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Duke of Rutland is a traditional community wet led pub which is well supported by the local community and benefits from being on the busy drinking circuit of Hinckley. The pub is situated on edge of the town of Hinckley. As its proximity to Hinckley, it is in a densely populated area surrounded by housing and the population within a one mile radius is 24,000. Alongside this there is an abundance of local businesses and Hinckley campus just a stone’s throw away.
Pub Layout
Upon entry through the main front door, to the right hand side is the traditional bar servery, this is a relaxed area where locals enjoy a drink and features fixed seating creating a spacious environment for seated and vertical drinking, To the left is where the pool table is situated along side this there is a darts board both of which are used regularly by the pool and darts team. NCP car park to the side however most people walk to the pub. Whilst there is no external drinking area, upon discussion with our licensing team and with the local authority, this is something that we could apply for.
The private accommodation consists of: Three bedrooms, sitting room and bathroom, domestic kitchen situated downstairs.
Annual Rent: £TBC
Security Deposit: £5,000
Working Capital: £3,000
Stock: £2,000
F&F: TBC – 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.
I am looking for someone who understands the local demographics and has some experience in running a pub, preferably a similar style pub would be beneficial but not essential. Having the skillset and ambition to plan and deliver a varied marketing plan is a must. Great standards are essential.
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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