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Green Man, Lidlington

Lidlington, MK43 0RN

Your investment

£11,000

Agreement Type

Tenancy

The pub can be found in the village of Lidlington, Beds just off of the A507, which is a busy road that runs from Junction 13 of the M1 towards Woburn and Ampthill. The pub is also a short five-minute drive from the busy A421 which runs between the M1 and the A1. The Green Man is a grade II Listed building with a thatched roof country pub with a difference, located on the high street in the middle of this picturesque Village.

The pub can be found in the village of Lidlington, Beds just off of the A507, which is a busy road that runs from Junction 13 of the M1 towards Woburn and Ampthill. The pub is also a short five-minute drive from the busy A421 which runs between the M1 and the A1. The Green Man is a grade II Listed building with a thatched roof country pub with a difference, located on the high street in the middle of this picturesque Village. The pub dates back to the 1600s when it was the centre of village life for a thriving community and surrounded by lush farmland and still today has a good community spirit! The pub incorporates the values of traditional pub hospitality, but with a traditional feel with exposed beams and low ceilings.

Pub Layout

One main bar servery, lounge/games room and an offer of live music. With the catering kitchen, the pub has the opportunity to provide food and could also offer takeaway food. Externally there is a small beer garden and car park.

This pub needs to be at the centre of the community, that has entertainment on occasionally. The pub should have a good range of cask ales, a varied wine and spirits offer and be the place to go to meet your friends or family for a nice drink and to have a great experience, that makes you want to return time and time again.

Private Accommodation

The private accommodation consists of three bedrooms, lounge and bathroom. The kitchen is located downstairs in the pub.

 

 

Annual Rent: £17,500

Security Deposit: £5,000

Working Capital: £4,000

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: £325 plus VAT

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

This site needs an owner-operator with good marketing skills who can embed themselves within the local community making the pub the hub of the village. The pub company are looking for an operator who wants to expand the real ale offer, attract more sports team and to be a valued member of the community. The pub needs to bring back the local community experience with events such as family fun days, charity events, Beer festival, Cider Festival, Bingo, home-cooked food if applicable.

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.

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.


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