Fox & Hounds North Hykeham
East Midlands
Newark Road, Lincoln, Lincolnshire LN6 9SP, UK
The Fox and Hounds occupies a prominent position on the Newark Road, just under a mile from the A46 junction and on one of the main routes into Lincoln. It is adjacent to Hykeham Sailing Club and there has been substantial executive style residential development in the immediate vicinity allowing larger passing trade. The Fox is a two-bar operation with two main trading areas, a lounge to the left is used dominantly for catering and dining, with approximately 40 covers and access to the garden via patio doors. To the right is an area with a pool table that caters to local sports enthusiasts. There is a patio area that has great kerb appeal located to the front of the pub providing approximately 30 covers, ideal for enjoying an afternoon drink during the summer months.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
North Hykeham is a town located southwest of Lincoln. The pub is surrounded by private and council housing and benefits from being situated on the Newark Road which is one of the busiest main routes into Lincoln. The Fox and Hounds is has had recent exterior investment that ensures it has great curb appeal to people using this road to visit sports leisure and shopping destinations in the area.
Private Accomodation
The spacious accommodation boasts three-bedrooms, a lounge and a kitchen, all in good decorative order.
Agreement Fee: £750.00
Cash Float: £3,000.00
Fixtures & Fittings: £15,000.00
Forecast Turnover: £447,332.68
Full Deposit: £7,500.00
Full Tie Release: £0.00
Guide Rent: £30,000.00
Initial Deposit: £0.00
Repair Fund: £2,000.00
Stock & Glassware: £4,000.00
Working Capital: £16,500.00
Year 1 Rent: £20,000.00
Forecast Dry Turnover: £169,287.21
Forecast Other Turnover: £15,189.07
Forecast Wet Turnover: £262,856.41
Additional Info
Ingoing Cost: £16,500.00
Annual Cost: £30,000.00
Agreement Type: Retail Partnership Tenancy
The Fox and Hounds has a large area set aside for dining and a well-equipped catering kitchen with a good reputation for food. The pub is popular for sports and games therefore building the pub teams to compete locally in darts, pool and football will be essential to further enhance the local trade. I am looking for a food experienced publican who is driven by volume, quality and standards.
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.