Green Man, Lidlington
East of England
Lidlington MK43 0RN
The pub can be found in the village of Lidlington, Beds just off of the A507, which is a busy road that runs from Junction 13 of the M1 towards Woburn and Ampthill. The pub is also a short five-minute drive from the busy A421 which runs between the M1 and the A1. The Green Man is a grade II Listed building with a thatched roof country pub with a difference, located on the high street in the middle of this picturesque Village. The pub dates back to the 1600s when it was the centre of village life for a thriving community and surrounded by lush farmland and still today has a good community spirit! The pub incorporates the values of traditional pub hospitality, but with a traditional feel with exposed beams and low ceilings.
Pub Layout
One main bar servery, lounge/games room and an offer of live music. With the catering kitchen, the pub has the opportunity to provide food and could also offer takeaway food. Externally there is a small beer garden and car park.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
This pub needs to be at the centre of the community, that has entertainment on occasionally. The pub should have a good range of cask ales, a varied wine and spirits offer and be the place to go to meet your friends or family for a nice drink and to have a great experience, that makes you want to return time and time again.
Private Accommodation
The private accommodation consists of three bedrooms, lounge and bathroom. The kitchen is located downstairs in the pub.
Annual Rent: £17,500
Security Deposit: £5,000
Working Capital: £4,000
Stock: £2,000
Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.
*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.
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.
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: 11000
Annual Cost: 17500
This site needs a licensee (s) with good marketing skills who can embed themselves within the local community making the pub the hub of the village. The pub company are looking for an operator who wants to expand the real ale offer, attract more sports team and to be a valued member of the community. The pub needs to bring back the local community experience with events such as family fun days, charity events, beer festival, cider festival, bingo, home-cooked food if applicable.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
Make an Enquiry
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.