George Hotel Rugby

Watling Street, Rugby CV23 8YE

  • George Hotel Rugby
  • George Hotel Rugby
  • George Hotel Rugby
  • George Hotel Rugby
  • George Hotel Rugby
  • George Hotel Rugby
  • George Hotel Rugby

George Hotel Rugby

Refurbishment Planned - Multiple Income Streams

Located within the village of Kilsby, The George Hotel is a traditional pub that offers home cooked food and rooms to let in a relaxed and welcoming atmosphere. Due to the pub's proximity to the M1 and M45, the pub can appeal not only to village locals but also to business travellers, with a variety of offices and a rail freight terminal close by.

Food is key at the pub, with its current menu of home cooked pub classics being well received. There is real scope with this pub to develop the menu even further and market the pub as a drive to destination for great food and entertainment such as live music or quiz nights. Further income streams of this business include three letting rooms and a private function room that is perfect for business meetings or milestone birthday celebrations.

Watch this space for more information on our refurbishment plans for The George Hotel.

Experienced Food Operator Wanted

Are you an experienced operator who has a passion for great food and great service? Apply now to find out more about how Star Pubs & Bars, a 2018 Publican Awards winner, can support you to grow this promising business.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Function Room
  • Car Parking
  • Refurbishment Planned
  • Outdoor Trade
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Inside, the pub is split into a main bar and lounge. Our refurbishment plans to increase the total amount of covers from 35 to 100. A private function room has the ability to seat 30 covers for formal dining or more for business meetings. There are also three letting rooms at the pub.

Outside, the pub has a traditional coach house feel and has good kerb appeal with the addition of floral hanging baskets. The car park can accommodate up to 20 vehicles and there is a spacious beer garden.

Private Accommodation

There is private accommodation at the pub - more details to follow.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
- - - - - - -

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
TBC
Estimated Designated Premises Supervisor / Manager Fee £
TBC
Premises Licence Fee £
TBC
Rates Assessment Fee £
TBC
Estimated Legal Fees £
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

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 £
1,890
Estimated Annual Maintenance Compliance Charge £
TBC
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