Are you looking for pub to lease in the Glen Parva ? Why not run ‘The Glen’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Glen is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Pubs To Lease In Glen Parva – The Glen Is Now Available !
The Glen is a large traditional pub located on a housing estate in Leicester. Glen Parva is a civil parish in the Blaby district of Leicestershire, with a population of over 17,000 just 4.5 miles from Leicester City Centre and 1 mile southeast from Fosse Shopping Centre. Public transport runs through the parish and also easy access to the M1 And M69 Glen Parva has a host of amenities such as Recreational grounds, local nature reserves, along with several local business. The Glen is a rare opportunity as it has traded under the same licensee for the past 14 years. The housing estate is a blue collar area.
Pub Layout
On entering through the main front door, you are welcomed into an open plan trading area with the bar servery centrally located. To the right of the bar is a pool area and to the left is a darts oche and large screen TV. To the rear of the pub is a small snug that could be used as a small meeting area or dining area. The pub can facilitate up to 45 covers as their is a small commercial kitchen. The ladies and gents toilets are well presented and are located to the rear of the pub behind the bar servery. There is also a food prep area located behind the bar allowing the pub to offer bar snacks. Externally there is a fantastic patio area that has recently been renovated to a high standard with benches and a smoking solution.
It has a large car park to the front and good sized beer garden at the rear. The Glen shares the car park with a Coop convenience store.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pubs To Lease In Glen Parva – The Glen Is Now Available !
The pub trades as wet only at the moment, primarily with a draught offer. It trades as a community pub with darts, pool and poker through the week with live music, karaoke and disco at the weekend presenting a strong rhythm of the week. There is opportunity to introduce a small food or back bar food offer.
Private Accommodation
The private accommodation consists of 3 bedrooms, Lounge, Kitchen, Office, Utility room and WC all in good order.
Pubs To Lease In Glen Parva – The Glen Is Now Available !
Annual Rent: £18,500
Security Deposit: £5,000
Working Capital: £2,000
Stock: £2,000
F&F: TBC (Funding options available)
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)
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
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
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 – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.
Ingoing Cost: 9000
Annual Cost: 18500
The Business Development Manager (BDM) is looking for and experienced Licensee for this traditional pub that is the heartbeat of the community, famous for teams and a strong rhythm of the week. There should be a good value and traditional pub food offer. The Glen also has versatility to cater for occasions.
