View Photos

Start your application now. Enquire Now - or - Save for later

COMMUNITY SITE

Lock Vaults

Hoole Lane, Chester, Cheshire, CH2 3DU

Ingoing Cost: £11,643
Annual Rent: £25,712

Features
Trading style
Key financials

FindMyPub.com
Waterside

Property details

Prominently positioned on the edge of Hoole alongside the Chester Canal, and just outside the City Centre, the Lock Vaults is surrounded by opportunity. This is an established residential area, with two primary schools, local retail and commercial activity within the immediate vicinity of the pub, and 30,000 people living within a 1-mile radius, so it is positioned right at the heart of the local community. The pub is located in an affluent area with a population of approximately 5,500 adults. It attracts a diverse clientele, ranging from young adults aged 18-24 to more mature patrons and retirees.

Trading Area & Facilities:

Open plan trading area
40 internal covers
Catering Kitchen
Lounge area
Sports area

The private accommodation consists of three bedrooms, a living room, kitchen, and bathroom.

FindMyPub.com
Catering Kitchen

FindMyPub.com
Team Games

FindMyPub.com
Live Sports

Trading style

This well-established pub, situated in a popular residential area, underwent a complete refurbishment less than 12 months ago. It presents an excellent opportunity to elevate the business with a strong food offering while continuing to serve as the heart of the community.

The site currently has the ability to drive trade via live sports, and live entertainment and is very much at the centre of the community in Hoole.

Attitude is as valuable as experience. If you’ve got the following, the landlords would love to hear from you.

Understanding of the local community
You know what it takes to build a successful business
You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.

Key financials

Reference Number: 8M9JTW / 2302352101
Agreement Type: Tenancy

Min Ingoing Cost: £11,643.00
Annual Rent: £25,712.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware energy performance certificates are available from the landlord.

Annual Rent £25,712
Estimated Annual Turnover £373,332
Deposit £6,428
Estimated Fixtures & Fittings Value £36,000
Estimated Stock Valuation £6,000
Estimated Working Capital £3,500

Estimated Total Ingoing Costs £51,928
Estimated Minimum Ingoing Costs £11,643

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Similar pubs

£12,513

Chichester Arms, Chester

Cheshire

£17,642

Oak, Tarporley

Cheshire

£73,532

Trevor Arms, Marford

Wrexham

£23,884

Horse & Jockey, Wrexham

Wrexham

£9,678

Boot & Ship, Holywell

Flintshire

MISREPRESENTATION ACT 1967

FindMyPub.com 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.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.