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Horseshoe, Ormskirk

Ormskirk, L39 3AP

Your investment

£8,000

Agreement Type

Tenancy
  • Close to Edge Hill University
  • Well supported by local community
  • Live music

The Horseshoe is situated on the edge of Ormskirk Town Centre near to the Civic Hall and the Parish Church. The area is teeming with shops, restaurants and local businesses and is greatly supported by the thriving student population from nearby Edge Hill University and locals who live nearby. Ormskirk is accessible by road via the A570 and A59 roads. The A570 connects Ormskirk to Southport to the northwest and St Helens to the southeast, while the A59 provides access to Liverpool to the south and Preston to the northeast. There is also links to Liverpool Central Station via Ormskirk railway station.

Pub Layout

The pub has a single bar which is located in the heart of the pub servicing all areas. The pub is split in to four separate trading areas all with high ceilings and some traditional features, offering a variety of different styles from a cosy snug with an open fire, to a section with televisions predominantly for sports. Additionally, to the rear you will find a large hard landscaped patio area with a number of benches and a smoking solution.

Currently the pub serves both locals and students from Edge Hill University. It does not have a food offer, but there is potential to provide snacks or a back bar offering. There is a potential to drive sales with televised sports and local team sports such as darts and pool alongside introducing live music events or new drinks such as cask ales.

Private Accommodation

Located on the first floor with both access through the pub and externally through a separate entrance. This is a good sized private living accommodation with two large bedrooms, kitchen, lounge and separate bathroom/toilet.

Annual Rent: £18,500 

Security Deposit: £5,000

Working Capital: £1,000

Stock: £2,000

Fixtures and Fittings: To be confirmed upon valuation  –  funding options 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.

Training: £325 plus VAT

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

Admiral Taverns are looking for a driven and entrepreneurial licensee who has the ability to connect with both the locals and the burgeoning student population of Ormskirk. There is a huge opportunity to introduce snacks, sports and increase the number of drinks offers to drive this popular community pub to be the best in the area.

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

Service Charge Cost – £60.89 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 and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


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