Tenancy Opportunity - The Woolpack, Louth

Location
LN11 0DA, Louth
Salary
Business Opportunity
Posted
31 Aug 2017
Closes
28 Sep 2017

Tenancy Opportunity - The Woolpack, Louth

  • Thriving pub located in popular residential area
  • Large beer garden
  • Fully equipped catering kitchen
  • Total Ingoing Investment: £18,227.67 Plus Working Capital In Reserve
  • Projected Annual Turnover: £443,158.26 exc. VAT
  • Rent: £44,500.00

The Woolpack is located in the Lincolnshire market town of Louth, in a largely residential area 1 mile to the east of the town centre. The detached 2 storey building is divided into 3 trading areas; a 24 cover restaurant, lounge with open fire and an additional 16 covers, plus a games area with a real fire and pool table. Outside there is a car park suitable for 14 vehicles, with one additional disabled space, as well as a large secure grassed beer garden with picnic tables.

Experience and qualities to be demonstrated by the successful applicant

  • Passionate about serving the local community
  • Good marketing and social media skills
  • Experience of pub/restaurant catering
  • Knowledge about a variety of drinks including real ale

Business agreement available

This pub is available on a 3 year renewable secured tenancy (i.e. automatically renewable). This includes a supply agreement for all wet stock.

The Profit Partnership Plus tenancy agreement offers highly discounted Free Trade Cash and Carry Pricing.

For the duration of the term of the agreement and subsequent agreements if renewed, there are no rent reviews.

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