Public Houses for sale in Northwich

View the "LEASED PARTNERS OPPORTUNITY - The Duke of Portland (90240)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Asking price: Price on Application
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Business Description
LEASED PARTNERS OPPORTUNITY - The Duke of Portland
Pennys Lane, Lach Dennis, Rudheath, Northwich, CW9 7SY

Overview

• A destination food pub in a great main road location within the village of Lach Dennis, Northwich.
• Open plan layout with room to accommodate 130 diners with central bar and multifunctional area. Patio area to the side of the pub for drinkers and large car park.
• Wide and diverse range of customers from local trade to destination custom.
• This site oozes potential through growing and developing its food trade, training staff and an effective marketing strategy.
• Flat which consists of two double bedrooms, one single bedroom, lounge, separate kitchen/diner and family bathroom.

AGREEMENT

Lease
Fully tied
Barrelage Discount £50
Fair Maintainable Turnover* £530,327 p.a.

Ingoing Costs****
Working Capital £15,000
Training Fee £550 + VAT
Security Deposit £15,000
Stock and Glassware £5,000
Legal fees £850 + VAT**

Initial Contractual Costs ***
Rent £60,000 p.a.
Service charge £1,350 p.a.
Decorating fund £3,000 p.a.
Insurance £822 p.a.

Once you’ve agreed the purchase terms for the fixtures and fittings you will not be charged for any additional ingoing costs by Marston’s, other than those detailed above.
*Figure taken from Marston’s rent assessment
**The ongoing contractual costs will vary in accordance with the terms of the specific agreement.

****You will also need to obtain independent advice from a qualified accountant, a RICS qualified surveyor and a qualified solicitor at your own cost
Downloadable Documents

Listed by: Marstons
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