If you’re looking to lease a pub in Leominster, The Barons Cross Inn is available !
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Lease A Pub In Leominster – The Barons Cross Inn Is Available
The Barons Cross is a large detached building situated on a spacious plot. The pub is well situated, being located on the busy A44 with passing trade and housing developments nearby. The pub benefited from a new signage scheme to improve curb-side appeal in 2019. Leominster is a traditional market town located in the heart of Herefordshire, in the beautiful countryside on the England and Wales border. It has a population of around 12,000 however population increases massively over the summer months with visiting tourists enjoying all the town has to offer.
Pub Layout
The Barons cross has two entrances, one being from the car park to the side of the pub and the other being from the main road. On entering the pub from the front of the premises you are faced with the trading bar which has a fantastic and varied product range. Throughout the open plan trading area, you have the facility to cater for approximately 30+ covers and there is a good balance of mixed, eclectic-feel seating. along with rustic barrel tables to the rear, for vertical drinking. There is a sports area which consists of a pool table, darts board and games machines. The pub benefits from a fully functioning catering kitchen that is situated beyond the bar. To the rear of the premises, there is a large beer garden which also has a children’s play area. This leads onto an additional area of land which could cater for around ten caravans. There is a side field which can also cater for campers with tents. There is one external shower and toilets and the land has also been used for festival style music events in the past.
Private Accommodation
The private accommodation consists of three bedrooms, kitchen, sitting room and bathroom which are all in good order.
Annual Rent: £15,250
Security Deposit: £5,000
Working Capital: £2,500
Stock: £2,500
Business Rates: £Nil*
Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
* Based on the April 2023 rating list, the Zero Rates Payable is based on the licensee only occupying one property for commercial purposes.
The ideal applicant will either already have a proven track recording in managing a similar style pub or demonstrate the enthusiasm, passion and drive to enable the site to reach it’s full potential. The ability to introduce and develop a food offer at this site will be key to creating a sustainable business. The Barons Cross offers a multi-income stream site and there is an opportunity to grow all aspects of the business.
