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The Wellington Inn is located is a residential area only a two minute walk from the Runcorn Old Town and is close to shops and local businesses. Runcorn is an industrial town and cargo port in Cheshire and has a population of approximately 61,000. Runcorn railway station is on a branch of the West Coast Main Line and provides frequent services to Liverpool Lime Street, Birmingham New Street and London Euston. Runcorn East connects Manchester Piccadilly, Warrington Bank Quay, Chester and North Wales. The A533 road passes through the town from the south and over the Mersey Gateway Bridge across the River Mersey and the Manchester Ship Canal. The M56 motorway passes south of the town, through Preston Brook. Three bridges span the River Mersey and the Manchester Ship Canal at Runcorn: the Silver Jubilee Bridge, Mersey Gateway and Runcorn Railway Bridge. The Bridgewater Canal terminates in the town centre.Pub LayoutThe pub has a central bar servery that services both a games room and lounge area. The games room has a pool table, darts oche, flat screen TV and juke box and is located to the left of the pub. The cosy lounge is located to the right with a mixture of fixed seating and loose furniture. Externally to the rear, is a small covered smoking solution. Although there is no car park, there is a free car park to the rear of the pub.Trading Style: Trading Style

The Wellington is a locals pub. This opportunity would be an ideal starter pub for someone wanting to enter the industry and take on their own business. There is an opportunity to introduce a small back bar food offer, providing snacks. Admiral Taverns can offer the training and support to a new licensee to enable them to provide a snack menu which will provide additional income to the business. There is plenty of scope to build the business by introducing cask ales and develop the existing drinks portfolio. Pool and darts are popular amongst the pub with live sports also popular. Entertainment is key in this fantastic community pub however there is scope for this to be developed further by offering a ‘rhythm of the week’. The pub also benefits from electric charging points

Accommodation: Private Accommodation

The private accommodation is located on the first floor and is in good decorative order. It consists of three bedrooms, a lounge, kitchen and bathroom.

Financial:

Annual Rent: £10,500

Security Deposit: £3,000

Working Capital: £2,000

Stock: £1,000

Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.

Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

BDM Vision:

The Wellington is a very successful locals pub and presents a fantastic opportunity for the right licensee. We are looking for someone with the vision, drive, enthusiasm and passion to continue to move this business forward. This pub could suit someone looking to enter into the hospitality industry and run their first pub. You will be keen to engage with the local community by offering regular entertainment, pub sports and other community activities.

Future Plans:Additional Information:

Annual Rent –This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes. Please note, this only applies to pubs marked with an Asterix *