Pub Overview
The area: We’re investing in this pub in the heart of Walkeringham. Situated in a charming village near Gainsborough with some 800 adults in walking distance of this pub, with no other competitor pubs in the area. The neighbourhood is made up of mature & mid-lifers, with medium-high affluence. Visitors will be a mix of local residents and tourists from the nearby marina on the River Trent and local caravan sites, looking for a relaxed pub in a scenic village location.
The offer
The Fox & Hounds is available on our investment tenancy agreement. The pub will feature a traditional yet fresh decor, complete with a new kitchen, dining area, and lounge, making it the perfect spot for a meal, a pint, or a cosy evening by the fire. The new licensee will be at the centre of village life, offering a warm, welcoming atmosphere with classic pub food, a great drink selection, and occasional events like pub quizzes and darts nights.
Could this be you?
The right operator for The Fox & Hounds will have experience in a community-led 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.
Features
* Car Park
* Catering Kitchen
* Investment Tenancy
* Private Accommodation
* Refurbishment Planned
* Pub Games
Trading Area & Facilities
The Fox & Hounds will be undergoing a refurbishment which will cover the interior of the pub. A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
* 2 trading areas with bar
* 69 internal covers
* 36 external covers
* Catering kitchen
* Car Parking
* Games area
* External seating patio.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
Private accommodation consists of 4 bedrooms, a living room, kitchen, and a bathroom
Pub Financials
Estimated Total Ingoing Costs: £36,392
Estimated Minimum Ingoing Costs: £36,392
Annual Rent: £27,566
Estimated Annual Turnover: £362,935
Deposit: £6,892
Estimated Fixtures & Fittings Value: £20,000
Estimated Stock Valuation: £6,000
Estimated Working Capital: £3,500
Downloads
* Demographics Report
* Energy Performance Certificate
* Refurbishment Details
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