Are you looking for managed partnership pubs available in Leicester ? We have an excellent opportunity
The Jubilee Inn is a Wet led site…. which could make an excellent 1st pub for someone in a village location where the locals are very welcoming
The Jubilee Inn Leicester is a traditional wet only pub situated in the residential area of Newbold Verdon. There is an opportunity to introduce a small back bar offer for this pub.
TRADING AREA
The main trading area features a large bar servery with darts throw, TV’s which show live sporting events and an array of comfortable and fixed seating arrangements. There is also a lounge area that has a small hatch servery for drinks and includes a pool table and comfy couches that lead onto a decked area with smoking arrangement. To the rear of the premises there is an external garden area that can accommodate around 30 people and although there is no commercial kitchen, there is potential to introduce a small back bar offer.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Financial Info Jubilee Inn Leicester
Operator % fee:
30% of wet sales
Estimated weekly sales:
£5,000
100% wet only and retailer’s own food
Security deposit:
£5,000
Legal fees:
£360 +VAT
Working capital:
£5,000
Total ingoing costs:
£10,360 + VAT
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Jubilee Inn Leicester
LOCAL AREA AND CUSTOMER BASE
Newbold Verdon is a village in the county of Leicestershire. The pub is situated in a prominent position near to the local shops, library, primary school, Church and Post Office. Leicester city centre is located approximately 10 miles away, Loughborough is around 15 miles away and Nottingham is approximately 30 miles away from Newbold Verdon. There is access to transports links including road, bus routes and the closest train station is either Leicester or Hinckley.
The pub currently trading well and attracts a selection of locals from the surrounding area. It also attracts sports enthusiasts and has a number of pool and darts teams.
Managed Partnership Pubs Available In Leicester – The Jubilee Inn Leicester
BUSINESS POTENTIAL
The Jubilee Inn has a good local following for its cask ales, live sports and teams. There is a large external garden to the rear of the premises which could be utilised to its full potential during the summer months. There is also an opportunity to introduce a small back bar food offer.
The ideal operator should be experienced in operating a wet led community pub, be local to the area and have knowledge of cask ales. The new operator should drive the pub to be the heart of the local community and be able to effectively maximise sales.
Managed Partnership Pubs Available In Leicester – The Jubilee Inn Leicester
The Opportunity
Let your big ideas for your own pub run free as a foundation partner. Your earnings will be based on a percentage of weekly drinks sales, but you’ll have the flexibility to choose the food you offer and keep every penny of food sales! It’s the chance to:
Leave your old life behind and be your own boss
Commit to five of the most exciting years you’ll have ever worked
Live rent-free in the pub
Take home 30% of weekly drinks sales
Keep 100% of the money you make on food
Keep 50% of the profits from any gaming machines
Offer the award-winning range of fantastic Marston’s beers, wines, spirits and minerals
Have your drinks stock supplied and paid for by Marston’s, not to mention your heating and lighting
Learn from the best during your induction training and enjoy on going training and support from your dedicated Business Development Manager
Managed Partnership Pubs Available In Leicester – The Jubilee Inn Leicester
Private Accommodation
Private Kitchen
Yes
No of Double bedrooms:
1
No of Single bedrooms:
0
No of Reception rooms:
1
No of Private bathrooms:
1
Office
No
Things to consider
Managed Partnership Pubs Available In Leicester – The Jubilee Inn Leicester
You’ll need to put in a £5k deposit, plus legal fees and cover your own insurance (except building insurance, which we’ll pay for). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters. We’re on-hand to offer guidance as you plan your business overheads, like business rates (and your own residential Council Tax). Also, start thinking about any internal repairs and decoration you’d like to do to bring the place up to standard and committing to an annual decorating fund.
Before we all sign the agreement and see you heading into a whole new life, you’ll just need to show us proof that you’ve had independent financial advice from an accountant and solicitor, as dictated by the Statutory Pub Code. And, of course, obtain your personal licence (which we’ll help with) and complete your induction training.
It’s a five-year commitment, so you have loads of time to build the business and get it performing brilliantly.
