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Town House Leamington Spa

Pubs & Bars • 2 George Street, Leamington Spa, Warwickshire CV31 1ET Management opportunity
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Summary

The Town House is situated in a vibrant part of Leamington Town Centre close to many of the town's beautiful parks and gardens with easy access to the tranquil river Leam and the many walks that start and finish there.

Description

The Town House is situated in a vibrant part of Leamington Town Centre close to many of the town's beautiful parks and gardens with easy access to the tranquil river Leam and the many walks that start and finish there. This is a well-positioned locals' pub with a prominent corner location in a much-desired terraced street residential area. The pub is cozy in fell with an open fireplace and has been traded for some time as a 'cool vibe' pub with burger, pizza food offer and known for live music at weekends. Customers love the weekly quiz and community aspect of the pub. Premium draught brands, cask ale and good spirit range drive the wet trade. Open plan layout with 45 covers where it is never easy to choose the best place to sit. Fully fitted trade kitchen capable of continuing the pub food offer with Sunday Lunch being a key food trading time. The outside space is again a 'cool hangout' with a small, decked courtyard area with 20 stools, a covered area and plenty of ledges to rest your pint. There is plenty of on street parking but most of your customers are likely to walk. This opportunity is not expected to be around for long! Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Great location close to City Centre. • Prominent corner location surrounded by residential housing. • Fully fitted trade kitchen. • Small footprint of a pub and easy to manage. Business & Financial Information • Estimated ingoings (upfront): £7,045 • Full deposit: £6,250 • Agreement fee: £795 • Guide rent (weekly): £481 • Guide rent (annual): £25,000 • Forecast turnover (weekly): £334,018 • Forecast turnover (annual): £334,017 Ideal Operator Would suit an experienced publican or a newbie with great ideas for running a locals town pub and they may comprise a couple or a family. The most important aspect for the new publican will be providing old and new customers reasons to visit.  Private Accommodation The private accommodation comprises 4 bedrooms with a separate lounge, bathroom, and kitchen. The accommodation is in good condition - there is plenty of space to suit a family well. Regional Manager's Thoughts This is one of those great opportunities to run a fantastic pub in a much-desired area of Leamington Spa. This will be a talked about pub for all the right reasons with a great new publican who is passionate about creating a retail offer driven by standards, with USPs to match. A mainstream premium wet offer will be right in touch with the market as will an interesting quirky food offer. This potentially a destination town centre pub with many reasons to visit. Surrounding Area Famous Mill Bridge and the spectacular weir.  Leamington Spa Pump rooms, museem & art gallery. Jephson Gardens and the River Leam boat hire centre. City & Train Station less than 10 min walk.

Upfront cost

£7,045
Cost type: Upfront

Key facts

Upfront cost
£7,045
Turnover (annual)
£334,017
Rent
£25,000 (annual)

Location

2 George Street, Leamington Spa, Warwickshire CV31 1ET
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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