Blue Pig

Hall Road, Wolvey, Hinckley, Leicestershire, LE10 3LG

COULD YOU BE THE HUB OF THE COMMUNITY?

Dating back to the year 1415 the Blue Pig is steeped in tradition and history and has all the features, such as log fires and oak beams that you would expect to see in a pub of this age. Guests can enjoy an excellent meal or simply a quiet drink in one of the various cosy areas which adorn the pub. The site attracts guests, not only from Wolvey, but from many of the surrounding areas such as Rugby and Coventry. The pub currently benefits from an even sales split, ensuring the locals will come in for a fabulous pint of real ale, or their other favourite tipple, as well as attracting those families and couples for a quality home cooked meal.

Location

Situated in the village of Wolvey, near J1 of the M69 the conurbations of Rugby, Hinckley and Coventry are all within easy travelling distance. The village dates back to Saxon times and indeed the most important historic event occurred during the War of the Roses when Warwick The King Maker captured Edward IV on the Wolvey Heath. The Blue Pig is located centrally in the village, close to the local post office and shop

Business Information

Annual rent

£41,500

Weekly rent

£798

Entry costs

£45,750

Turnover royalty

n/a

Forecasted Operator Turnover

£510,340

Forecasted Operator Profit (inc machine profit)

£41,421

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£36

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Standard Tenancy Agreement A fixed 5 year term agreement.

Entry costs approximately £45,750, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £18,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period

Deposit

£10,375

Fixtures & Fittings

£18,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£14,500

Other Costs

£1,150

Total Entry Costs

£45,750

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 147 2,293 5,336
2018/19 178 2,625 6,415
2017/18 190 2,925 6,593

The pub serves a good selection of quality traditional food, complimented by a good range of ales, lagers and wine. The main dining area has eighty covers but there is more informal seating throughout the pub where guests can eat. There is a pleasant garden area to the rear, and to the front and rear there is parking. There is disabled access and toilet facilities.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

80

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

25

Current Premises License Opening Hours

Mon - Thu: 11:00 - 00:30
Fri - Sat: 11:00 - 01:00
Sun: 12:00 - 23:30

The accommodation is in good condition and comprises: Lounge, kitchen, three bedrooms, bathroom, office and storeroom.

Private Rooms

8

Lounge

Yes

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

1

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am looking for an experienced food operator who can take on the opportunity to really cement themselves at the heart of the local community. With an already established reputation for destination dining and high levels of food trade, catering experience would be a distinct advantage as well as the ability to keep the best pint of real ale in the area. If this sounds like the opportunity you've been waiting for, then contact the recruitment team for further

Asa Charlton,

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