Waggon & Horses, Westhoughton

The Waggon and Horses is situated in a busy residential area just off the M61 Motorway, close to the Toughsheet Community Stadium, home of Bolton Football Club. The pub attracts a mixed clientele including families and senior citizens. The surrounding area is typically suburban, with a mix of residential neighbourhoods, local businesses, and green spaces. Westhoughton itself has a rich industrial history, particularly in coal mining and cotton spinning during the 19th and early 20th centuries Today, it’s a vibrant community with amenities such as shops, schools, parks, and leisure facilities.

Pub Layout

The pub provides several trading areas used for dining or drinking with room for approximately 70 covers in total as well as boasting a conservatory dining area. This site is full of characterful features including stained glass windows depicting local history. The pub is in good condition and provides a great, well equipped. catering kitchen. From the rear of the pub, customers can enjoy stunning views over the Pennine Moors.

We would like to invest in the Waggon and Horses, and with the right licensee we will look to improve the external decoration and refresh internally.

The Waggon and Horses is a destination food pub, which should offer a locally sourced, home-cooked food menu. The pub has a decent reputation but with lots of potential to improve which the future operator should look to build upon to continue to nurture the pub’s growth. This site is well known for delicious, homemade food with a friendly atmosphere.

Private Accommodation

The private accommodation provides three bedrooms, lounge, kitchen and bathroom.

Annual Rent: £25,000

Security Deposit: £5,000

Working Capital: £4,000

Stock: £3,000

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.

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

Ideally, we are looking for an experienced couple or multiple operators with a solid food background to ensure that the Waggon and Horses reaches its full potential. Someone who is savvy with social media and can re-establish the Waggon & Horses to the well-loved pub that it used to be.

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 and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *