Navigation Inn Wigston
Welford Road, Wigston, LE18 3TEAgreement Type: Foundation Tenancy
View for Navigation Inn Wigston details46, Moat Street, Wigston, LE18 2GD
Pub Code: 2300054101
Est Min Ingoing Costs: £25,751
Annual Rent: £14,262
Established, Wigston, centrally based pub!
What would you do with this pub to make it even more of a success?
The area
The Old Crown Inn is positioned on a busy main road in the town of Wigston, close to Wigston’s main shopping centre. The pub is surrounded by residential housing.
The pub benefits from being one of 5 pubs found in an area of around 4091 adults. The mature customer base is made up of local residents from the community.
The offer
The Old Crown Inn is available on our investment tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a value driven 100% wet led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via Selection of pub games, it has its own skittle alley and It offers a selection of cask and craft ales.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
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…
The Old Crown Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.
The refurbishment works will include:
The pubs trading area and facilities post refurbishment will be:
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private accommodation consists of 2 double bedrooms, a living room, kitchen, bathroom and office
Annual Rent | £ 14,262 |
Estimated Annual Turnover | £ 210,310 |
Deposit | £ 3,566 |
Estimated Fixtures & Fittings Value | £ 14,685 |
Estimated Stock Valuation | £ 4,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 25,751 |
Estimated Minimum Ingoing Costs | £ 25,751 |
46, Moat Street, Wigston, LE18 2GD
Agreement Type: Foundation Tenancy
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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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