Waiting Room Hunts Cross

Speke Road, Liverpool, Liverpool L25 8SB

  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross
  • Waiting Room Hunts Cross

Waiting Room Hunts Cross

Superb Site, Affluent Area

Located next to a busy railway station with lines to Manchester and Warrington, the Waiting Room is in excellent condition and boasts attractive traditional features. A busy suburb in Liverpool, Hunts Cross is well populated with a variety of residents. A well-populated, affluent area, the traditional town boasts a village green, market square and numerous shops and businesses. The opportunity for this pub lies in the ability ensure the menu & offer reflects the busy bustling activity outside their doors, changing the offer throughout the day to meet the needs of very different customers. By day it is a sanctuary to the weary shopper, be it breakfast, coffee, a quick bite at lunchtime, a refreshing cup of tea or chilled glass of wine. By night the Waiting Room should change into a town centre bar, as retail and office workers stop by and local residents, many of whom will be regular visitors, enjoy a night on the town. Innovative,

Experienced Operator Wanted

Do you have the skills to develop and enhance a growing business? Due to the busy location and potential to expand, the Waiting Room requires an experienced hand. Previous catering experience would be appreciated but is not necessary."

Pub Features

  • Rolling Tenancy
  • Weekly Billing

Trading Area & Facilities

The pub offers a sports area, lounge bar and separate trade area. The first floor function room provides seating for 20-30 and is suitable for functions and business meetings, while a modern trade kitchen and seating area present the opportunity to capitalise on the area's heavy foot traffic by introducing a food offer that can appeal to commuters and local residents.

Private Accommodation

There is no private accommodation available at the Waiting Room.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
TBC
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
TBC
Premises Licence Fee £
TBC
Rates Assessment Fee £
TBC
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased