Run a Star Pub - Coach & Horses Kibworth - Leicester

Job Details

Pub Overview

Stunning village pub in the heart of the village!

Fantastic potential for the right operator to introduce an excellent food offering and transform it into the go-to venue that everyone knows and loves.

What would you do with this pub to make it even more of a success?

The area

The Coach & Horses is located in a prominent position in the village of Kibworth Beauchamp. The pub is surrounded by residential housing. It boasts excellent kerb appeal and attracts passing trade, with locals visiting on foot and customers traveling from the city to experience this beautiful, traditional destination pub.

It has excellent kerb appeal and benefits from passing trade, from locals visiting the pub by foot and customers wishing to travel outside the city to visit this beautiful, traditional, destination pub.

The pub benefits from being one of three pubs found in an area of around 7326 adults. The current customer base spans a wide range of ages.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a well thought through 70/30 food & drinksoffer. What food & drinks would you look to implement in the pub?

The site effectively attracts business by being a fantastic pub for the local community, offering a variety of cask ales, a classic pub menu, and coffees.

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.

Although, we also welcome applications from non-experienced candidates, as attitude can be as valuable experience so, 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
  
• Catering Kitchen
  
• Cask Ale
  
• Car Park
  
• Outdoor Trade
  
• Private Accommodation
  

Trading Area & Facilities

• Main trading area with bar
• Separate dining room
• 60internal covers
• 40 external covers
• Catering kitchen
• Smart Dispense
• Small outdoor trading area
• Car park with 15 spaces

Private Accommodation

Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom, and separate toilet room.

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**:

£13,649 - £34,723

Annual

Estimated Annual Turnover

£403,814

Annual Rent

£25,794

Entry Costs

Deposit
**Deposit build up from 1 month rent

£6,448**

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

£16,775**

Stock Valuation

£8,000

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