Barons Cross Inn, Leominster
West Midlands
Barons' Cross, Leominster HR6 8RS, UK
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 25 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.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
Trading Style
This is a traditional pub that caters to both local residents of the town and passing trade which increases during the summer months. The pub also benefits from a touring caravan park to the rear of the site which can bring in additional income and associated sales. Trade at the pub is both food and drink led with room to further develop the drinks offer to benefit the wider local community. There has historically been a traditional food offer which has been successful although the new licensee will need to put their own stamp on the food side of the business. There is an opportunity to also introduce teams in the pub such as pool, darts and crib which could tap further into the local market.
Private Accommodation
The private accommodation consists of three bedrooms, kitchen, sitting room and bathroom.
Annual Rent: £TBC (Initial start up rent of £7,625 available)
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.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.
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 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Ingoing Cost: 10000
Annual Cost: 0
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. This pub offers a huge opportunity to grow all aspects of the business, whilst at the same time developing further use of the land and caravan park.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.