The Merry Monarch
Leicester, LE3 0QD
The Merry Monarch is a large 1960’s detached pub situated on the outskirts of the diverse university city of Leicester in the suburb Westcotes . The pub has a varied local demographic who regularly visit the pub. The pub is on the 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 minutes from Leicester City’s King Power Stadium and several parks, trust and all city centre amenities.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Layout on entry you are greeted by the large wooden bar servery which services the what is currently classed as the main bar area. This is home to a pool table, dart board and numerous tv screens. The fixtures and fittings include a large fixed seating area with loose tables this could easily hold thirty people plus vertical drinkers. The separate function room is accessed through an separate entrance although the bar services both areas. This area holds a wooden dance floor has fixed seating and loose tables and chairs. It also benefits from a projector screen. Externally there is a large, grassed drinking area and covered smoking shelter. This is enclosed and could lend itself to events. There is a public pay and display car park adjacent to the pub.
Trading Style The pub currently operates as a busy community pub showing live sports and hosts a pool and darts team. Our vision is to maintain existing trade but to build and offer more to the community utilizing the full area of the pub as well as introducing a simple food offer which would provide and additional income stream. There is an opportunity to develop the function room for private parties or large sporting events.
Private Accommodation 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
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: £250 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 and enhance the current offering.
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.