Pub Tenancy - The Treaty of Commerce, Lincoln

Pub Tenancy - The Treaty of Commerce,  Lincoln

Description of the pub

The Treaty of Commerce is an excellent house with a good reputation for Real Ales. Located in the very heart of the busy Lincoln High Street and just a stone’s throw from the Railway Station. This pub offers a selection of Cask Ales to its customers in an environment full of character and charm with high ceilings and a Victorian back bar. In addition to the beer, the pub boasts a good sizes catering kitchen as well as a beer garden to the rear.

The living accommodation

The private accommodation consists of three bedrooms, separate bathroom, kitchen and lounge.

Brief description of the present trading environment

The pub boasts a good sized catering kitchen which allows a good food offer to be available; which includes Sunday Lunches every Sunday. This is an excellent opportunity for anyone looking for a busy pub on the High Street coupled with a passion for cask ales and good food!

Licence details

Alcohol Sales

10:00am – 1:30am

Live Music

6:00pm – 1:00am

Recorded Music

12noon – 12:00am

Opening Hours

10:00am – 2:30am

The cost of taking the pub on is £9,463.07, 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. You will have passion and drive to offer an excellent range of cask ales, good food and exceptional service on a busy City Centre High Street.

Business agreements available

This pub is available on a 1 year tenancy agreement. The pub can be let on a standard tenancy arrangement of a subsidised rent and standard pricing, or on a Profit Partnership Plus arrangement with preferential pricing with the rent adjusted accordingly.

Details of the catchment area

The pub is located on a very busy High Street in Lincoln and is only a few minutes stroll from the city centre. Lincoln College is also very close by along with Siemens who are one of the largest employers in the city itself.

Details of local facilities

With the Treaty being so close to Lincoln city centre, schools, colleges, hospitals, shops and a whole host of recreational facilities are all close by.

Projected Annual Turnover is £181,642.20 excluding VAT.