Are you looking to lease a pub in the Kings Lynn area? If so why not run The Lattice House as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Lattice House is one of them and is now available via Love Your Pub!
Why not contact the team today for more information about this venue and how you can take the next step in your hospitality career!
Lease A Pub In Kings Lynn – The Lattice House Is Now Available !
The Lattice House is a large historic pub close to the centre of Kings Lynn which is close to the North Norfolk Close the building itself dates back to the 15th century. The population is 45000 and the town is a central hub for the North Norfolk region and enjoys the facilities to match this as well as seeing a number of new housing developments.
Pub Layout
The main entrance goes through to the bar servery and customers are able to choose a number of smaller trade areas to enjoy their drinks. The large cellar and trade kitchen’s are both on the ground floor and enjoy easy access from the bar area. On the second floor there is a smaller bar servery suitable for peak trading or functions with larger areas for either pool / darts or further covers and function space. There is a small external drinking area off the ground floor with space for 4-5 tables in an attractive walled setting
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Lease A Pub In Kings Lynn – The Lattice House Is Now Available !
The pub is currently not trading but was until very recently and due to being in very good condition is ready to trade now. There is scope for food in terms of an offering the would compliment a relaunched drink offering. We see the Lattice House as being more of a drink orientated opportunity and should offer something away from the nearby value led offers in the centre of Kings Lynn. The pub has real potential for growth , incorporating sports teams, quiz nights and a strong rhyme of the week is a must.
Private Accommodation
There is a 1 bedroom flat with a sitting room, kitchen & bathroom it also has its own private access and is in good condition
Lease A Pub In Kings Lynn – The Lattice House Is Now Available !
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £4,000
Stock:
F&F: TBC (Funding options may be available)
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed)
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property
Working Capital – This is a recommended amount required which will be used in the day-to-day running of the business
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Ingoing Cost: 9000
Annual Cost: 0
Lease A Pub In Kings Lynn – The Lattice House Is Now Available !
We are looking for an individual or couple who can add something different versus the array of local value led wet Operators. This may be a more premium offer with ales, craft beer as well as a bespoke food offer. Good retail standards and a strong marketing plan are a must.
