FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
No Private Accomodation
FindMyPub.com
Restaurant/Dining
Property details
The Study Room is located in the heart of Lancaster, one of England's Heritage Cities. The City itself provides historical interest, with castles, churches and cathedrals as well as providing one of the top 15 universities in the UK, making this pub a great opportunity to attract footfall from a range of customers – from tourists, students and locals.
There are 40 pubs within a 10 minute walk time of just under 8,000 adults, making this a great opportunity for the right operator to create a unique offering to stand out from the pubs competitors. The customer base is mainly made up of a mixture of low and high-affluence adults, making this a great opportunity to be diverse and flexible with your food & drinks offering.
The Study Room is a beautiful example of artistic décor, comprising of open plan seating of over 100 covers internally with a further 20 guests seating outside in the raised external drinking area to the rear. This pub has the look and modern feel, of a Stately Home Study Room internally, hence the name, currently offering ample bar bites like hot dogs, burgers & nachos, Halloumi Fries, Chorizo Skewers plus draught beer & many, many cocktails on offer.
The Study Room provides a great place for Lunch, Dinner, Brunch, Drinks, and evening entertainment, serving great cocktails. The pub hosts a weekly quiz night on a Thursday with prizes and also hosts live music at weekends.
There is no private accommodation available. There is office space available to run the business from, and storage facilities available upstairs.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Team Games
FindMyPub.com
Live Entertainment
FindMyPub.com
Experienced Operator
Trading style
The site currently has the ability to drive trade via live entertainment and weekly quizzes. It offers a selection of popular beers, ciders, wines and spirits, cocktails, and small plates.
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 high street foot outlet hospitality business, with knowledge of kitchen operations and bistro-style food. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer to create a memorable experience for their customers. Cocktail experience would be an advantage.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 2302287101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£23,855.00
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Annual Rent:
£48,500.00
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.
Annual Rent £48,500
Estimated Annual Turnover £807,936
Deposit £12,125
Estimated Fixtures & Fittings Value £40,000
Estimated Stock Valuation £8,230
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £23,855
Estimated Minimum Ingoing Costs £23,855
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.