Stoke by Clare, nestled in the serene southwest Suffolk countryside, is a quaint village boasting proximity to larger towns like Haverhill and Sudbury, as well as the slightly more distant Bury St Edmunds and Braintree. Throughout the year, the area draws visitors with its plethora of local historic sites. Nearby gems include the renowned Suffolk destinations of Long Melford and Lavenham. The village, with around 600 residents in its immediate vicinity, centres around a lively pub. Additionally, Stoke College, an independent school catering to 11-18-year-olds, adds vibrancy to the community, alongside a picturesque church and a convenient village shop. The population skews towards maturity, with a robust presence of individuals aged 45-75. Demographically, the community comprises comfortable, well-established residents and affluent achievers who have a keen eye for quality.
Pub Layout
You will find the pub located on the main road through the village and as you enter from the roadside, you will be in the main bar area where you will encounter the single bar servery. The L shaped bar services approx. 20 seats in this room, with a mix of low tables and bar seating. The cellar is off this main room, opposite the bar and to the left of this room is a good sized dining room, or on key sessions casual drinking and dining space. There are approx. 20 seats here also. The toilets are at the rear of the pub. You also access the large trade garden and car park from the rear of the main bar. The pub is currently very traditional inside, and would respond well to a little TLC and retail touches.
There is currently no private accommodation available at this site. For the right applicant, there may be plans in the future to address this.
Annual Rent: £TBC – starting rent of £100 (net) per week available
Security Deposit: £5,000
Working Capital: £2,500
Stock: £3,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be 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.
This pub would be suitable for a first time licensee. The right person might well be local to the area already and have a passion to craft a strong cask ale offer alongside the rest of the retail offer. Entertainment and community engagement will be the key to success, so be ready to be a big part of local life, and a local hub.
The Lion could be a super traditional village pub serving great beers, wines and spirits to the local communities from the immediate village, but also further afield. With a traditional feel the pub will offer community events and activity throughout the week. Quizzes, team sports (darts etc) and occasional live entertainment will be key to building the business and win back the hearts and minds of the locals. The basics of a traditional pub, done well.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
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.
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