Description
The Top Railway is situated in Shepshed which is a small market town in North-West Leicestershire. Approximately four miles west of Loughborough and close to the M1 motorway, the Top Railway is well-connected to Leicester, Nottingham and Derby. Surrounded by housing it is a true community pub, occupying a substantial detached building on a corner plot and boasting a prominent position on the Charnwood Road. The town of Shepshed has a variety of local shops, cafes, restaurants, bars and pubs, making it a bustling hive of activity for socialising and the residents from the local quaint villages often frequent the area in both the daytime and evening.
Pub Layout
On entering the Top Railway, you are greeted with the wall length, well-stocked bar servery, which gives easy access to all areas of the pub and on busier nights is often a spot for customers to stop and enjoy a drink and a chat. To the right of the bar you will find the popular pool table and darts board, which are regularly used by the locals and the weekly sports teams. The opposite side of the pub has a more relaxed feel, with plenty of loose and fixed seating and is balanced with both carpet and wooden floor. Externally, there is a great space with an enclosed beer garden, perfect in the summer months to enjoy al fresco drinking with friends and family. The car park can hold around 10 cars although most locals take advantage of the short walk and fresh air.
The private accommodation consists of three bedrooms, a sitting room, kitchen and bathroom.
Annual Rent: £16,500
Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £3,000
Stock: £3,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – 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.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
There’s clear potential to broaden the Top Railways appeal by introducing a more diverse weekly rhythm of the week such as quiz nights, bingo, or raffles and the opportunity to introduce a Cask Ale offer to the site could see a whole new customer base driving the footfall. A simple back-bar food offering, like pies, baps, or pizzas, could also enhance the pub’s offering without requiring a full kitchen setup, providing another welcome additional revenue stream. Introducing Sky or TNT Sports could also be a way to attract more customers, particularly on match days and special events. The beer garden presents another opportunity for growth, especially in the summer, by hosting community events and family-friendly activities.
Admiral Taverns are looking for an individual or couple who are familiar with the local area and who understand the local demographics. This is a great pub and has bags of potential and the new licensee should identify these opportunities and grab them with both hands. The vision and business acumen to drive this opportunity forwards is essential, along with the skill set to deliver excellent customer service and standards. The ability to promote and market the pub will be essential and this needs to be utilised, not just to the local community but also further afield.
An external redecoration is planned for this site, however, this is subject to Board Approval and will only be completed upon the right licensee signing a 5 year tenancy agreement.
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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