Run a Star Pub - Lion & Lamb Daventry - Daventry

Externally, the pub will receive new external decoration including new signage and lights. The rear courtyard garden will be developed alongside other minor repairs. These improvements will support strong everyday trading across different day-parts and throughout the year. The pub will appeal to all ages and mixed groups, drawn by the great location on the high street, a great range of beers and ciders, and a more welcoming environment. Entertainment includes quizzes, weekend live entertainment and live sport. If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring. The right operator for the Lion & Lamb will have extensive experience in community-led hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers. If this sounds like the pub opportunity you've been waiting for, apply today and tell us what you can bring to this pub's next chapter... Features

• Investment Tenancy
• Refurbishment Planned
• Outdoor Trade
• Pub Games
• Private Accommodation
• Catering Kitchen
Trading Area & Facilities
• Main trading area with bar
• 50 internal covers
• 20 external covers
• Catering kitchen
• HEINEKEN SmartDispense
• Rear courtyard garden
Private Accommodation Private accommodation consists of three bedrooms, a living room, kitchen and bathroom. Pub Financials Pub Financials Icon With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs £22,511 Annual Estimated Annual Turnover £324,269 Annual Rent £16,042 Entry Costs Deposit £4,011 Estimated Fixtures & Fittings Value £10,000 Stock Valuation £5,000 Working Capital Required £3,500 The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT. Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms. The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.