FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Function Room
FindMyPub.com
Car Park
FindMyPub.com
Restaurant/Dining
Property details
The Merry Monarch is a large 1960s detached pub situated on the outskirts of the diverse university city of Leicester in the suburb of Westcotes. The pub has a varied local demographic who regularly visit the pub. The pub is on the main transport links to the city centre making it a good stop off for customers heading into the town for an evening with a small shopping arcade nearby. The Merry Monarch is also only a couple of minutes from Leicester City's King Power Stadium and several parks, trust, and all city-centre amenities.
The bar entrance leads into the main bar area, featuring a pool table, dartboard, and numerous tv screens for customers to enjoy live sports coverage. The fixtures and fittings include a large fixed seating area with loose tables, which can easily accommodate thirty to forty people plus vertical drinkers. The spacious function room is accessed through a separate entrance, with the main bar servicing both sides of the pub. This room has a wooden dance floor, fixed seating areas, loose tables and chairs, and a large projector screen which has previously been used to show major sporting events.
Externally there is a large, grassed drinking area and covered smoking shelter. There is also a public pay and display car park adjacent to the pub.
The private accommodation is of a good size and provides ample space for a family. The first floor consists of two bedrooms, a large living room/lounge, a kitchen, and a bathroom. It also has an additional roof terrace which is for private accommodation.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Team Games
FindMyPub.com
Live Entertainment
FindMyPub.com
Live Sports
FindMyPub.com
Experienced Operator
Trading style
The pub currently operates as a busy community pub showing live sports and hosts a pool and darts team. The landlord's vision is to maintain existing trade but to build and offer more to the community utilizing the full area of the pub as well as introducing a simple food offer that would provide an additional income stream. There is an opportunity to develop the function room for private parties or large sporting events.
The landlords are looking for an applicant who can run a diverse community pub, someone who understands the needs of the local community, and that can incorporate something for all ages. A strong marketing plan that caters to day and evening and enhances the current offering.
Key financials
-
Reference Number:
IU3WDL / P01002
-
Agreement Type:
TAW / Tenancy
-
Min Ingoing Cost:
£9,500.00
-
Annual Rent:
£26,000.00
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: £26,000
Security Deposit: £5,000
Working Capital: £2,500
Stock: £2,000
F&F: Upon valuation – funding options may be available for the right licensee.