Fox Inn, Wilbarston

The Fox Inn can be found in the idyllic village of Wilbarston on the Leicestershire / Northants border. It is situated on the main road of the village. It is just a moments walk away from the breath-taking views of Welland valley with the choice of long local walks with beautiful views and countryside or a leisurely stroll to neighbouring villages. It is also only a few miles from Market Harborough, Corby, Kettering or Leicester. The pub is set in the heart of the village and is very much a focal point for the community. The Fox was built as an inn and parts of it date back to the 14th century, it was the second building to be built in the village after the church and has seen the village develop to what it is today, it holds many great memories and stories to the locals some of which families have been coming to the pub for many generations.

Pub Layout

On walking to the pub there is a paved beer garden to the rear which sits by the roadside to watch the world go by. When you enter the pub there is a raised lounge area suitable for drinking or eating which leads to the main bar area which curves around the horseshoe-shaped bar. To the right hand side is some comfortable fixed seating and a wood burning stove and to the left there is a more traditional bar feel but again suitable for both drinking and eating. To the right of the bar there are some steps that lead to another trading room and the toilets. The top trading room is currently used as a sports area with TV’s, darts and skittles. It could also be used as a meeting room or private dining.

The pub currently trades as a village pub , which should be part of the local community . With the right food offer could become a destination drive to food pub . The ability to focus on good hearty pub food is a must whilst incorporating  weekend specials. Week nights should  focus on offers such a steak night and fish night ensuring the pub is supported throughout the quieter days. A strong rhythm of the week is required in terms of entertainment such quiz nights a live music and sports teams such as darts wold a welcome addition .

The private accommodation consists of three bedrooms, sitting room bathroom and kitchen

Annual Rent: £21,000 (Starting rent £150 per week for 8 weeks)

Security Deposit: £5,000

Working Capital: £2,000

Stock: £2,000

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied 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.

Training: £325 plus VAT

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

This is exciting opportunity for an experienced licensee to put there stamp on a great pub . A good understanding of a food pub and the ability the to deliver this is a must. Understanding the local community and immersing themselves is essential to allow you to grow this pub. A strong marketing presence and good retail standards are a must.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

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 – 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 – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *