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YOUR INVESTMENT

£12,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsCask AleLive MusicKitchenCar ParkBeer Garden
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Angel Inn

Coalville, LE67 8GB

Please leave your details and our team will be in touch. * fields are required

OR CALL 01244 321 171 FOR MORE DETAILS

The Angel Inn is a detached, traditional country pub which sits on a large plot in the affluent village of Coleorton. The pub not only benefits from  beer gardens and a huge car park, it is also surrounded by outstanding countryside views. The village of Coleorton is approximately two miles east of Ashby de la Zouch, which in itself is an aesthetically pleasing and popular market town. Other nearby villages include Newbold, to the north, Thringstone to the east, and Swannington to the south-east. For such a quaint village it has an impressive population of around 1,800. With its semi-rural location, the area thrives from an increased trade during the summer months whilst being well supported by the locals all year round.

Pub Layout

The Angel has one open plan trade area which is used for dinning & drinkers with around forty covers. The balance of wooden, carpeted and tiled floors creates an eclectic feel catering for all styles and needs. Externally there are two beer gardens, the one at side has capacity to house six picnic benches and is a fantastic sun trap. The rear beer garden is big enough to facilitate a further six to eight benches and enjoys views over the neighbouring countryside. Both gardens, along with the benefit of a good-sized car park welcomes the opportunity to offer community events and functions and could easily hold a small marquee.

This well-established operation is a food led operation 60/40 so the proposed publican will ideally need to have the ability to cook and deliver a traditional home cooked menu to a high specification, which will need to include seasonal calendar events, Sunday lunches and a strong daily specials offering. Furthermore there is a strong demand for cask ale, premium wines & spirits. The pub can also cater for small private events, both inside and out. The new tenant will require a strong marketing plan and have the skill set to further develop and grow this fantastic pub within the local community and further afield.

Private Accommodation

The private accommodation at the Angel is in good condition but will need a redecoration to suit the needs of the new publican. It is located on the first floor and comprises: Lounge, bathroom and three bedrooms. There is no kitchen in the private accommodation, however there is the catering kitchen located downstairs.

Annual Rent: £26,500

Security Deposit: £5,000

Working Capital: £5,000

Stock: £2,000

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: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

I am looking for experienced applicants who have either run their own pub or have management experience with the ability to deliver exceptional standards and an even better offer. The pub would benefit from a traditional homecooked (locally sourced) food offering, a great cask / craft ale offer, along with an impressive gin and wine range. The successful applicants will need to understand both the area and clientele and have the marketing skills to drive this fantastic destination pub through an extensive online presence including Facebook, Twitter and Trip Advisor.

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 – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 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.

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OPEN DAYS

Meet The Team – West Midlands136 Kings Rd, Kingstanding, Birmingham B44 0SH18th May 2021
Tuesday 18th May
11am - 3pm
Pub Viewing Day – South ShieldsNew Mill, Chesterton Rd, South Shields NE34 9HG18th May 2021
Tuesday 18th May
11am - 4pm
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3pm - 4:15pm