Tenancy - Leeds Arms
7 days left
- Tenancy & Leasehold
Tenancy - Leed Arms
Traditional and popular site which is perfect for operators who can develop a menu and get involved in the local community. This would be a great first time operator site, perfect to manage and develop with a single serve bar and catering kitchen enabling lower staffing costs. A cosy local pub with a large reception lounge area for visitors who come for social drinks or to enjoy coffee after dinner. The Leeds Arms has a bright restaurant area which is ideal for someone who would like to develop the food menu. With a recently decorated decked area, there is a perfect outside space for the summer months. As a friendly local pub you can expect people of the community to come and enjoy quiz nights, entertainment and pub games on a regular basis.
Entry cost from: £11,800.00
Annual rent: £32,000.00 per annum
Agreement Tenancy – Standard Tenancy
Type of Tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List
LOCATION A semi rural pub in the heart of the community village of South Anston, with a large car park making it easy for the locals and destination trade alike.
CURRENT PREMISES LICENCE OPENING HOURS
Monday - Thursday 10:00 - 23:30 Friday and Saturday - 10:00 - 00:30 Sunday 10:00 - 00:00 About the business
The main door opens out into the central bar area, to the right is an area designated for the pool table and upright drinking. Around the bar there is ample seating and upright drinking, a soft seating area opposite also makes a nice addition. Heading left leads to the restaurant which has patio doors leading out onto the decking and patio area. This area can also double up as a function room for private parties. Catering kitchen leads from the rear of the bar and easy access to the cellar.
Car park spaces 20
Dining rooms 1
Food covers 50
Trade kitchens 1
Patio areas 1
The accommodation is on two floors which comprises of a domestic kitchen, family bathroom and four bedrooms on the first floor and lounge and two further rooms which could be extra bedrooms, office or dinning room.
Private Rooms 10 Lounge 1 Single Bedrooms 3 Double bedrooms 2 Private Kitchen 1 Bathrooms 1 Toilets 1 Office 1
Entry costs approx £11,800.00 which includes brokers and stocktaking fees, training fees, Schedule of Conditions, working capital and deposit (25% of head rent, minimum £6,000). Please note Fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials figures are all to be finalised. RENT INFORMATION Annual rent £32,000.00 per annum Weekly rent £615.38 per week fixed Notes £32,000.00 per annum, £615.38 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. *Machine income free of tie* Brokers £675.00 Legal £825.00 Deposit £6,000.00 Stocktaking fees £150.00 Fixtures & fittings TBC Working capital £3,000.00 Other costs £1,150.00 Total entry cost £11,800.00
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. Calculators to help you are available on the business planning section of our website.
WHY CHOOSE US?
By choosing Greene King, you’ll be joining one of the Uk’s most successful and respected leased and tenanted pub companies. With a heritage of running pubs and brewing beer that can be traced back over 200 years, at Greene King we’re proud of our history and confident that, as the country’s leading pub retailer and brewer, we can help make your pub the success it deserves to be.
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