Under Offer

White Lion

50 Park Street, Worksop, Nottinghamshire, S80 1HF

Pub overview

This is a fantastic opportunity to take over the running of a very successful business which has been built up over 8 years with great licensees who have moved on for personnel development.

Ideal for a first time operator with an easy to run single bar operation and easy access to the catering kitchen and segmented trade areas which see dinning and drinking work in conjunction with each other. The pub benefits from a town centre location but over looks the local church giving it a rural village feel. The beer garden makes this a popular summer pub for both real ale drinkers and lunch time dinners and the private accommodation is very suitable for family living.

Central bar service station which has a large back bar to aid in merchandising and selling opportunities. There is a large restaurant with 30 covers and an ability to use this for private parties, a snug which has circa 10 co, and a lounge area for mixed drinking and dinning that can hold upto 30 people. The main bar area has vertical drinking and there is a conservatory to allow drinking and casual dinning. There is a large car park with over 20 spaces and a large beer garden accessed from the conservatory and car park.

Trade space
Bars 1
Car park spaces 22
Dining rooms 1
Food covers 60
Gardens 1
Trade kitchens 1
Patio areas 1

Lounge, kitchen, bathroom and two bedrooms.

Private space
Private Rooms 6
Lounge 1
Single Bedrooms 2
Private Kitchen 1
Bathrooms 1
Toilets 1

Rent information

Annual rent £35,000.00 per annum
Weekly rent £673.08 per week fixed
Notes

£35,000 per annum, £673.08 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. *Machine income free of tie*

Entry costs approx £11,800 which includes 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 and fittings are yet to be valued.

Brokers £675.00 Legal £825.00
Deposit £6,000.00 Stocktaking fees £150.00
Fixtures & fittings TBC Working capital £3,000.00
Other costs £1,150.00 Total entry cost £11,800.00

Agreement description

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.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2015/16 204 87 6,289
2014/15 219 331 6,969
2013/14 226 546 7,344
Volume notes

Location

The pub lies on the very busy A57 the main arterial road from the M1 to the A1M, it is just off the town centre so acts as a feeder bar for the weekend circuit trade without the hassle of the town centre business. A rural feel being opposite the church and on the outskirts of town make this for a very popular venue for the many local residents.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Mon to Thurs 11:00 - 23:30 Fri & Sat 11:00 - 00:30 Sun 11:00 - 00:00

Contact Us

Andy Longley

Business Development Manager

Call us today 0845 607 5330

Apply online
“ This is a superb established business which is very popular with locals for both beer and home cooked food. It would be great for a first time operator who can come along and continue the great work here. The pub lies very close to the town centre opposite the church which gives a local village feel rather than a town centre bar. It is a single bar operation which makes it easy to run with the kitchen feeding directly into the trade area. There are segmented areas for designated eating and drinking which allow for a great mix of occasions.The main dining area could be used to accommodate private parties too. ”