If you are looking for pubs to lease in Empingham, Run The White Horse !
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Pubs To Lease In Empingham – Run The White Horse !
The White Heart is a highly desirable 17th century inn with 11 en-suite letting rooms and an established food offer in the heart of Rutland. The pub attracts plenty of trade from visitors as well as locals who visit for the quality pub food and refreshing drinks. Internally the cosy and well-presented bar area can accommodate 24 covers including loose tables, chairs and a comfy leather settee with an exposed stone-built open fireplace. The lounge can accommodate 40 covers and is a spacious area full of character and rustic charm. Loose tables are set around a fabulous central stone-built Inglenook fireplace with a built-in log burner. The room offers another bar and has mixed floor surfaces adding to the rustic charm. There is a stylish dining room which can accommodate 35 covers, with an assortment of loose shabby chic tables and leather dining chairs. There is an additional room which accommodates a further 15 covers which could be used for private dining. The property also has a self-contained conference room for 20 with presentation and meeting facilities. Situated on the first floor of the pub are 11 individually styled en-suite letting rooms. These consist of seven double, three twin, and two-family rooms. All rooms have tea/coffee making facilities. There is a fully equipped commercial catering kitchen capable of providing a strong food offer. To the front of the property is wooden garden furniture, suitable for 100 covers, set amidst colourful baskets, troughs and planters, providing rolling Rutland countryside views. To the side of the property is a grassed garden area with wooden picnic benches. There is also a brick-built building that could be used as an outdoor bar. Also, to the rear is the patron’s car park providing space for circa 40 cars and several outbuildings currently used for storage.
Private Accomodation
The private accommodation comprises of a sitting room with kitchenette, a double bedroom and bathroom.
Agreement Fee: £0.00
Cash Float: £0.00
Fixtures & Fittings: £40,000.00
Forecast Turnover: £741,948.76
Full Deposit: £15,750.00
Full Tie Release: £37,750.00
Guide Rent: £63,000.00
Initial Deposit: £0.00
Repair Fund: £4,000.00
Stock & Glassware: £0.00
Working Capital: £47,000.00
Year 1 Rent: £53,000.00
Forecast Dry Turnover: £314,243.02
Forecast Other Turnover: £196,547.82
Forecast Wet Turnover: £231,157.92
The White Horse is a substantial pub, restaurant and accommodation business which has the potential to build on the already established trade. Located in a very affluent and picturesque village with beautiful rural surroundings and in close proximity to Rutland Water which attracts thousands of visitors and regular water sports users every year, this business has huge potential. The number of different operational elements will require an experienced publican with a track record in both catering and the hospitality sector to ensure the ongoing success of this spectacular property.
