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The Grand Union is a one room bar with a good commercial kitchen situated in the New Walk area of Leicester. It attracts students, office staff, Tigers and Foxes fans on their way to and from the games as well as city centre weekend circuit drinkers. It’s a great town centre pub attracting a range of guests throughout the daytime and into the evening that is underperforming currently but has huge potential. There is 40 covers in the pub and a small outside area. There is a 1 bedroom living accommodation upstairs.
The Grand Union Leicester
Overview
If you are interested in running your own pub business, the Grand Union in Leicester is available now.
The Grand Union is a one room bar with a good commercial kitchen situated in the New Walk area of Leicester. It attracts students, office staff, Tigers and Foxes fans on their way to and from the games as well as city centre weekend circuit drinkers. It’s a great town centre pub attracting a range of guests throughout the daytime and into the evening that is underperforming currently but has huge potential. There is 40 covers in the pub and a small outside area. There is a 1 bedroom living accommodation upstairs.
Location, customer base, sales and potential
– Average weekly sales is £3,500 and sales mix of 90/10 wet to food but huge potential for more
– Sports fans, shoppers, tourists and students to name a few in a wide customer base
– Located in centre of Leicester city, close to the sports grounds and the De Montford Hall entertainment venue.
Who are we looking for?
The Grand Union needs someone with a strong commercial food background to maximise the limited capacity of this great pub. With the right operator the business will flourish with the implementation of a town centre style food offer, a strong and varied rhythm of the week along with the fantastic drinks range to appeal to all guests there is opportunity to double the sales on a weekly basis.
The site currently takes on average £3,500 but has the potential to achieve up to £8-10k a week by targeting extra food and drinks sales.
If this is not the pub for you do you know someone who is? If so, let us know using our Refer a Friend scheme and if successful in being placed in the pub we will give you a £1,000! (Terms & conditions apply)
The Opportunity
What’s in it for you?
20% share of weekly wet sales, excluding VAT.
Keep 100% of the food sales.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost. (*deposits can vary dependant on business – ask us for more details*)
Accommodation included with most bills covered, except the council tax & TV License.
All of your wet stock, and all associated consumables are supplied by Marston’s, although you will be responsible for managing it once it has been delivered.
Comprehensive induction training and ongoing support and training.
A dedicated Area Manager supporting you to help you grow the business.
Access to our 450 strong-support teams whenever you need them – including Marketing, Recruitment best practice and Food and Drink specialists.
All our Pub Partners get access to our FREE Learning, Development and Training platform Campus (a package worth over £300!).
What’s expected from you:
Our pubs are the heart of the community, bringing communities together by serving great drinks and fantastic events. It’s a proven business-model, perfect for either someone looking to take on a pub for their first time or more experienced operators to drive sales, standards and guest experience.
In addition to the £5k security deposit required for this agreement, you will need to cover legal costs (£360), and your own insurance (except building insurance, which we’ll cover). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters.
Before we all sign the agreement and see you heading into a whole new life, you’ll just need to show us proof that you’ve had independent financial advice from an accountant and solicitor and have completed a sustainable business plan, in accordance with the Pubs Code. And, of course, obtain your personal licence (which we can help with) and complete your induction training.
It’s a five-year commitment, so you have loads of time to build the business and get it performing brilliantly!
Apply
Private Accommodation
Private KitchenYes
No of Double bedrooms:1
No of Single bedrooms:0
No of Reception rooms:0
No of Private bathrooms:1
OfficeYes
20% share of weekly wet sales, excluding VAT.
Keep 100% of the food sales.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost. (*deposits can vary dependant on business – ask us for more details*)
The Grand Union needs someone with a strong commercial food background to maximise the limited capacity of this great pub. With the right operator the business will flourish with the implementation of a town centre style food offer, a strong and varied rhythm of the week along with the fantastic drinks range to appeal to all guests there is opportunity to double the sales on a weekly basis.
The site currently takes on average £3,500 but has the potential to achieve up to £8-10k a week by targeting extra food and drinks sales.
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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