Saracens Head - Sold
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This Property Has Sold!

Saracens Head

Address:

100 Summerwood Lane
Halsall
Ormskirk, L39 8RH

Tenure:

Leasehold Property

Guide Price:

Including all business fixtures and fittings but excluding all stock £125,000.

Other Key Points:

  • Idyllic trading location
  • Profitable business
  • Highest quality interior
  • Bed & Breakfast potential

Location

Property Information

About The Area

The Saracens Head is situated within the historical village of Halsall, nestled in the picturesque Lancashire countryside. Located on the banks of the Leeds to Liverpool canal, the Saracens Head is over 100 years old and is well known throughout the North West of England for its idyllic picture postcard setting.

Property Description

The main entrance leads into the restaurant/lounge bar area which is furnished with high quality tables of various sizes, chairs and fixed wall seating, the floor is of natural wood throughout; the interior décor is of a contemporary design. The restaurant section can comfortably cater for approximately 140 covers.

The bar servery is well designed and equipped with backbar refrigerated bottled beer and wine coolers, a coffee making machine, a full range of draught beer and lager dispense units and 3 EPOS tills. At the rear of the bar is a wash up area fitted with glass washing machines, stainless steel worktops and extra storage space.

Customer toilet facilities are located on the ground floor and comprise of ladies, gents and disabled, there is a baby changing facility within the ladies toilet.

Kitchen

The kitchen is a chef’s dream, it is fully equipped with a range of fittings and equipment of the highest quality and specification, it meets all local authority and Public Health Hygiene regulations. To supplement storage facilities for the kitchen there are walk-in freezers and refrigerators.

A small admin office and staff changing facilities are situated adjacent to the kitchen area.

Accommodation

In addition to the trading areas the second floor of the property contains privately accessed owner’s accommodation, with 4 double bedrooms, a fully fitted kitchen/dining area, utility room, a large lounge, bathroom/WC and 2 small storage rooms.

Outside Area

The Saracens has the benefit of a 140-cover beer garden, children’s play area and a large secure car park.

Fixtures And Fittings

All fixtures and fittings are to be included in the sale. Any items that are owned by a third party or personal to our clients will be exempt.

Other Details

The Saracens has the benefit of both internal and external CCTV, a security alarm system and air conditioning throughout.

Permitted Hours

11.00 a.m. until Midnight Monday to Sunday.

Licensed Trade Associates has not examined any licence documentation and any future buyer must arrange with their solicitors to verify this information.

Energy Performance Certificate

An Energy Performance Certificate is being prepared by our client and will be made available to prospective purchasers in due course.

Tenure Details

The Saracens Head has the benefit of a fully insurable and repairable 10-year lease with 3 years remaining. After the remaining 3 years there is an option to revert to 10 years. The present rent is £60,800 per annum plus VAT and is reviewed every 3 years. Business rates 2020/21 £25,000 per annum.

The current lease is offered FREE OF TIE on wines, spirits, soft drinks and minerals, and a 50% FREE OF TIE on real ales with the Star Pub Group.

Accounts

There are detailed management accounts available to serious interested parties following a formal accompanied viewing.

Price Details

Including all business fixtures and fittings but excluding all stock £125,000.

Viewing And Confidentiality

All arrangements to view are strictly by appointment through Mr Bob Collins and no approaches whatsoever must be made to the owner or the business. For an appointment to view please telephone Bob Collins on 07721 329999.

Agents Notes

The sale of the Saracens Head presents an ideal opportunity to acquire a quality and profitable business in a superb waterside location.

Prospective purchasers should make their own enquiries as to the adequacy and present condition of all service installations and related equipment at the property, whether or not referred to in these particulars. Licensed Trade Associates for themselves, and the vendors or lessors of this property, whose agents they are give notice that - (1.) The particulars are set out as a general outline only, for guidance to intending purchasers or lessees, and do not constitute either in whole or part of an offer or contract. (2.) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given without responsibility and intending Purchasers or Tenants should not rely on them as statements or representation of fact but must satisfy themselves by inspection or otherwise as to the correctness of same. (3.) No persons in the employment of Licensed Trade Associates has any authority to make or give any representation or warranty whatsoever in relation to this property. All prices are quoted exclusive of VAT unless otherwise indicated.