Deers Leap
361 Wootton Road, Gaywood, Kings Lynn, Norfolk, PE30 3AZ
REFURBISHMENT PLANNED, PUB MANAGEMENT EXPERIENCE ESSENTIAL
The Ord & Sceptre (formerly know as the Deers Leap) is a great opportunity to operate your own Pub Business with our Pub Franchise Agreement. We will offer you a quality pub asset and set up the business for you and is an ideal way for experienced pub managers to run their own business. In return we will expect you to be energised and genuine with your customers, become an active part of the community and get to know your regulars whilst being nicely nosey. Live sports, pub food and regular events will be at the heart of the pub to attract a broad customer base.
Garden
Kitchen
Patio
Location
The Deers Leap is situated on the busy Wootton Road, in the civil parish of Gaywood, Kings Lynn. This is a prime location for a pub with the vast amount of traffic passing each hour and is surrounded by residential housing. Kings Lynn is a large, busy Town, hosting national retailers and is the primary retail centre in West Norfolk. It has excellent transport links to the busy A10 & A47 roads, as well as being a short drive from the beautiful North Norfolk coastline.
Business Information
Annual rent
n/a
Weekly rent
n/a
Entry costs
£7,000
Turnover royalty
n/a
Forecasted Operator Turnover
£596,273
Forecasted Operator Profit (inc machine profit)
£35,477
Agreement
Pub Franchise Agreement is an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay • £5,000 We give • Greene King sets up the pub and takes liability for the property and pays all running costs including stock. • We also supply marketing, training and ongoing support. You get • You’ll be paid a management fee of £20,000 so you will have a guaranteed income. • You will be paid a percentage of weekly sales known as the variable management fee. • You can earn bonuses based on business performance and standards audits. • Private accommodation where available.
Entry cost of £5,000 is payable on change day. This includes legal fees and start up training costs. An extra £2,000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.
Deposit
N/A
Fixtures & Fittings
N/A
Legal Admin Fee
N/A
Broker Fee
N/A
Stocktaking Fee
N/A
Working Capital
£2,000
Other Costs
£5,000
Total Entry Costs
£7,000
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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2020 | 0 | 0 | 0 |
| 2019 | 35 | 0 | 1,606 |
| 2018 | 128 | 0 | 5,673 |
The trade space will be refurbished inside and out to create a modern pub environment, which enables you to deliver the offer effectively. Please see our mood boards and plan on the photos section to see what we have planned. Full schedule of works available upon request.
Trade Bars
2
Trade Dining Areas
2
Trade Kitchens
1
Trade Food Covers
60
Trade Gardens
1
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
25
Current Premises License Opening Hours
Sun - Thu: 10:00 - 00:30
Fri - Sat: 10:00 - 01:30
There is a large flat above the trading area, comprising four double bedrooms, bathroom and separate toilet, good size kitchen and lounge area. The accommodation is in good condition and has been redecorated
Private Rooms
7
Lounge
1
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
0
Bedsits
0
I am seeking an experienced couple or individual with pub management experience who can meet our licensee profile and effectively deliver the offer within our franchise agreement. The Pub Franchise Agreement allows those with the relevant experience to launch their own business, without the high costs or risks of a traditional tenancy. If you feel this may suit you, then please contact the recruitment team for further information
Mark Horton, Business Development Manager
Apply for this property
The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.