FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Function Room
FindMyPub.com
Car Park
FindMyPub.com
Childrens Play Area
FindMyPub.com
Restaurant/Dining
Property details
The Stags Head sits in Newport, at the gateway to the historic Lincoln Bailgate and Cathedral Quarter. Lincoln is a very popular tourist city attracting many visitors all year round.
Internally, beautiful flagstone flooring and modern décor, in addition to generous amounts of light from the large windows, create an enjoyable space for guests. The Stags Head has a large bar at the front of the building complimented by a separate dining area in the conservatory to the rear with 60 covers. Overall the pub can easily accommodate 100 plus covers putting it in an enviable position this close to Lincoln’s main tourist attractions.
The function room is on the first floor and has a capacity for 120 guests. This makes it unique in this part of the city.
Externally, a contemporary signage and lighting scheme ensures excellent kerb appeal. A sizeable fully enclosed beer garden exists at the rear of the pub and there are great car parking facilities available for 20 vehicles.
The private accommodation consists of an office, three bedrooms, a kitchen, a lounge, and a bathroom.
FindMyPub.com
Catering Kitchen
Trading style
The Stags Head is supported by an enviable catchment area made up of families, students, and mature couples enjoying city life.
This substantial pub offers excellent features such as a large function suite, catering for all occasions, and a hidden gem located at the rear of the pub, in the form of a large beer garden.
The Stags Head is ready for the right pair of hands to make the most of its undoubted potential and nurse it back to rude health, could this be you? No other pub in this part of Lincoln has the potential that the Stag offers.
Key financials
-
Reference Number:
8M9JTW / 0050140101
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£16,275.00
-
Annual Rent:
£33,304.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £33,304
Estimated Annual Turnover £631,525
Deposit £8,326
Estimated Fixtures & Fittings Value £24,775
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £46,601
Estimated Minimum Ingoing Costs £16,275
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.