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COMMUNITY SITE

Duke Of Rutland

Lower Bond Street, Hinckley, Leicestershire, LE10 1QU

Ingoing Cost: £6,000
Annual Rent: TBC

Features
Trading style
Key financials

Property details

Duke of Rutland is a traditional community wet-led pub that is well supported by the local community thriving within the lively drinking scene of Hinckley. Positioned on the outskirts of the town, it enjoys a bustling location amidst a densely populated residential area, boasting a local community of 24,000 within a one-mile radius. The pub is conveniently surrounded by housing and local businesses, with the added advantage of being close to the Hinckley campus, making it a focal point for both residents and students alike.

Upon entry through the main front door, to the right-hand side is the traditional bar servery, this is a relaxed area where locals enjoy a drink and features fixed seating creating a spacious environment for seated and vertical drinking, To the left is the pool table, situated alongside this there is a darts board both of which are used regularly by the pool and darts team.

An NCP car park is situated to the side however most people walk to the pub. Whilst there is no external drinking area, upon discussion with our licensing team and with the local authority, this is something that we could apply for.

The private accommodation consists of three bedrooms, a sitting room and bathroom, domestic kitchen situated downstairs.

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Team Games

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Pool Area

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Live Entertainment

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Experienced Operator

Trading style

The pub enjoys strong support from a dedicated customer base, fostered by the current licensees who have upheld its reputation for over a decade, providing a solid foundation. Currently hosting pool and darts teams, the addition of Sky Sports would enhance the pub’s appeal. Moreover, there’s an opportunity to introduce a more structured weekly schedule, incorporating events such as quiz nights, board games, and regular entertainment to further engage with locals.

The Duke of Rutland is suitable for both an experienced licensee and someone new to tenancy, having some experience in a similar-style pub would be beneficial. An understanding of running a pub, from managing staff to handling finances is required. Knowing the local demographics is crucial. This means understanding the community, their preferences, and what would appeal to them in terms of drinks and events. You must have the skillset and ambition to plan and deliver a varied marketing plan and great standards are essential.

Key financials

Reference Number: IU3WDL / P00485
Agreement Type: Tenancy

Min Ingoing Cost: £6,000.00
Annual Rent: TBC

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: £TBC
Security Deposit: £2,000 (Bond build up)
Working Capital: £2,000
Stock: £2,000

F&F: TBC – funding options may be available for the right licensee.

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