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RegisterWhite Swan Grantham
White Swan Grantham
High Road, Grantham, NG32 1BH Pub Code: 2302518101
Pub Code: 2302518101
Investment TenancyEst Min Ingoing Costs: £33,563
Annual Rent: £28,251
A refurbishment of around £120,000 is planned to transform the White Swan into a premium local at the heart of the village.
What would you do with this pub to make it a success?
About the area
The White Swan is located in the village of Grantham, a historic Lincolnshire market town with a strong sense of heritage and community. The area benefits from steady local footfall and a settled residential population, rather than reliance on transient trade.
There are 1,396 adults within a 10-minute walk of the pub and 1,860 adults within a 20-minute walk, providing a strong local customer base within easy walking distance. Importantly, the White Swan is the only pub in the village, with no direct competition within a 20-minute walk. This creates a clear opportunity to re-establish the pub as the natural social hub for the community.
The existing customer base is a predominantly wet-led, value focused, mature demographic. The planned refurbishment will reposition the White Swan to appeal to a broader and more diverse audience, including families, casual diners and younger professionals, while still retaining its role as a local drinks-led pub.
The offer
The White Swan is available on our investment tenancy agreement. Click here for more information on this agreement.
Who we’re looking for
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 White Swan will have extensive experience in premium local or community-focused hospitality businesses. They will have a clear vision for delivering a consistent food and drinks offer, making the most of the upgraded kitchen, and using sport, events and day-to-evening trade to build sustained local loyalty and repeat visits.
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…
Refurbishment details
A full internal refurbishment is planned to breathe new life into the White Swan and bring it up to modern customer expectations. With an estimated investment of £120,573, the project will focus on transforming the interior trading spaces, improving layout, comfort and functionality, and relaunching the kitchen to support a new food offer.
What’s happening?
The refurbishment will include a full internal redecoration alongside the creation of a new bar, lounge area and snug, supported by all new fixtures and fittings, fixed booth seating, updated lighting and refreshed décor. These changes will create a comfortable, welcoming and safe environment where customers can relax and socialise.
A refitted commercial kitchen will enable the introduction of a food offer. The pub will also benefit from a refreshed gaming and sports zone, supported by Sky Sports, helping to strengthen its wet-led appeal while broadening its overall offer.
Why invest?
The White Swan is ideally placed to rebuild its reputation within the local community and unlock the potential of underused trading areas. The refurbishment is anticipated to significantly increase turnover, with projected growth of £7,000 per week, driven by improved facilities, a relaunched kitchen and a broader customer appeal.
Trading Area & Facilities
The refurbishment of the White Swan will cover the interior of the pub.
The pub’s trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate games and sports zone
- Catering kitchen
- Internal seating for approximately 55 covers
- External seating for approximately 36 covers
- Pub garden
- HEINEKEN SmartDispense
- Refurbished private accommodation including 3 bedrooms and a small office
- Car park with approximately 10 spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
The private accommodation consists of 3 bedrooms, living room, kitchen, bathroom, and a small office.
Estimated Total Ingoing Costs
£33,563
Estimated Minimum Ingoing Costs
£33,563
Annual Rent
£28,251
Estimated Annual Turnover
£359,297
Deposit
£7,063
Estimated Fixtures & Fittings Value
£18,000
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.
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:
High Road, Grantham, NG32 1BH
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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
