If you are looking to let a pub in Lydney, The Greyhound Inn is available !
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Let A Pub In Lydney – The Greyhound Inn Is Available !
The Greyhound is a large, double fronted, detached pub situated just outside the centre of Lydney and benefits from being surrounded by a popular residential area as well as being in close proximity to the main High Street. The pub sits in a prominent and elevated position being located on a slight hill, with a good sized garden to front and side. Lydney is a town in the county of Gloucestershire and is conveniently situated on the west bank of the River Severn and is approximately 16 miles south west of the city of Gloucester.
Pub Layout
Access to the Greyhound is both via the front door from the road and to the rear via the spacious beer garden. On entering the Greyhound, you will notice that there are two distinct trade areas which are interlinked and are both serviced by the good sized central bar. The smaller side of the trade area is currently used as a pool table and darts zone at present, however, this could be further utilized as a small function room. The main bar area in an L shape, has an open fire, lots of TV’s and a mixture of seating. To get to the main entrance a customer has to walk past a good sized beer garden to the front and side of the property.
Private Accommodation
The private accommodation consists of three bedrooms, lounge/office and a bathroom with separate toilet.
Annual Rent: £21,750 (Initial startup rent of £300 p/w (net) available)
Security Deposit: £5,000
Working Capital: £2,500
Stock: £2,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be 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.
I am looking for a passionate and driven individual or couple who have excellent retail standards. Ideally the best person for this pub would be someone from the local area who can reconnect the pub back with the local community. They will need an active rhythm of the week and a strong marketing plan with good social media presence to ensure the business is being driven forward.
The new licensee could also look to introduce a back bar food offer and encourage more families from the community as well as introduce innovative drinks offers to put the pub at heart of the local town again. Focussing on re-stablishing the day time drinking trade as well as re-connecting with sports teams and re-introducing rugby via BT Sports would increase the footfall and promote the welcoming feeling that the pub can hold. Music and sports have always been a key element in driving the business at this site and someone who can maximise on this would aid the pub in reaching it’s full potential.
