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Black Swan Conningsby

Black Swan Conningsby

93, High Street, Lincoln, LN4 4RF Pub Code: 2302748101

Pub Code: 2302748101

Foundation Tenancy

Est Min Ingoing Costs: £15,502

Annual Rent: £24,024

The Black Swan is located in the village of Coningsby, close to the famous RAF base and Tattershall Castle and Lakes. The pub is surrounded by residential housing with a few commercial premises nearby.

Demographics

The pub benefits from being one of 5 pubs found in an area of around 1844 adults. The middle incomed customer base is made up of a mix of young families and the retired.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining the strong wet trade and developing a food offer and making the most of the extensive beer garden. What food & drinks would you look to implement in the pub?

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, cask ales

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

  • Understanding of the local community
  • You know what it takes to build a successful business
  • You love hospitality and are great with 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…

  • Foundation Tenancy

  • Live Sports

  • Outdoor Trade

  • Private Accommodation

  • Pub Games

Trading Area & Facilities

Main trading area with bar

Small catering kitchen

large garden with both a patio area close to the pub and an expansive grassed area.

Private Accommodation

Private accommodation consists of 2 bedrooms, a living room, kitchen, and a bathroom

Pub Financials Icon

Estimated Total Ingoing Costs

£32,126


Estimated Minimum Ingoing Costs

£15,502

Annual Rent
£24,024
Estimated Annual Turnover
£349,500
Deposit
£6,006
Estimated Fixtures & Fittings Value
£12,620
Estimated Stock Valuation
£10,000
Estimated Working Capital
£3,500
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.

Location:

93, High Street, Lincoln, LN4 4RF

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