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Harrows Inn North Hykeham

Pubs & Bars • 271 Lincoln Road, Lincoln, Lincolnshire LN6 8NH Management opportunity
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Summary

The Harrows Inn is a fantastic pub located in North Hykeham, southwest of Lincoln town centre.

Description

The Harrows Inn is a fantastic pub located in North Hykeham, southwest of Lincoln town centre. The pub benefits from residents and shoppers passing on their way in and out of the town centre who visit for the value drinks offered and frequent entertainment including pub games and live sports. There is a fully equipped trade kitchen which the new publican could look to utilise by introducing a quality pub food offer driving additional trade and maximising revenue. As well as an extensive internal area there is a beer garden with picnic seating and a large car park located to the rear, providing plenty of seating and car parking spaces to guests. 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 • Large community pub situated by Lincoln town centre • Value drinks offered, live sports and pub games • Fully fitted trade kitchen • Two-bedroom private accommodation ideal for a couple • Discounts of up to £200 per barrel with an average of £160 per barrel Business & Financial Information • Estimated ingoings (upfront): £6,545 • Full deposit: £5,750 • Agreement fee: £795 • Guide rent (weekly): £442 • Guide rent (annual): £23,000 • Forecast turnover (weekly): £404,171 • Forecast turnover (annual): £404,171 Ideal Operator The ideal applicant would be experienced and have a good knowledge of how to create a weekly ‘what’s on’ schedule to drive sales, whilst embracing the local community and enhancing the overall retail offer. Private Accommodation The private accommodation comprises two double bedrooms, a lounge, a kitchen and a bathroom. Regional Manager's Thoughts The Harrows Inn is a fantastic pub which offers an experienced publican a great opportunity to run a community pub with an established trade. The current clientele enjoys value drinks with live sports and a varied entertainment schedule. There is the potential to develop a good pub food offer which would help to draw in additional trade, driving footfall throughout the week. Surrounding Area North Hykeham is in the southwest of Lincoln and the Harrows Inn is one of five pubs in the area. The pub is just a short drive away from Lincoln town centre and is surrounded by residential housing and several shops, restaurants, schools and a supermarket. Hykenham train station is a five-minute drive away which sits on the line direct from Lincoln to Nottingham. The main source of trade is through the residents, shoppers and those visiting the town centre.

Upfront cost

£6,545
Cost type: Upfront

Key facts

Upfront cost
£6,545
Turnover (annual)
£404,171
Rent
£23,000 (annual)

Location

271 Lincoln Road, Lincoln, Lincolnshire LN6 8NH
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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