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LOW ENTRY COSTS

Ye Olde Custom House New

Watergate Street, Chester, Cheshire, CH1 2LB

Minimum Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

The Opportunity
The Operator
The Offer

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Beer Garden

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External Drinking Area

Ye Olde Custom House is a traditional, characterful pub in the heart of Chester, offering a welcoming community pub atmosphere alongside the benefits of a busy city-centre location. The opportunity is to build on its established drinks trade while creating more reasons for locals and visitors to return throughout the week.

The pub offers a traditional trading space with plenty of character, supported by a beer garden and an established wet-led trade. Its Watergate Street location, proximity to Chester Racecourse, and existing community feel provide a strong base to grow drinks sales through sport, entertainment, events and key city-centre occasions, with a company food menu complementing the wider offer.

The next operator can build Ye Olde Custom House into a thriving community-focused, wet-led pub with a strong calendar of reasons to visit. The biggest opportunities are developing live sport and major sporting fixtures, introducing regular live music and comedy, and driving late-night and weekend trade. There is also potential to strengthen Sundays, maximise race days and city-centre events, and use local marketing to build a loyal following alongside visitor trade.

Run Ye Olde Custom House and build on its established wet-led trade to create a lively community pub known for great drinks, live sport, entertainment and memorable occasions. If you’re ready to bring your personality, energy and ideas to a characterful Chester pub, enquire today.

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Catering Kitchen

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Team Games

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Live Entertainment

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Live Sports

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Experienced Operator

The landlords are looking for an experienced, commercially driven and event-savvy operator who understands how to run a successful wet-led community pub. You’ll be passionate about live sport and entertainment, confident driving drinks sales and late-night trade, and able to build strong relationships within the local community. You’ll also have a good understanding of food operations and the ability to consistently deliver company specifications.

Reference Number: PSCFKB / 46805
Agreement Type: Operator Agreement

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.

All financial information shown, including projected turnover, costs and potential earnings, is provided for illustrative purposes only and was correct at the time of advertising. These figures are not guaranteed and actual results may vary based on trading performance, operator decisions and market conditions.

Business Details

Forecast Wet Turnover:	£582,400 pa
Forecast Food Turnover:	£145,600 pa
Estimated Annual Operator Share: Based on 22% of forecast weekly sales. This figure excludes VAT and business operating costs, including labour.	£160,160
Guaranteed Annual Retained Sum:	£25,000

Financial Details

Deposit:	£5,000
Legal Costs:	£360

Currently trading at around £14k per week with an 80/20 wet-led split,

What’s in it for you?

22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
Low ingoing costs, starting with just a £5,000 deposit and £360 in legal costs.
Separate owner’s accommodation is included, with most bills covered except council tax and TV Licence.

The pub benefits from spacious four-bedroom private accommodation and an office, providing excellent living space for the successful operator and making it well suited to an individual, couple or family looking to live on site.

Interested in this pub?

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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.