59-60 High Street, Market Harborough, Leicestershire, LE16 7AF
A well presented wet led business and ideal first time opportunity. If you are passionate about beer, quality and service, this could be your ideal business.
Occupying an enviable position on the bustling High Street of market Harborough, the Red Cow is well placed to provide a quality all day offer. To do that, we need to work with an operator who has the personality and passion for quality ales, wines and spirits. Trading predominantly from a single front bar and rear ‘snug’ the pub is wet led, although a small trade kitchen is available to provide complimentary snacks.
Historically, traditional pub games of darts and dominoes have been an important element of the business and suit the classic ‘Town Local’ feel of this pub.
The Red Cow trades predominately from a bustling public bar at the front of the pub with a quieter 'snug' area to the rear. Both rooms have easy access to the courtyard smoking area and bar servery. A games room is on the first floor with pool table, darts and TV sports.
The compact domestic accommodation is ideal for a couple or single operator.
|Annual rent||£31,000 per annum|
|Weekly rent||£596.15 per week fixed|
£31,000.00 per annum, £596.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £27,750.00 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£10,000||Working capital||£2,000|
|Other costs||£5,350||Total entry cost||£27,750|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
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.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Occupying an enviable position on the busy Market Harborough High Street. Market Harborough is a market town within the Harborough district of Leicestershire, and it sits on the Northamptonshire-Leicestershire border.