Taverns for sale in Southport

View the "Pub Tenancy Available - Rueters - Southport" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Pub Tenancy Available - Rueters - Southport

Southport, Merseyside, England

  • Price: Price on application
  • Annual Turnover: £199,261
Seller Reference: PT3
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PT3
Request Details
Business Description
COULD YOU RUN THIS PUB IN SOUTHPORT?

Rueters Bar and Grill is a fantastic community pub that’s traditional interior provides a relaxing and warm atmosphere. The pub is made up of a cosy bar area to the front and a large restaurant to the rear which has up to 80 covers and is a perfect space for functions. The pub is famous for their quality food offer, that is full of pub classics with a twist, as well as their extensive drinks range.

BUSINESS FACILITIES

The Rueters also boasts a hidden courtyard and a terrace at the front of the pub that is a beautiful place for some al fresco dining or to enjoy a cask marque accredited ale in the sunshine. The pub is famous amongst locals for its weekly live entertainment with it being known as the place to be to enjoy fabulous tribute acts.

ABOUT THE LOCAL AREA

Southport is a beautiful Victorian seaside town in Merseyside. It boasts an expansive coastline and scenic walks. The pub is located in the heart of Southport, within the hustle and bustle, and is only a few minutes walk from the railway station, so is in the perfect location to welcome in visitors to the area.

THIS PUB MAY SUIT

This is the perfect pub opportunity for an experienced operator who has good local knowledge. You will need the skills to continue the quality food offer that’s guests come to the Reuters to experience. You’ll also be experienced in hosting events and live entertainment, so the pub remains the place to be on a Friday night.

ABOUT THE AGREEMENT

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.

You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager.

FINANCIAL INFORMATION

• Full Deposit* - £6,000
• Legal Fees - £750
• Rent - £270 PW
• Initial Ingoing’s* - £6,750
• Maintenance Fund Per Week - £40
• Fixtures & Fittings Weekly Rent - £76
• Working Capital - £2,000 - £4,000

BUSINESS INFORMATION

• Annual Rent - £13,994
• Forecasted Annual Wet Turnover - £199,261
• Forecasted Annual Food Turnover - £156,280
• Forecasted Annual Other Turnover - £6,147
• Weighted Average Discount Per Barrel - £131
• Agreement – 5 Years Tenancy

PLEASE FILL OUT THE ENQUIRY FORM BELOW FOR MORE INFORMATION
Location Details:
26 Hoghton Street, Southport PR9 0PA
Listed by:
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* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

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