Are you looking to let a pub in the Loughborough area? Why not run ‘The Rose And Crown’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and ‘The Rose And Crown’ is Now Available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Let A Pub In Loughborough – Run The Rose And Crown !
The Rose and Crown has investment planned to refresh internally and to improve the outside trading space. This characterful canal side pub is located midway between Kegworth and Loughborough on the busy A6006. It boasts a good-sized beer garden with 80 covers overlooking the waterway, and an open plan trading opportunity for 100 cover dining and drinking, including a small room that would lend itself to private functions or dining. The business has operated as a destination food outlet for many years and has become well established in the locality. The Rose and Crown would best suit a multiple operator or experienced couple with a strong desire to operate a food led pub.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Let A Pub In Loughborough – Run The Rose And Crown !
The Rose And Crown Loughborough
Overview of Rose And Crown
The Rose and Crown has investment planned to refresh internally and to improve the outside trading space. This characterful canal side pub is located midway between Kegworth and Loughborough on the busy A6006. It boasts a good-sized beer garden with 80 covers overlooking the waterway, and an open plan trading opportunity for 100 cover dining and drinking, including a small room that would lend itself to private functions or dining. The business has operated as a destination food outlet for many years and has become well established in the locality. The Rose and Crown would best suit a multiple operator or experienced couple with a strong desire to operate a food led pub.
Indoor trading area
The Rose and Crown has a planned investment to fully redecorate and refurbish the internal trading area to create a modern contemporary feel in what is a traditional pub. The pub will retain the beautiful original features such as two open fireplaces, wooden beams, and exposed brickwork. The internals of the pub has potential for 100 covers in an open plan setting, which includes 20 covers in a smaller dining or function room.
Outdoor trading area
The current external area has a picturesque canal side location, with either a decked area or grassed area to take in the views in the warmer months. This area will be improved with new decked area and grassed beer garden to refresh the current offering. This will provide a real kerb appeal and WOW factor.
Your living accommodation
The private accommodation comprises of three bedrooms, a lounge, a shower room with toilet, and an office.
Surrounding area
Located 10 mins from the M1 Junction 23 midway between Leicester and Nottingham, and four miles north of Loughborough. The pub itself is situated in a rural setting in a picturesque countryside surrounding, and close to the River Soar.
Local competition
- Plough Inn,Main Street, Loughborough, LE12 5HB (0.6 mi)
- Kings Arms,Derby Road, Loughborough, LE12 5LD (0.8 mi)
- Dewdrop Inn,Loughborough Road, Loughborough, LE12 5HY (1 mi)
- Anchor Inn,Loughborough Road, Loughborough, LE12 5JB (1.1 mi)
- Leys Guest House,Loughborough Road, Loughborough, LE12 5JB (1.1 mi)
Let A Pub In Loughborough – Run The Rose And Crown !
The Rose And Crown Loughborough
Partnership Terms
Guide Rent: £42,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND I
The proposed agreement: Retail Partnership Tenancy
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£18,500.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £42,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£25,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£15,250
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
Partnership Terms
Guide Rent: Offers Invited
The proposed agreement: Commercial Lease (Free of Tie)
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
Estimated Capital start-up
You will need to have funds available to cover stock and glassware, deposit (25% of the final rent) and other contractual charges.
Estimated fixtures & fitting value
£25,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£15,250
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
The Rose And Crown Loughborough
Regional Manager’s thoughts on the Rose And Crown
The Rose & Crown has been a popular destination pub for many years and with the investment planned will be a standout pub in the area. Due to its great canal side location the Rose & Crown attracts not only local tourists and walkers to the area, but also drinkers to take in the views on good weather days. The Rose and Crown would suit a multiple operator looking for additional high performing food sites or an experienced couple looking for a food led pub business.
Julian, Regional Manager
