Pub Tenancy - Skegness
Pub Tenancy - The Woolpack Pub & Kitchen
We're looking to recruit enthusiastic and committed tenants to run our pubs on a self-employed basis.
- Popular market place flagship pub, 400 yards from Batemans Brewery.
- 7 well-furnished en suite letting rooms
- Large function room
- Fully equipped commercial kitchen
- Substantial refurbishment completed in 2015
The Woolpack Pub & Kitchen is located on the market place in the centre of Wainfleet, just a short distance from Bateman’s Brewery. The pub dates back to the 18th century and is mid terrace, with a small car park to the rear and ample parking in the market place opposite. An external redecoration has recently been completed. There is a small beer patio with decking to the rear. Internally the pub is divided into 4 trading areas; a public bar with pool table, a lounge bar, a dining room and a function room. To the first floor there are 7 letting rooms, all with upgraded en suite facilities and flat screen TVs.
Monday - Sunday
09:00 to 01:00
Live & Recorded Music
Friday and Saturday
19:00 to midnight
The domestic area comprises 2 double bedrooms, a kitchen, a family bathroom, a lounge and a secure office. There is LPG central heating throughout and the private quarters are in very good decorative condition.
Details of facilities in the neighbourhood
The town of Wainfleet is the home of Batemans Brewery which is complemented by its own a camping site and Visitors Centre, a short walk away from the Woolpack. The popular resort of Skegness is 5 miles away. There is a Primary school in the town, with older children attending local secondary schools in Skegness and surrounding areas. There is a regular bus service to Skegness stopping in the market place, and trains from Wainfleet run to Skegness, Boston, Nottingham and Grantham. Popular local tourist attractions include the Lincolnshire Wildlife Park and Gibraltar Point Nature reserve.
Brief description of the present trading environment
The public bar is home to pool and darts teams, and is also used for pub games and sports viewing. The front lounge has 20 covers while the dining area has a further 26 covers. The function room could be used for business meetings or celebratory events, and seats 40 people for Sunday lunches. All areas are in very good decorative order. There is a fully equipped catering kitchen with preparation area and storage room, and chilled beer cellar serving 4 x hand pulled ales. The rear entrance leads onto a car park for 6 vehicles and also a decked patio area. On the first floor there are 7 superior quality letting rooms (3 double, 3 twin and 1 single), with upgraded en suite bathrooms and flat screen TVs, attracting tourists and business travellers alike.
The cost of taking the pub on is £17,700, plus stock at valuation, valuation fees and working capital.
Experience and qualities to be demonstrated by the successful applicant
- Experienced in letting accommodation
- Keen to serve the local community
- Passionate about cask conditioned beer
- Driven to achieve the very highest retail standards in Batemans’ flagship pub
Business agreements 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.
Projected Annual Turnover is £355,050.32 excluding VAT.