The Merry Monarch is a large 1960’s detached pub situated on the outskirts of the diverse university city of Leicester in the suburb of Westcotes . The pub has a varied local demographic who regularly visit the pub. The pub has excellent main transport links to the city centre making it a good stop-off for customers heading into town of an evening, with a small shopping arcade nearby. The Merry Monarch is also only a couple of minutes from Leicester City's King Power Stadium, several parks and all city centre amenities.
The bar entrance leads into the main bar area, featuring a pool table, dartboard and numerous tv screens for customers to enjoy live sports coverage. The fixtures and fittings include a large fixed seating area with loose tables, which can easily accommodate thirty to forty people plus vertical drinkers. The spacious function room is accessed through a separate entrance, with the main bar servicing both sides of the pub. This room has a wooden dance floor, fixed seating areas, loose tables and chairs and a large projector screen which has previously been used to show major sporting events. Externally there is a large, grassed drinking area and covered smoking shelter. There is also a public pay and display car park adjacent to the pub.
The private accommodation is of a good size and provides ample space for a family. The first floor consists of two bedrooms, large living room/lounge , kitchen and domestic bathroom. It also has an additional roof terrace which is for the private accommodation.
Annual Rent: £19,500
Security Deposit: £5,000
Working Capital: £2,500
Stock: £2,000
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: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
I am looking for an applicant who can run a diverse community pub – someone who understands the needs of the local community and that can incorporate something for all ages. A strong marketing plan that caters for day and evening trade and enhances the current offering.
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
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MISREPRESENTATION ACT 1967
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