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Contact Us | Licensee Support Area | Privacy Notice | Modern Slavery Statement

Slide ‘RISING FROM LOCKDOWN' - GUIDING YOU THROUGH COVID RENT DISCOUNTS AVAILABLE OF UP TO 40% In accordance with our rent policy Admiral COVID-19 licensee support and Rent policy - Please click here (last updated November 5th)
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YOUR INVESTMENT

£11,500

AGREEMENT TYPE

Five Year Agreement

FACILITIES

Open FireCask AleKitchenCar ParkBeer Garden
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Blue Lion

Leicester, LE7 4UD

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OR CALL 01244 321 171 FOR MORE DETAILS

The Blue Lion is situated in the aspirational, historic hamlet of Thrussington in Leicestershire. Thrussington is situated one mile East of the A46 giving easy access by car to both Leicester and Nottingham. The village has a bus service to Melton Mowbray and Leicester.  It is a medium sized detached property located centrally in the heart of the village and is set in its own grounds. The village boasts several annual events, including the Thrussington Fun Run, skittles on the green, and various social and fundraising events. There is a good amount of mixed housing surrounding the pub location.

Pub Layout

The pub has two trading rooms, one of which doubles as a dining area, the larger of the two rooms is used as the main bar which provides a comfortable relaxed area for drinking and informal food service. There is a well laid out bar servery which caters to all rooms. To the rear of the building is a small flagged patio with pergola housing intertwined grape vines, a large garden area with a number of seating options, a further gravel patio and petanque court and large car ark housing approximately twenty cars.

The pub currently trades mainly as a drinks orientated operation but there is a big opportunity to further develop the food offer. There is an excellent range of keg beers, lagers & ciders and an established cask ale market plus, an excellent range of wines, spirits and soft drinks. An open fire creates a warm welcome and ambience for social casual drinking.

Private Accommodation

The private accommodation consists of two large double bedrooms, with a large living room, dining room with a gallery kitchen.

Annual Rent: £17,000

Security Deposit: £5,000

Working Capital: £4,000

Stock: £2,500

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.

Ideally the operator should have experience of preparing and delivering a good quality home cooked food menu. They should be familiar and skilful with modern marketing techniques as this is a small hamlet but is surrounded by several villages. Engaging marketing is key to attracting from these communities to increase footfall and drive the food offer. Admiral Taverns may present the opportunity of a capital refurbishment for the right tenants with a visionary business plan.

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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