Bell Inn Husbands Bosworth

2 Kilworth Road, Lutterworth, Lutterworth LE17 6JZ

  • Bell Inn Husbands Bosworth
  • Bell Inn Husbands Bosworth
  • Bell Inn Husbands Bosworth

Bell Inn Husbands Bosworth

Fantastic Location

Prominently located on the main road in the village of Husbands Bosworth, the Bell Inn boasts an enviable location. The village is on the main road between Northampton and Leicester, and is easily reached from Market Harborough, Lutterworth and Rugby. The pub is full of character and attracts destination diners and village locals.

The Bell Inn currently trades well to the local population with a great selection of ales, traditional pub menu and Sky sports. There is opportunity to further expand the food offer.

Experienced Food Operator Wanted

This opportunity would suit someone with creative vision and a flair for food and hospitality. It is vital that any applicant will be able to engage with the local community to offer the fantastic village pub that Husbands Bosworth deserves. However to make the most of the pub's potential the skills to attract a drive to trade, through high quality food are essential.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally, the pub has a single bar area with a snug (currently used as a games room) and dining area with approximately 35 covers. The bar is cosy and comfortable with traditional features. There are also three letting rooms on the second floor which have shared facilities.

Externally, the pub has good kerb appeal and is very visible from the main road. To the rear there is a small car park with room for 6-7 cars and a garden. There are also outbuildings which house the cellar and vital storage space

Private Accommodation

The private accommodation is located on the first floor and consists of 2 double bedrooms, lounge, dining room, kitchen and bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 12:00 - 22:30

Financials

Annual Rent £
26,500
Estimated Annual FMOP (Licensee Profit) £
27,260
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
249,782
Estimated Annual Barrelage
160

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
25,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
6,625
Rent In Advance £
510
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
40,330
Estimated Minimum Ingoing Costs £
13,403

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
3,288
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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 assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased