Run a Star Pub - White Lion Beeston - Nottingham
Job Details
Pub Overview
What would you do with this pub to make it even more of a success? The area The White Lion is located in the town of Beeston, and Student facilities. The pub is surrounded by commercial businesses. Demographics The pub benefits from being one of 18 pubs found in an area of around 6,688 adults within a 10-minute walk time. The White Lion customer base is made up of Mature, Young and Midlife adults. The offer Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in building on both the Wet and Dry offer that the current operator has developed since its refurbishment in 2023 The site currently has the ability to drive trade via both Wet and Dry sales. It offers a selection of cask ales, coffees, and popular beers, ciders, wines and spirits. We’re always open to new ideas, what would you do to drive trade? 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 pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers. 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... Features- Foundation Tenancy
- Catering Kitchen
- Outdoor Trade
- Car Park
- Function Room
- Cask Ale
- Main trading area with bar
- Separate dining room
- 144 internal covers
- 106 external covers
- Large catering kitchen
- SmartDispense
- Large rear patioed garden with separate outside bar
- Car park
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 range from**: £19,923 - £74,171 Annual Estimated Annual Turnover £776,879 Annual Rent £53,087 Entry Costs Deposit
**Deposit build up from 1 month rent £13,271** Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available £45,400** Stock Valuation £12,000 Working Capital Required £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. Downloads
- Demographics Report Download arrow
- Energy Performance Certificate Download arrow
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