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The Waverton Arms is the only pub in Waverton, a large and affluent village on the outskirts of Chester. The pub is particularly popular for quality food, great selection of beers and a friendly and welcoming atmosphere. Currently operating from one large trading area which is set out for both drinking and dining with more than 80 covers and a large ornate bar servery supplying a good range of beers and lagers as well as three hand pumps for cask ales. Currently the decor is slightly dated however the planned refurbishment will address this and create a real platform for growth. Other facilities include a large cellar that is in excellent condition and a medium sized trade kitchen which is clean, tidy and fully operational. The external areas are extensive and have views out over the surrounding countryside. There are two patios to the rear, both with garden furniture. The main patio has large umbrellas which are heated, allowing for all year-round use. In addition, car parking for over 100 vehicles is available to customers.
The private quarters are located upstairs and are in great condition as they have recently been redecorated by the outgoing publican. There are three bedrooms, a bathroom and a galley style kitchen. There is also a private office incorporated into these quarters.
Forecast Turnover: £627,989.30
Year 1 Rent: £0.00
Guide Rent: £45,000.00
Initial Deposit: £0.00
Full Deposit: £11,250.00
Full Tie Release: £38,750.00
Agreement Fee: £775.00
Repair Fund: £4,000.00
Fixtures & Fittings: Weekly £340.00
Working Capital: £25,000.00
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £231,294.43
Forecast Dry Turnover: £396,694.87
Forecast Other Turnover: £0.00
This pub offers a fantastic opportunity for an experienced food operator to establish themselves in the South Chester area. The Waverton Arms is a large property, and has the potential for huge growth. Great food, superb beers and a welcoming team will all be key ingredients to the future success of the business. The incoming publican will need to have the ability to market the site well and must have a keen eye for detail.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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