FOR SALE

By Private Treaty:
'THE EAGLE & CHILD'
Main Street
Billinge
Lancashire

We are pleased to offer the opportunity of acquiring this well known extensive Public House which occupies the prime main road position on the (A571) St. Helens to Wigan road opposite to St. Aidens Parish Church adjacent to the village centre within a prime residential locality.
This extensive detached Public House already trades at a good level yet the well furnished and equipped accommodation offers further scope business expansion.
4 Crown Green bowling teams presently use and maintain the bowling green with most of the members being ‘regular users’ of the premises.
ACCOMMODATION
Ground Floor
‘Snug’ Pool Room. Extensive ‘L’ shaped lounge. Central Bar Servery.
Well Equipped Catering Kitchen with cold store rooms.
Ladies and Gents toilet facilities
Beer and Storage Cellars

First Floor
Function room with 50/70 person capacity with
bar severy and all facilities

Very presentable, spacious private quarters
Briefly Comprising:

Master Bedroom. 2 further double Bedrooms
Lounge. Office. Kitchen with full range of
modern units. Fully tiled bathroom with shower cubical
plus 3 piece suite.

External
Parking at front of premises for up to 10 vehicles
Good size Patio to rear overlooking bowling green and beyond to Billinge Hill

Services
The property has mains Water, Electricity and Drainage. A full gas fired central heating system and intruder alarms

Trading Levels
Our clients trading accounts indicate a turnover in excess of £230,000 per annum producing, due to discounted cost prices from Punch Taverns, a Gross Profit Margin of some 50%

Typical prices at September 2007 are :-
Bitter - Tetley/John Smiths £2.00 per pint
Lager - Carling/Fosters £2.30 per pint
Premium Lager - Stella £2.70 per pint
Stout - Guinness - £2.70 per pint
Becks/Budweiser - £2.50 per bottle
Standard Spirit - £1.70 for 25ml measure
Wine  -  £2.70 for quarter bottles

Food sales have been recently introduced with Sunday roast diners available between 1.00 p.m and 6.00 p.m. at £5.95

Present Opening Hours are:-
Sunday to Thursday    Noon to Midnight
Friday                         Noon to 01.00 a.m.
Saturday                      Noon to 01.00 a.m.

Permitted opening hours would presently allow opening at 10:00 a.m.

Trade is 100% generated from ‘wet’ sales with obvious potential for growth via the introduction of a food operation and by full utilisation of the opening hours available

Income from gaming machines is on a 50/50 split with Punch Taverns

Tenure
The property is held on a ten year agreement from Punch Taverns at a rental of £33,000 per annum
The agreement commenced in 2005 and has 5 year review breaks

Purchase Price
For our clients leasehold interest a premium of £67,500 is sought.
Tenants fixtures, fittings and trade requisites will be added AT VALUATION together with wet & dry stock, stores and sundries.
A full inventory of the Fixtures & Fittings will be made available to interested parties in due course.

Assessment
THE RATEABLE VALUE IS £21250
RATES PAYABLE: £9435.00 (2007/2008)

Viewing Arranagements
Which is highly recommended is strictly by appointment which can be made via our office.