Lion & Lamb Daventry
Lion & Lamb Daventry
12, High Street, Daventry, NN11 4HT Pub Code: 0020573101
Pub Code: 0020573101
Investment TenancyEst. Annual Turnover: £324,269
Annual Rent: £16,042
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...
Trading Area & Facilities
- Main trading area with bar
- 50 internal covers
- 20 external covers
- Catering kitchen
- HEINEKEN SmartDispense
- Rear courtyard garden
Private Accommodation
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs
£22,511
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
Selected pub
Other pubs
Nearby events
To 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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