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Robin Hood, Swannington

Swannington LE67 8QQ

Your investment

£10,000

Agreement Type

Tenancy
  • Great Village Location
  • Strong Established Regular Trade
  • Fantastic Opportunity To Build On Food Offer

The Robin Hood is a detached pub situated in the village of Swannington, a former mining village in Leicestershire between Coalville and Ashby-de-la Zouch. The pub is surrounded by houses, has excellent local transport links and is well supported by the local community. The area is also popular with people enjoying a drive out to the more rural parts of Leicestershire.

Pub Layout

The pub has two distinctive trading areas both served from the prominent central bar servery. On the left is the main bar area which is regularly used by the locals to enjoy a drink and to watch the live sports – there is a dartboard for the customers to enjoy as well as two TV screens. On the right of the pub there is a relaxed dining space with softer furnishings which can hold around 35 covers. The décor throughout is traditional yet fresh which is in keeping with the tradition of the building . The pub is very well maintained with both loose and fixed seating throughout. It is eclectically balanced with both wooden floors and carpeted areas. Externally to the rear of the property there is a large, enclosed beer garden with around eight benches, and to the front is a seating area with a further three benches along with parking spaces for up to six cars.

The pub currently trades as a well supported community local with a traditional homemade food offering. The drinks range caters for all with a good wine menu, popular cask ales and premium spirit range. The kitchen currently serves food seven days a week, with Sunday lunch being very popular and they also have a strong rhythm of the week with midweek themes offering steak nights & pies. There is scope to develop the current offering with quiz nights and the introduction of live music at a weekend, along with possibly developing pub sports through a darts team. The potential candidates need to continue the good work of the current licensees and embrace village life.

The private accommodation is in good order and consists of three bedrooms, kitchen, bathroom and sitting room.

Annual Rent: TBC

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

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 an exciting opportunity to run a well established pub business. You will need a strong marketing plan and have experience in catering. The desire to grow the business is essential along with embedding yourself in the local village life to make this the go to pub for the community.

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 *


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