FOR SALE

By Private Treaty Franchise Agreement on:

'THE HARE AND HOUNDS'

Ormskirk Road
Upholland
Lancashire

We are pleased to offer the opportunity to acquire the lease on this stone built detached Public House believed to date back over 300 years and occupying a prime main road position within the residential area of Upholland yet positioned within east walking distance of the Skelmersdale Town residential districts. The well established trade revolves around a locals nucleus with two football teams, 3 bowling teams, golf society, ladies and gents darts teams, dominoe teams, aqua club plus pigeon social club all operating from the premises. Quiz nights and Disco's also feature in the running of this highly successful business.
ACCOMMODATION
Ground Floor
Entrance porch. Semi open plan 'Olde Worlde' Lounge areas with real flame fires and Central Bar Servery. Games Room. Separate Pool Room. Ladies and Gentlemens toilets facilities - both fully tiled. Wash up and Cellars.

Upper Floors

Seperate Living Accomodation
In excellent condition throughout and briefly comprising :-

Lounge with solid fuel fire
Kitchen with good range of fitted units
Office/Bedroom
Master Bedroom
2 Further Bedrooms
Bathroom with over bath shower
Separate Toilet

Services
All mains services are available and connected. The property has a full gas fired central heating system, a comprehensive intruder alarm system and satellite Television systems.

Trading Levels
Our clients trading accounts indicate a turnover in excess of over £250,000 per annum producing a Gross Profit Margin of some 48.1%.

Access will be given to our clients trading accounts only to genuinely interest parties in due course.

Opening Hours Noon to 23.00 Monday to Saturday Noon to 22.30 Sunday.

Typical Bar Prices (at 1.2.2004) Bitter £1.95 per pint, Lager £2.13 per pint, Mild £1.75 per pint, Spirits £1.50 for 25ml measure, Wine £1.62 for 125ml measure.

Tenure
The property is held on a 10 year Pub Franchise Agreement from Messrs. Inn Partnership with effect from 23rd September 2000 at a present rental of £31,050.00 p.a. A franchise fee equating at 1.5% of the turnover is also payable. A discounted beer purchase agreement commencing at £35.00 per barrel from barrel one also forms part of the agreement. The present barrelage exceeds 300 per annum.

Purchase Price
Including all trade fixtures and fittings, a premium of £55,000 is sought for the leasehold interest with Stock, Glass and Stores to be added, at valuation.
A full inventory of the Fixtures & Fittings will be made available to interested parties in due course.

VIiewing Arrangements
Strictly by appointment which can be made via our office.