FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
No Private Accomodation
FindMyPub.com
Letting Rooms
FindMyPub.com
Car Park
FindMyPub.com
Restaurant/Dining
Property details
Great Rissington is a picture postcard Cotswold village which benefits from a primary school, cricket club, and campsite. It is located two miles from the popular tourist honeypot village of Bouton on the Water.
The Lamb has a public bar area for circa 30 persons with a rear restaurant for 50 covers. There are 13 en-suite letting bedrooms, of which 9 are located in the main building. Kitchen & beer cellar.
Externally there is a car park to the side plus an extensive beer garden/drinking area to the front, side, and rear.
There is currently no tenants' accommodation.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Experienced Operator
Trading style
The Lamb is a great all-around business with local drinking and dining trade which is boosted by the excellent tourist trade which gives the thirteen letting bedrooms a high occupancy and provides additional F&B income.
The trade is currently biased towards the room trade from the thriving tourist trade in the area. The scope therefore, with some investment from the freeholder, is to improve F&B sales from both tourist and local trade from both the surrounding villages (including Upper Rissington) and further afield.
The landlords are seeking experienced tenants who can "fit in" to a loyally followed local pub, but who also have the food expertise to operate a quality informal offering to a wider audience. Applicants must have or be able to apply for a personal licence.
Key financials
-
Reference Number:
IL3NZO /
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£45,300.00
-
Annual Rent:
TBC
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Rent - Turnover-based rental agreement. Rental of 10% of the net turnover charged weekly in arrears.
Estimate ingoings - circa £45,300 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware, loose goods, and training contribution.
Additional Ingoings:
Fixtures & Fittings are TBC
Working capital is circa £12,500.
The current rateable value is £62,000. Please contact the local authority to find out the actual rates payable.
Terms - Five-year tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar cooling equipment, etc. There is a full wet tie unless agreed otherwise.