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COMMUNITY SITE

Gate Inn

Fairfield Road, Hugglescote, Coalville, Leicestershire, LE67 2HG

Ingoing Cost: £8,979
Annual Rent: £23,746

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Function Room

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Smoking Solution

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Car Park

Property details

The Gate Inn, located in the village of Hugglescote, sits directly opposite the local primary school, making it a central fixture within the community. This prime location offers a fantastic opportunity to market to and attract the many parents who visit the school daily. Additionally, the pub is nestled within a residential area, further embedding it into the local neighbourhood. The pub benefits from being the only one found in an area of around 4,000 adults. The diverse customer base is made up of younger couples and families.

Trading Area & Facilities:

Separate lounge and bar, both served by a single, central bar
Separate pool/games room
No kitchen
Function room
External trading areas to the front, side, and rear of the property
Car park with 8 spaces

The private accommodation consists of three bedrooms, a living room, a kitchen, and a bathroom.

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Cask Ale

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Team Games

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Pool Area

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Live Entertainment

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Live Sports

Trading style

The potential of this pub lies in maintaining a strong drinks offer. The site has the ability to drive trade via live sports and live entertainment. There is a selection of pub games, such as pool, and darts. It offers cask ales, popular beers, ciders, wines and spirits.

If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a community-led hospitality business. They will have a clear vision for their drinks menu, and sports offers and can create a memorable experience for their customers.

Key financials

Reference Number: 8M9JTW / 2302761101
Agreement Type: Tenancy

Min Ingoing Cost: £8,979.00
Annual Rent: £23,746.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware energy performance certificates are available from the landlord.

Annual Rent £23,746
Estimated Annual Turnover £359,800
Deposit £5,937
Estimated Fixtures & Fittings Value £2,310
Estimated Stock Valuation £3,500
Estimated Working Capital £3,500

Estimated Total Ingoing Costs £15,247
Estimated Minimum Ingoing Costs £8,979

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

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