Pub Tenancy - Market Rasen
- Recruiter
- George Bateman & Son Ltd
- Location
- Market Rasen, Lincolnshire
- Salary
- Competitive
- Posted
- 02 Feb 2018
- Closes
- 28 Feb 2018
- Sector
- Bar & Pub jobs, Area Manager, Pub Manager, Pub Tenancy
- Highly visible main road location in affluent Lincolnshire village
- Fully equipped catering kitchen
- Exempt from Business Rates
- Good sized car park
The Cross Roads stands on the main A157 road between Lincoln and Louth, some 4 miles from the town of Wragby. Nearby are the popular sporting venues of Market Rasen Racecourse and Cadwell Park Motor Racing Circuit. The pub is centrally located in the village, with the Post Office next door. This detached building benefits from a large car park for c.25 cars, a detached double garage and a large secure beer garden with a patio. Internally, there’s the main bar, with a central bar servery and open fire. Additionally there’s a restaurant/dining area and a games room. This pub benefits from a fully equipped trade kitchen with a preparation area.
Licence details
Alcohol Sales
Monday – Saturday
10:00am – 12:00am
Sunday
12:00 noon – 11:00pm
Live Music
Monday – Sunday
5:00pm – 11:00pm
Recorded Music
Monday – Saturday
10:00am – 12:00am
Sunday
12:00 noon – 11:00pm
Living accommodation
The domestic accommodation comprises 3 bedrooms, kitchen, lounge and bathroom with WC bath and shower.
Details of facilities in the neighbourhood
East Barkwith has a population of just under 400 people and lies on the gateway to the Lincolnshire Wolds (designated an area of natural beauty). The 12th Century Grade 2 listed parish church is opposite the pub. Local children attend a primary school in Wragby and secondary school in Louth – there are frequent buses to each location. In addition to the Cross Roads, the village has a Hall, a park, and is also a focal point for walkers, with 5 historic walks starting from the pub. Roadside signs in each direction advertise the Cross Roads on entering the village.
Brief description of the present trading environment
Internally there is a main bar with 26 covers and an open fire, as well as a separate games room with a pool table, which leads out onto the beer patio with smokers’ umbrella. The bar servery has 3 hand pulls and well stocked bottle fridges. The small restaurant/dining room has 10 covers and an open fire. There is a large, fully equipped catering kitchen with a separate food preparation area. The pub benefits from Wi-Fi and a coffee machine. There is a separate entrance hallway from the main road, as well as access from the rear car park. The large grassed beer garden to the rear of the pub is a tranquil sunny location which is safe for children.
The cost of taking the pub on is £6,978.00, plus stock at valuation, valuation fees and working capital.
Experience and qualities to be demonstrated by the successful applicant
- Experience in catering trade is preferred
- Keen to fully exploit social media
- Motivated by village life and community events
- Passionate about real ale
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 £141,885.15 excluding VAT.