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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

£13,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsCask AleLive MusicKitchenSports TeamsBeer Garden
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White Hart

Melton Mowbray, LE13 1RB

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

OR CALL 01244 321 171 FOR MORE DETAILS

Located in the Leicestershire market town of Melton Mowbray the White Hart is located on one of the main roads into the town and is ideally located for access to the town centres main shopping areas and the famous market square. Melton Mowbray, usually referred to locally as just Melton, is famous for the Melton Mowbray Pork Pie and as the centre of Stilton Cheese production. Melton Mowbray is also recognised as the “Rural Capital of Food” with foodies from near and far going to visit making lots of custom in for local businesses.

Pub Layout

The White Hart has a traditional feel to it but has been decorated tastefully making a welcoming space inside. It is a large open plan operation, split on two levels. The lower level to the front of the premises is currently laid out for casual drinking and sports viewing with the upper section towards the rear being geared for entertainment such as pool, darts, pub team games, sports viewing and vertical drinking.

The trading area has a long well laid out bar servery to cater for both draught beers, lagers, ciders, wines, spirits and minerals. Out to the rear is a small but well used flagged drinking patio for customers wanting to enjoy the warmer weather outside. Adjacent to the bar servery is a compliant catering kitchen which is not currently in use.

Currently trading as a wet only sports pub, it majors on a well presented draught range and a good offering of bottled beers, ciders and a good range of spirits, soft drinks and wines. There is no food on offer at present but there is the opportunity to develop a simple hot and cold snack food menu from the catering kitchen. Retaining current and increasing the number of pub teams (pool, darts, crib etc) would be key to mid week trade.

Private Accommodation

Large accommodation split over two levels. The first floor has two large reception rooms and a kitchen, on the second floor is three bedrooms and a large bathroom with bath, shower cubicle, sink and toilet.

Annual Rent: £16,500

Security Deposit: £5,000

Working Capital: £5,000

Stock: £3,000

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 an individual or couple with experience in running and operating a sports focused or town centre pub and with the ambition and skills to attract and retain a core of loyal customers, recruit and retain pub sports teams whilst utilising the catering kitchen to generate a food income. You will need good social interaction and networking skills to further develop the trade and online marketing presence to attract and retain a wider range of customers.

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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