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YOUR INVESTMENT

£9,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsCask AleFunction RoomLive MusicSports TeamsCar ParkBeer Garden
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White Swan

Mansfield, NG19 7SQ

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OR CALL 01244 321 171 FOR MORE DETAILS

The White Swan is a traditional sandstone pub situated on the village square in Pleasley. The village has historic links to industry with ironworks, the Pleasley Colliery and an old water mill all situated nearby. The pub itself is in a central location close to the River Meden and its weir. The village has one other pub and amenities such as a post office, pharmacy, take away and village shop. Pleasley is situated conveniently close to the A617 which links Mansfield to Chesterfield, less than four miles from Mansfield and ten miles from Chesterfield, and is on the main bus link between the two towns. The village has a population of about 2,200 and the nearby market town of Mansfield has 100,000.

Pub Layout

On entering the pub through the main door, you are greeted with a centralised horseshoe bar. On the left is a good sized games area with pool table and some seating. On the right of the bar is a large lounge with a mixture of fixed and loose seating. Both areas have their own toilets.  There is also a good sized function room on the first floor which is accessed from the lobby at the back of the pub. There is a small gallery food preparation area towards the rear of the pub serving hot food. Externally there is a small grassed area and drinking patio which is situated at the rear of the pub including a smoking shelter, and there is also parking for up to five cars on the right of the pub.

The White Swan focuses on offering a great variety of ales, draught products, wines and spirts and benefits from a good group of local customers throughout the week. The pub does offer a small hot food menu where there is an opportunity to increase trade by expanding the food offer. Both pool and darts teams play from the pub and televised sport is also shown. The White Swan would suit a licensee with flair to promote good retail standards, develop the food offer and embrace the televised sport ensuring all the popular football, rugby and cricket matches are shown.

Private Accommodation

The domestic accommodation consists of three bedrooms, a lounge, kitchen and bathroom all in good order which are accessed through a private entrance inside the pub.

Annual Rent: £14,000

Security Deposit: £5,000

Working Capital: £2,000

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: £250 plus VAT

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

The White Swan is an excellent starter pub for an individual or couple who are looking to progress forward within the industry. You will need a good sense of vision and have digital marketing skills to promote this pub online and to the local community. There are many opportunities to develop mid- week trade through sports teams and entertainment and to assist you with this, you will be fully supported throughout your journey by myself and through our Business Support Agreement.

The premises may qualify for Small Business Rates Relief in which case the non-domestic rating liability may be nil subject to the ratepayer occupying only one property for the purposes of business.

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.

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