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Lady Elizabeth

Pubs & Bars • Sudbury, Suffolk Management opportunity
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Summary

The Lady Elizabeth, located in the heart of the Suffolk market town of Sudbury is an attractive grade II listed pub with the added advantage of 7 boutique style en-suite letting rooms.

Description

The pub is packed full of character and offers a mixed food/drink offer, focusing on fresh ingredients for home cooked pub meals. The pub also offers regular entertainment and is part of the local drinking circuit. This well presented pub would benefit from a new lease of life, enhancing its reputation as a destination venue in the town, attracting both the locals for drinks and meals, as well as tourists visiting the town. The letting rooms could be marketed more aggressively to grown occupation and the event programme could be further developed to build trade during off peak times. We are searching for an enthusiastic operator with experience in pubs or hospitality, and a genuine passion for outstanding service. The right partner will build on The Lady Elizabeth’s history, blending excellent cuisine, warm and welcoming service, and boutique accommodation. A commitment to local sourcing, engaging community events, and delivering memorable experiences will help transform The Lady Elizabeth into one of Sudbury’s standout destinations. Key facts • Annual rent: £18,000 • Upfront cost: £27,250 • Forecasted operator turnover: £392,549 • Forecasted operator profit (inc machine): £37,424 • Forecasted operator machine profit: £6,000 • Type of tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List • Machine product agreement: Restricted (50/50 share) Entry costs Entry cost is approximately £27250 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings. Trading space As you enter the pub from the main front entrance, the bar is directly ahead of you with seating for drinkers. The trade space reaches towards the rear of the property, with a dining area behind the bar. To the side of the pub lies a courtyard, which stretches the length of the pub, with a small car park to the rear. The letting rooms are located on the upper floors. Private accommodation There is no accommodation currently, although a letting room could be converted.

Upfront cost

£27,250
Cost type: Upfront

Key facts

Upfront cost
£27,250
Turnover (annual)
£392,549
Rent
£18,000 (annual)

Location

Sudbury, Suffolk
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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