The Black Lion is perfectly situated in Scarborough city centre set just off the main high street and is popular with tourists and locals alike. It is a listed building and has been a staple in the town for many years. It is a 2 bar operation, comprising a main bar area with pub games and a lounge area. To the rear of the pub is a small but ideal beer garden with tables and chairs also on the pavement at the front of the pub for the sun worshippers. The site is wet only but has a good sized kitchen providing the opportunity for the operator to have their own food offer. In addition to the bar areas there are also 7 letting rooms with 2 shared bathrooms on the top floor of the pub. The customer base is a mix of locals and tourists in warmer months.
This is a great prospect for an licensee who is passionate about their local community and tourists. The site currently takes on average £6,500 per week with 90% of sales from the wet side of the business, and 10% of turnover from its letting rooms, but has the potential to achieve up to £10k a week by adding a good own food menu and drinks sales. We are also keen to support the new operator with an increased % of weekly sales for an initial period to help drive earnings and Marston's is offering a £5,000 retention bonus to the new operator once they completed 6 months service in the pub (Terms & conditions apply).
What’s in it for you?
* 20% share of weekly wet sales, excluding VAT, with an enhanced % available for the first 6 months.
* Keep 100% of the food and letting room sales.
* Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost. (*deposits can vary dependant on business – ask us for more details*)
* Accommodation included with most bills covered, except the council tax & TV License.