operator to take on a blank canvas; rarely do pubs come on the market that are in such good condition and have such great facilities. The George has been completely refurbished throughout, and boasts extensive outside trade space plus versatile internal trade areas, with room for pool, darts and an area that can double as a small function room, along with a fully-fitted trade kitchen. The new operator will need to be community focused, enjoy running a sports and entertainment-lead venue, and be able to make the most of the outside areas and trade kitchen. Our Beacon Partnership Tenancy will enable the new publican to create a competitive value drinks offer. Greg Crabtree, Regional Manager

Indoor trading area The trading area is split into two main sections; a bar and a lounge. The lounge is located to the front of the property, is in excellent decorative order and has TVs for live sports viewing. Also suitable for dining, the lounge can cater for 50 covers, with the fully-equipped kitchen conveniently located to the rear, which has recently been installed with new equipment. The bar is furnished with linoleum flooring, fixed and loose seating and also has TVs. The décor of the pub is traditional with two main fireplaces adding to the character of the property. The pub is suitable for all regular forms of live entertainment.

Key features

9Trade Kitchen 9Live Music 9Parking 9Children's Play Area 9Beer Garden 9Live Sports 4 Private Bedrooms

Outdoor trading area

Location

To the front of the pub are two benches. At the side is an excellent beer garden which has wooden benches and is a focal point of customer activity in the summer months. In addition there is a large car park with space for 30 vehicles.

The George is situated in the suburbs of Southport only five minutes from the seafront. The majority of retail activities take place in the town centre which accommodates a large number of the major retailers such as Tesco, Marks & Spencer and leading bookmakers, all of which provide a steady trade from shoppers. The area is well-established with a combination of social and traditional suburban private housing.

Your living accommodation The living accommodation comprises four spacious bedrooms, a large lounge area, bathroom and kitchen. This would be ideal living space for a family. The accommodation is in decent condition, carpeted and centrally heated throughout.

Our proposed agreement Beacon Retail Partnership Tenancy

Typical turnover £290,000 per annum This is our estimate of the potential annual turnover of a typical Beacon pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.

Partnership terms Average rent: £10,000 per annum, payable monthly in advance. Discount is variable to ensure the publican achieves a guaranteed 45% gross margin on draught products.

Estimated capital start-up Approximately £7,800 (excl VAT)

For enquiries, call or email the team on:

03333 20 00 36 [email protected]

Local competition Cheshire Lines, King Street, Southport, PR8 1LQ (0.67 mi) Park Hotel, Weld Road, Southport, PR8 2ED (0.57 mi) Birkirs, Liverpool Road, Southport, PR8 4AR (0.51 mi) Village Tea Rooms, Liverpool Road, Southport, PR8 4AR (0.51 mi) Blundell Arms, Upper Aughton Road, Southport, PR8 5ND (0.25 mi)

Estimated fixtures & fitting value To be discussed with the Regional Manager

Rateable value £20,350 - For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search

Uniform Business Rate April 2017 47.9p (England) 49.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.

For enquiries, call or email the team on:

03333 20 00 36 [email protected]