Pub Tenancy - The White Hart, Boston
Pub Tenancy - The White Hart, Boston
Description of the pub
The White Hart is situated on the main Boston to Spilsby Road in the village of Sibsey. It has a single bar which serves a dining area, bar area and function room which doubles up as a pool room. It has a large car park and smoking shelter at the rear.
The living accommodation
The living accommodation consists of 2/3 bedrooms, a lounge, office, kitchen and bathroom. This can be accessed by the back of the public bar.
Brief description of the present trading environment
The business is currently trading to locals and passing trade. Being the only pub within a 5 mile radius, the main customer base is locals from the village and other small communities in the area. Trade is split 70% wet and 30% dry approximately.
Licence details
Alcohol Sales
Monday - Sunday 09:00 - 02:00
Live & Recorded Music
Friday - Saturday 19:00 - 23:30
Opening Hours
Monday - Sunday 09:00 - 03:00
The cost of taking the pub on is GBP7,754.95, plus stock at valuation, valuation fees and working capital.
The experience and qualities we consider desirable in order to run this type of business include having good marketing skills to be able to attract local business. The ideal tenant will understand and be able to identify new night time opportunities as well as develop the daytime offer. Good attention to service and standards will be essential. As well as experience in delivering a quality food offer.
Business agreements available
This pub is available on a 3 year renewable secured tenancy (i.e. automatically renewable). This pub can be let on a standard tenancy arrangement of a subsidised rent and standard pricing, or a Profit Partnership Plus arrangement with preferential pricing with the rent adjusted accordingly.
Details of the catchment area
A community area with the main population being residential.
Details of local facilities
All main facilities are provided in the Boston area which is approximately 5 miles from Sibsey, these include schools, a hospital, a swimming pool, sports facilities, shopping and banking etc. There are the basic facilities in Sibsey such as a shop, school and Post Office.
Projected Annual Turnover is GBP185,261.86 excluding VAT.
Description of the pub
The White Hart is situated on the main Boston to Spilsby Road in the village of Sibsey. It has a single bar which serves a dining area, bar area and function room which doubles up as a pool room. It has a large car park and smoking shelter at the rear.
The living accommodation
The living accommodation consists of 2/3 bedrooms, a lounge, office, kitchen and bathroom. This can be accessed by the back of the public bar.
Brief description of the present trading environment
The business is currently trading to locals and passing trade. Being the only pub within a 5 mile radius, the main customer base is locals from the village and other small communities in the area. Trade is split 70% wet and 30% dry approximately.
Licence details
Alcohol Sales
Monday - Sunday 09:00 - 02:00
Live & Recorded Music
Friday - Saturday 19:00 - 23:30
Opening Hours
Monday - Sunday 09:00 - 03:00
The cost of taking the pub on is GBP7,754.95, plus stock at valuation, valuation fees and working capital.
The experience and qualities we consider desirable in order to run this type of business include having good marketing skills to be able to attract local business. The ideal tenant will understand and be able to identify new night time opportunities as well as develop the daytime offer. Good attention to service and standards will be essential. As well as experience in delivering a quality food offer.
Business agreements available
This pub is available on a 3 year renewable secured tenancy (i.e. automatically renewable). This pub can be let on a standard tenancy arrangement of a subsidised rent and standard pricing, or a Profit Partnership Plus arrangement with preferential pricing with the rent adjusted accordingly.
Details of the catchment area
A community area with the main population being residential.
Details of local facilities
All main facilities are provided in the Boston area which is approximately 5 miles from Sibsey, these include schools, a hospital, a swimming pool, sports facilities, shopping and banking etc. There are the basic facilities in Sibsey such as a shop, school and Post Office.
Projected Annual Turnover is GBP185,261.86 excluding VAT.