If you are looking for Pub Tenancies In St Ives, The Golden Lion Is Available !
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Pub Tenancies In St Ives – The Golden Lion Is Available !
The internal trading area comprises two bars with traditional decor throughout. The front bar has a lounge area overlooking Market Street and has a capacity for 20 / 24 covers. The rear bar has a pool table and gaming machines and seats 30 covers. The business has regular acoustic and live band sessions on Friday and Saturday nights, with good potential to increase this to a third night, and has also benefitted in the past from DJs on weekend evenings. There is a good sized equipped trade kitchen with a new extraction system fitted in recent times. Externally, customers can enjoy a compact patio area with picnic benches, which could easily be enhanced with some minor investment.
Externally, customers can enjoy a compact patio area with picnic benches, which could easily be enhanced with some minor investment.
Private Accomodation
The private accommodation is found on the first floor and consists of a Bedroom, Lounge, Bathroom and a small Kitchen space. There is also a separate office. On the first floor is also the commercial kitchen.
Stock & Glassware: £100.00
Cash Float: £700.00
Forecast Wet Turnover: £566,318.94
Forecast Dry Turnover: £62,923.63
Forecast Other Turnover: £0.00
Forecast Turnover: £629,242.57
Year 1 Rent: £0.00
Guide Rent: £39,000.00
Initial Deposit: £0.00
Full Deposit: £9,750.00
Full Tie Release: £78,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £16,000.00
Working Capital: £6,000.00
The Golden Lion is a great traditional pub that benefits from a central location and passing footfall. The pub currently attracts local residents throughout the year with music, there has also been a pool and darts team, and winter quiz nights have also been available. The pub benefits from increased popularity during the summer months, thanks to tourists visiting the area. With fantastic potential to tailor the food and drink offering to the high street and tourist market.
