Pub Tenancy (Short Term/Temporary Agreement) - The Beer & Bean
Description of the pub
The Beer & Bean is located in the very centre of the market town of Sleaford. Decorated to a high standard the pub offers an open plan ground floor trading area serving a selection of real ales, food and coffee. The pub also has an attractive beer garden and car park to the rear of the premises and has a pavement licence that will allow tables and chairs to be placed on the pavement at the very front of the building boosting its pavement appeal.
The living accommodation
The living accommodation consists of three bedrooms, lounge, bathroom, private kitchen and office. This is a Short Term/Temporary Agreement Immediate Start Required
Brief description of the present trading environment
The pub has recently had a major refurbishment so it appeals to cask ale drinkers, day time shoppers and those looking to dine.
09.00am – 01.00am everyday
09.00am – 01.30am everyday
The cost of taking the pub on is £1,000, plus stock at valuation, valuation fees and working capital.
The experience and qualities we consider desirable in order to run this type of business include having good marketing skills to be able to attract local business and shoppers. The ideal tenant will understand and be able to identify new night time opportunities as well as develop the daytime offer. Good attention to service and standards will be essential.
Business agreements available
This pub is available on a Tenancy at Will. The pub can be let on a standard tenancy arrangement of a subsidised rent and standard pricing, or Profit Partnership Plus pricing with the rent adjusted accordingly.
Details of the catchment area
Sleaford has a residential population of around 20,000 with approximately 45% of the residential population aged between 30 and 59. These are the demographics that the Beer & Bean is being positioned to target. The most recent census reports good economic activity with 65% currently in employment.
Details of local facilities
There are good facilities in Sleaford including schools, health centres, a busy high street and numerous leisure facilities.