A fantastic opportunity to run a beautifully presented business, both internally and externally, in the affluent picturesque village of Glaston in the heart of Rutland, Leicestershire. Boasting a cosy, traditional bar with two open fireplaces, a contemporary 50-cover dining room with traditional beamed ceilings, a small patio to the front of the pub and a large beer garden with picnic bench seating to the rear. In addition to these great features, the business is also blessed with a 12-letting rooms accommodation business which has all-year-round potential, with all rooms benefitting from en-suite facilities. The commercial kitchen has the capacity to deliver a premium food offer that the premises and the village can sustain. Due to the idyllic location of the Old Pheasant, the new publican will need to capture all the possible tourist trade to maximise revenue and footfall.
Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed.
The private accommodation is located on the first floor and comprises of two bedrooms, a lounge, large, fitted kitchen and bathroom/WC.
Forecast Turnover: £473,698.83
Year 1 Rent: £0.00
Guide Rent: £45,000.00
Initial Deposit: £0.00
Full Deposit: £11,250.00
Full Tie Release: £33,750.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £28,000.00
Working Capital: £32,500.00
Stock & Glassware: £2,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £207,508.53
Forecast Dry Turnover: £168,741.87
Forecast Other Turnover: £97,448.43
The business has established a solid trading foundation with a loyal following and desirable wet, dry and letting room sales amongst locals and tourists passing through the area. The new publican would need to continue to operate the pub in the same successful manner or explore the civil ceremony opportunity and introduce holiday packages. There is potential for creating live in staff accommodation to help with recruiting the right team to drive the business.
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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