Coalville, LE67 5ET
The Kings Arms is located in the heart of the village of Whitwick, close to the town Coalville in the county of Leicestershire. The pub sits prominently on Silver Street which links the busy Leicester Road and the A511. The pub is surrounded by housing estates and boasting local community amenities such as local produce shops, leisure centre, schools and churches. The pub was fully re-furbished in 2019 where Admiral Taverns invested over £175,000 bringing this pub back to life
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pub Layout – The Kings Arms Whitwick
The pub is a traditional village pub with three separate areas, with the bar serving on both sides. A relaxing, comfortable carpeted lounge area with an enclosed cosy feeling due to the lack of windows. This is the most used area of the pub as it feels homely. On the other side of the bar is a laminate floored bar area with a mix of chairs and high stools with one end featuring collapsible tables. This room is bright and clean and has a larger TV due to the length of the room. The other room is the ‘snug’ a square room with natural lighting situated in between the lounge and the rear entrance, perfect for groups/teams. This is where darts are played and also features a large TV. There are two entrances, a rear entrance that leads to the large car park and a front entrance on the main road. The newly refurbished toilets are situated near the front entrance just before the main area. There is room for seating outside of the rear entrance hosting 10 large tables, outside lighting makes the area rustic looking and enjoyable. The car park hold approximately 15 vehicles.
Trading Style Predominantly a sports pub, somewhere that will always have BT/Sky on the TV’s and 95% of the seats have an amazing view of the TV’s. We are 100% wet led with good regulars but also a good proportion of visitors. During the evening, the custom is really mixed with the pub having a real community appeal. There is an established team with the opportunity to have more teams. The pub will need to operate a strong rhythm of the week alongside a strong football following which serves both the local team and the well-known Sky fixture list. There’s an opportunity to offer a small value back bar snack offer.
Private Accommodation Its the size of a house on one level! A high ceiling property with an enormous open plan kitchen/living room. Three double bedrooms, two carpeted and one laminate wood flooring all from a hallway that leads downstairs to behind the bar. New double-glazing windows throughout, A large bathroom with bath and shower. Outside access that leads to the rear car park.
The Kings Arms Whitwick
FINANCIAL – The Kings Arms Whitwick
Annual Rent: £18,000
Security Deposit: £5,000
Working Capital: £3,000
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: £250 plus VAT For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
I am looking for a community wet led focused and passionate applicant who will be willing to keep the existing loyal customers along with potentially changing the offer slightly to invite new clientele. The successful applicant should be happy to support the sports teams throughout the week, and potentially look to introduce a strong entertainment offer on weekends. A strong level of control would need to be applied to ensure the pub trades compliantly and fits in with the licensing objectives.
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.