The Millstone Inn, Ryhall
East Midlands
Bridge St, Ryhall, Stamford PE9 4HH, UK
The Millstone Inn, Ryhall
The Millstone is located prominently in the affluent village of Ryhall, a civil parish in the county of Rutland in the East Midlands. It is bounded to the west by the A6121 Main Road from Stamford to Bourne. The pub is surrounded by residential housing and several local business and farmland. The Business was rebranded as the Wicked Witch however Admiral have re-named the Millstone its previous known name.
Pub Layout
On entrance, you are greeted by a large wooden traditional bar servicing all arears of the snug, restaurant and dining room, including function room. There is loose seating throughout the pub with wooden flooring and open fires creating a warm ambience with traditional beams, a feature of the pub with elegant furnishings in each room. The snug arears are situated on entrance and to the left of the bar with the dining facility at the back of the pub. The well-equipped kitchen is serviced through a separate entrance in the dining area. The toilets are situated next to the bar which leads to the beer garden. Externally the beer garden has rural views with a car park housing approximately 10 cars. The pub is in immaculate condition throughout. There is a function room upstairs which is used for large sittings or private events.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The Millstone Inn, Ryhall
The Millstone current trading style is 70 / 30 food orientated with traditional food. A great range of cask and craft ales along with premium spirits and world lagers are well received by the locals and those travelling from afar. There is scope to introduce a more relaxed traditional dining offer to bring further clientele throughout the week.
Private Accommodation
The private accommodations which is accessed internally, consist of three large bedrooms, with lounge, kitchen, office and separate bathroom.
The Millstone Inn, Ryhall
Annual Rent: £25,000
Security Deposit: £5,000
Working Capital: £7,000
Stock: £4,000
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: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.
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 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Ingoing Cost: 16000
Annual Cost: 25000
The Millstone Inn, Ryhall
Admiral Taverns are looking for an individual or couple who can run a strong village community pub that has a great offering of pub grub and real ales. The ideal candidate will have strong local community links or be able to build these, to help develop the pub and its trading style and draw clientele from the village and surrounding areas.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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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.