White Lion Bulkington

Leicester Street, CV12 9NQ

  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington
  • White Lion Bulkington

White Lion Bulkington

Great All-round Pub

The White Lion, in Bulkington is well loved by locals for it's great food offer. The superb beer garden and play area help to increase trade during the summer months. The pub has a cosy relaxing atmosphere Bulkington is a reasonably affluent village of about 6,500 people, which is popular with families, retirees and is a desirable commuter area with a strong sense of community, located close to Bedworth but boasting its own amenities. Bedworth has excellent transport links as it is situated just off the M6 at junction 3, and there are regular buses into Coventry and Nuneaton.

Friendly and Outgoing Publican

Wanted We're looking for a friendly and outgoing publican with a talent for customer service. Ideally, you'll have a few local connections to tap into, which will enable you to get the most out of the pub with a series of high-profile community events and seasonal parties, but day-to-day dining and drinking are also key to the pub's continued success.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The White Lion is a handsome whitewashed building with good internal and external trading areas. The catering kitchen services up to 46 covers in the open-plan bar area.

Outside, the pleasant beer garden also includes a play area for children, and there is parking for around 10 cars.

Private Accommodation

The private accommodation consists of three bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

For full premises license details, please refer to the premises license.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 12:00 - 23:00

Financials

Annual Rent £
21,500
Estimated Annual FMOP (Licensee Profit) £
24,652
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
254,493
Estimated Annual Barrelage
177

“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

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
5,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
2,000
Deposit Amount £
5,375
Rent In Advance £
413
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
14,973
Estimated Minimum Ingoing Costs £
8,977

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 £
2,058
Estimated Annual Maintenance Compliance Charge £
0
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