Three Crowns Barrow upon Soar
2 Cotes Road, Loughborough, LE12 8JSAgreement Type: Foundation Tenancy
View details for Three Crowns Barrow upon Soar
Hunting Lodge Barrow upon Soar
38, South Street, Loughborough, LE12 8LZ
Pub Code: 2300002101
Key Features
- Destination outlet with letting rooms
- Beautifully designed and decorated interior
- Impressive period features, including open fires
- Extensive outdoor trading areas
- Large private Accommodation
- Dual car parks for approx. 40 cars
Est Min Ingoing Costs: £18,346
Annual Rent: £58,148
More Information
Impressive period, rural pub with letting rooms.
What would you do with this pub to make it even more of a success?
The area
The Hunting Lodge is located in the village of Barrow Upon Soar, nestled between tributaries of the river Soar. The pub is surrounded by rural housing, eateries and village stores, serving the local community.
Barrow Upon Soar is popular with boat enthusiasts, walkers and tourists to the Leicestershire area.
The pub benefits from being one of 4 pubs found in an area of around 3000 adults. The diverse customer base is made up of a mix of career professionals, families and retirees who enjoy a rural lifestyle.
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 50/50 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade through its food offer, locality and beautiful, well-proportioned letting rooms and. It offers a selection of popular beers, ciders, wines and spirits, and a varied, locally sourced food offer.
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 destination food outlet or similar hospitality business with letting rooms. They will have a clear vision for their food & drinks menu and marketing strategy to 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 long saloon bar
- Separate dining room
- 110 internal covers
- Potential for a high number of external covers
- Well specced long galley kitchen
- Smart Dispense
- 6 first floor letting rooms with private entry to accommodation
- Stunning sunken garden to the rear for al fresco dining and enjoying drinks
- Artificial grassed area to the front with garden seating and planters
- Dual car park with approx. 40 spaces
- Walk in cold store contained within a separate dwelling
Private Accommodation
Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom and office Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
| Annual Rent | £ 58,148 |
| Estimated Annual Turnover | £ 967,433 |
| Deposit | £ 14,537 |
| Estimated Fixtures & Fittings Value | £ 65,255 |
| Estimated Stock Valuation | £ 10,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 93,292 |
| Estimated Minimum Ingoing Costs | £ 18,346 |
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:
38, South Street, Loughborough, LE12 8LZ
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View details for Horse & Groom RearsbyTo 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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