Skip to content

Lion & Lamb Daventry

Apply for this Pub

Lion & Lamb Daventry

12, High Street, Daventry, NN11 4HT Pub Code: 0020573101

Pub Code: 0020573101

Investment Tenancy

Est Min Ingoing Costs: £22,511

Annual Rent: £16,042

Apply for this Pub

High street bar with courtyard garden

The Area

The pub is located in Daventry town centre, positioned on the high street. The location provides access to people visiting the town during the day for shopping, as well as those looking for a place to relax in the day and evening.

Demographics

The surrounding area is predominantly medium affluence. Within a 10-minute walk time there are approximately 3,000 adults, increasing to around 18,000 adults within a 20-minute walk. There are 12 pubs within a 10-minute walk.

The Offer

The Lion & Lamb is available on our Investment Tenancy agreement. Click here for more information on this agreement.

Externally, the pub will receive new external decoration including new signage and lights. The rear courtyard garden will be developed alongside other minor repairs. These improvements will support strong everyday trading across different day-parts and throughout the year.

The pub will appeal to all ages and mixed groups, drawn by the great location on the high street, a great range of beers and ciders, and a more welcoming environment. Entertainment includes quizzes, weekend live entertainment and live sport.

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 Lion & Lamb will have extensive experience in community-led hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers.

If this sounds like the pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

  • Investment Tenancy

  • Refurbishment Planned

  • Outdoor Trade

  • Pub Games

  • Private Accommodation

  • Catering Kitchen

Trading Area & Facilities

  • Main trading area with bar
  • 50 internal covers
  • 20 external covers
  • Catering kitchen
  • HEINEKEN SmartDispense
  • Rear courtyard garden

Private Accommodation

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

Pub Financials Icon

Estimated Total Ingoing Costs

£22,511


Estimated Minimum Ingoing Costs

£22,511

Annual Rent
£16,042
Estimated Annual Turnover
£324,269
Deposit
£4,011
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£5,000
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:

12, High Street, Daventry, NN11 4HT

Google map location image of Lion & Lamb Daventry
[]

Blue map location pin Selected pub

Dark blue map location pinOther pubs