Navigation Inn Wigston
Welford Road, Wigston, LE18 3TEAgreement Type: Foundation Tenancy
View details for Navigation Inn Wigston
Bell Inn Husbands Bosworth
2, Kilworth Road, Lutterworth, LE17 6JZ
Pub Code: 2301852101
Key Features
- Main road location
- Cask ales
- Multiple income stream opportunities
- Live sports & traditional pub games
- Outdoor trading area
- Large 4 bedroomed accommodation
Est Min Ingoing Costs: £12,455
Annual Rent: £23,466
More Information
Great pub in an expanding village, well positioned with easy access to the M1
What would you do with this pub to make it a success?
The area
The Bell Inn is located in the village of Husbands Bosworth, between Jct 20 of the M1 and Market Harborough. The pub is surrounded by rural housing.
North Kilworth Wharf is 2 mins away from the Bell Inn and remains today, a working boat yard after 200 years. It is just 10 mins away from Naseby reservoir with fishing and walking.
The pub benefits from being the only pub found in an area of around 850 adults. The mixed customer base is made up of families and retirees.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through wet/dry, 80/20 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, live entertainment and selection of pub games, such as pool, and darts. It offers a selection of cask ales, popular beers, ciders, wines and spirits, and has potential to develop a small food offering.
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 marketing strategy, food & drinks menu 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
- 40 internal covers
- 20 external covers
- Small kitchen
- Small outdoor trading area
- Car park with 4 spaces
- On street parking available
Private Accommodation
Private accommodation is spread over two floors and consists of 4 bedrooms, a living room, kitchen, bathroom and office
| Annual Rent | £ 23,466 |
| Estimated Annual Turnover | £ 277,542 |
| Deposit | £ 5,866 |
| Estimated Fixtures & Fittings Value | £ 6,760 |
| Estimated Stock Valuation | £ 7,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 23,126 |
| Estimated Minimum Ingoing Costs | £ 12,455 |
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:
2, Kilworth Road, Lutterworth, LE17 6JZ
More properties in this region
Old Crown Inn Wigston
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View details for Old Crown Inn Wigston
Bulls Head Blaby
Lutterworth Road, Leicester, LE8 4DNAgreement Type: Foundation Tenancy
View details for Bulls Head BlabyTo 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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