Property Description
A refurbishment investment of approximately £500,000 is planned to transform Church Green into a stylish, premium local at the heart of Lymm’s social scene. What would you do with this pub to make it a success?
Church Green has long been a well-known venue in the area and this planned investment will reposition it as a high quality, welcoming pub with broad appeal. The upgrades will create a refreshed environment designed to attract both existing regulars and a new wave of guests seeking great drinks, quality food and a vibrant atmosphere.
About the area
Located in the attractive village of Lymm, Church Green benefits from a strong residential catchment and a steady flow of visitors drawn to the area’s independent shops, cafés and canal-side walks. There are approximately 3,500 adults within walking distance of the pub, providing a solid base of potential regular trade.
The pub sits within a lively hospitality circuit, meaning there is healthy competition but also a proven appetite for eating and drinking out locally. The refurbishment will elevate Church Green’s offer, allowing it to stand out with a more premium look and feel, appealing to discerning locals, families and After-Work Socialisers looking for a relaxed but stylish setting.
Demographics
The area is characterised by a mix of established homeowners, young professionals and families. Many residents are economically active and socially engaged, supporting a strong midweek and weekend trade. The investment will enable Church Green to better meet the expectations of this audience, particularly those seeking quality surroundings, a strong drinks range and a compelling food offer.
The offer
Church Green is available on our investment tenancy agreement. Click here for more information on this agreement.
Who we're looking for
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right licensee for Church Green will have extensive experience in food-led hospitality businesses. They will have a clear vision for a compelling food and drink menu, engaging entertainment and a strong local marketing strategy, and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
The refurbishment will cover both the interior and exterior of the pub. A full list of works and pub floor plan can be found in the Downloads section. The pub's trading area and facilities post refurbishment will be:
Main trading area with bar
Separate dining room
Function room
Catering kitchen
100 internal covers
94 external covers
Beer garden
Covered patio area
Car park (15 spaces)
HEINEKEN SmartDispense
Private accommodation (3 bedrooms)
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private accommodation consists of three bedrooms.
Premises license available on request.
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Kitchen
Outdoor Trade
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* 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
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
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
MISREPRESENTATION ACT 1967
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