Bell Inn Husbands Bosworth
2 Kilworth Road, Lutterworth, LE17 6JZAgreement Type: Foundation Tenancy
View details for Bell Inn Husbands Bosworth
Fox Inn Market Harborough
30, North End, Market Harborough, LE16 8UJ
Pub Code: 2300008101
Key Features
- Established destination pub
- Large beer garden with duck pond
- Traditional, quality driven food offer
- Car Park
- 3-bedroomed private accommodation
Est Min Ingoing Costs: £12,489
Annual Rent: £29,870
More Information
Great destination pub in a picturesque setting
What would you do with this pub to make it even more of a success?
The area
The Fox Inn is located in the village of Hallaton, near Market Harborough, close to the A47between Leicester and Uppingham. The pub is surrounded by rural housing.
The pub benefits from being the only pub trading in the village in an area of around 400 adults. It’s proximity to the A47 makes it a great destination pub for those looking for classic pub grub in a picturesque setting. The mixed customer base is made up of a more mature local clientele, walkers, cyclist and people seeking a destination venue at weekends.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a strong 60/40, wet/dry food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via a well thought through seasonal menu, local events such as the annual bottle kicking weekend and Hallaton Fest. It offers a selection of popular beers, ciders, wines and spirits, cask ales, and coffees.
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 destination food outlet hospitality business. The pub would suit a couple with chef and front of house experience. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable experience for their customers. 4.5 star Trip Advisor Reviews and Travellers choice award 2022.
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
- Open plan trading area with designated trading zones
- 50 internal covers
- 50 external covers
- Small, well set-out kitchen
- Smart Dispense
- Large beer garden with duck pond
- Car Park with 20 spaces plus on-street parking
- Separate outbuilding that could be utilised to drive trade further, e.g., gift shop, deli etc.
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, bathroom and office. There is no private kitchen in the accommodation.
| Annual Rent | £ 29,870 |
| Estimated Annual Turnover | £ 383,009 |
| Deposit | £ 7,468 |
| Estimated Fixtures & Fittings Value | £ 16,495 |
| Estimated Stock Valuation | £ 6,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 33,963 |
| Estimated Minimum Ingoing Costs | £ 12,489 |
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:
30, North End, Market Harborough, LE16 8UJ
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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