The Grand Union

King St, Leicester LE1 6RL

Overview

The Grand Union is a fantastically refurbished business in the heart of Leicester’s business area close to the Train Station, Universities, Welford Road Stadium, home to the Leicester Tigers Rugby Team, as well as to the King Power Stadium, home of the Foxes. The New Walk Museum and popular entertainment venue, De Montford Hall are also nearby, meaning plenty of passing trade to bring into the business.
The pub has a large bar that serves the whole of the pub and has space for up to 60 covers of food. There is a pool table and darts are so some classic pub games and there is outdoor seating at the front of the pub to watch the world go by all year round. The Grand Union is a pub that is currently underperforming, trading around £5,000 but has the scope and potential to deliver double that with the right operator It offers a classic pub menu and although wet driven, the pub has a lot of scope to increase food sales for an experienced food operator.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

The Opportunity – The Grand Union Leicester

That idea you’ve always had about running your own pub – always seemed like a distant dream, didn’t it? Bet you never realised it was just a £5k security deposit away (plus legal fees) with a Marston’s retail agreement. Your earnings will be based on a percentage of weekly net turnover and for those of you interested in delivering a food offer, the agreement may include one of our branded food menus.
We’ve been working with this type of agreement for 10+ years now and have invested £3 million in our Retail Agreement pubs over the last year alone. People love them because they allow you to:
  • Be your own boss and work from home, with no commute
  • Live rent-free with no bills except Council Tax
  • Get your personal licence
  • Feel incentivised to grow the business and earn more
  • Access our support teams whenever you need them – from Beer & Quality Technicians to a dedicated Area Manager and Marketing team
  • Give your customers access to the brilliant range of Marston’s beers, wines, spirits and minerals – plenty of it award-winning!
  • All of your stock, including food, is supplied for free by Marston’s, although you will be responsible for managing it once it has been delivered
  • Call on us to cover the cost of repairs, fixtures and fittings
  • Learn all about Business Development Review Planning, Commercial Excellence and more over the first week’s induction training
  • Spend the first two days on the job settling in with full supervision on-site
  • Enjoy close support from the Marston’s team in the weeks after the initial induction training
Things to consider

In addition to the £5k security deposit and legal fees required for this agreement, you will need to cover 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, as dictated by the Statutory Pub Code. And, of course, obtain your personal licence (which we’ll 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 but, if you do want to leave early, there’s always the option of six months’ notice with a ‘break’ clause in the contract.

Private Accommodation

Private Kitchen.No
No of Double bedrooms: 1
No of Single bedrooms: 0
No of Reception rooms: 1
No of Private bathrooms: 1
Office. Yes
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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