Run a Star Pub - Shoemakers Leicester - Leicester

Job Details

Pub Overview

Community pub with sports and events. What would you do with this pub to make it even more of a success?

The Shoemakers is a fantastic opportunity to build on a well-established wet-led offer. With strong ties to the local community and a loyal customer base, the pub is ideal for someone who understands the area and can continue to deliver a welcoming, inclusive experience. Sports viewing and pub teams are central to its identity, and there’s scope to enhance the function room offering and outdoor trade.

The Area:

The Shoemakers is located in the Braunstone, residential community in Leicester, close to the ring road and adjacent to an industrial estate. It backs onto Sharmon Crescent, home to a local post office and Co-Op supermarket, attracting regular passing trade.

Demographics:

The pub is one of the few wet-led venues in the Braunstone area, serving a diverse adult population. The customer base includes sports fans, families, and local residents who value a traditional pub atmosphere.

The Offer:

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a strong wet-led community offer with live sports, pub games, and local events. The site currently drives trade via sports viewing, darts and pool teams, and its function room. It offers a selection of beers, spirits, and soft drinks.

We’re always open to new ideas-what would you do to drive trade?

Operator Profile:

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:

• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with 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
  
• Outdoor Trade
  
• Live Sports
  
• Pub Games
  
• Car Park
  
• Function Room
  
• Private Accommodation
  

Trading Area & Facilities

• Main trading area with long galley bar
• Lounge area with mezzanine hosting dart boards
• Function room (lounge doubles as event space)
• Enclosed beer garden with timber structure
• Car park with approximately 20 spaces

Private Accommodation

Private accommodation consists of three bedrooms, lounge, kitchen, and bathroom.

Pub Financials

Pub Financials Icon
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**:

£11,525 - £24,230

Annual

Estimated Annual Turnover

£194,824

Annual Rent

£12,299

Entry Costs

Deposit
**Deposit build up from 1 month rent

£3,075**

Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available

£10,655**

Stock Valuation

£7,000

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