Wishing Well Lincoln
The Parade, Cherry Willingham, LN3 4JLAgreement Type: Foundation Tenancy
View details for Wishing Well Lincoln
Aston Arms Market Rasen
Market Pl, Market Rasen, LN8 3HL
Pub Code: 0050181101
Key Features
- Foundation Tenancy
- Catering Kitchen
- Private Accommodation
- Cask Ales
- Live Sports
Est Min Ingoing Costs: £15,287
Annual Rent: £45,447
More Information
The Aston Arms is located in the heart of the Lincolnshire market town of Market Rasen. Market Rasen is located in the picturesque Lincolnshire Wolds and together with the well-known racecourse attracts visitors from across the globe. The pub itself is set in the Market Square and surrounded by local shops and businesses.
The pub benefits from being one of 8 pubs in an area of around 3,000 adults and is well supported by locals and visitors alike.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in building on an already strong food and drink offer featuring traditional cask ales and homecooked food.
The site currently has the ability to drive trade via live sports, selection of pub games, such as pool, and darts and pub games machines. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and cask ales.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, drinks menu and sports offer 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…
Trading Area & Facilities
- Main trading area with bar
- 80 internal covers
- Commercial kitchen
- SmartDispense
- Beer garden
- Sports area with darts and pool table
Private Accommodation
Private accommodation consists of 3 bedrooms, kitchen, a living room and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
| Annual Rent | £ 45,447 |
| Estimated Annual Turnover | £ 693,765 |
| Deposit | £ 11,362 |
| Estimated Fixtures & Fittings Value | £ 7,000 |
| Estimated Stock Valuation | £ 8,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 29,862 |
| Estimated Minimum Ingoing Costs | £ 15,287 |
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.
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.
Location:
Market Pl, Market Rasen, LN8 3HL
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Dandy Lion Lincoln
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View details for Dandy Lion LincolnTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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