Craftsman Position
1 month ago
Market Rasen, Lincolnshire, United Kingdom
Star Pubs Leased & Tenancy
Full time
Business OpportunityA rare chance to acquire a well-established pub/restaurant in the Lincolnshire Wolds area has arisen. This takeover opportunity offers an experienced hospitality professional a chance to capitalize on a proven concept.
The key demographics reveal a loyal customer base of mature adults, providing a stable market for the right operator. The site's features include a catering kitchen, outdoor trade, children's play area, cask ale selection, car park, and private accommodation, creating a comprehensive package for success.
A foundation tenancy agreement allows for flexibility and control over the site's operations. The 70/30 food offer focuses on maintaining a robust food and drinks menu, ensuring a consistent revenue stream. The current menu showcases traditional pub classics, cask ales, beers, ciders, wines, and spirits, appealing to a wide range of customers.
The ideal candidate will have extensive experience in destination food outlet hospitality businesses. A clear vision for the food and drinks menu, as well as a marketing strategy, is crucial. The ability to create a memorable customer experience will drive repeat business and loyalty.
Key features of the site include:
- Foundation Tenancy
- Catering Kitchen
- Outdoor Trade
- Children's Play Area
- Cask Ale
- Car Park
- Private Accommodation
The trading area comprises a main bar and separate dining room, accommodating 50 internal covers. The large catering kitchen is equipped with Smart Dispense and a beautiful garden for alfresco dining. Additionally, the site boasts a large car park and comfortable private accommodation for operators.
The financials are attractive, with estimated annual turnover reaching £485,517. Key costs include estimated total ingoing costs of £42,210, minimum ingoing costs of £16,403, and annual rent of £34,840.