Beer Garden
External Drinking Area
Function Room
Smoking Solution
Restaurant/Dining
Property details
This Square is set in the centre of the historic market town of Market Deeping. The pub attracts a good mixture of people as there is something for everyone of all ages: from young people looking for somewhere local at weekend instead of going into Peterborough; or professionals and couples looking to go for a nice drink. There is a real opportunity to provide a good food offer as a full catering kitchen is on-site with a dumb waiter elevator.
The Square is in good walk-in condition and has been recently painted throughout. The site boasts a full catering kitchen and this is a great opportunity to utilise this. The premises is split over two floors and can cater to 140 covers. The second bar upstairs could be a function room or restaurant. Currently, the pub has its own pool room and weekend entertainment to drive trade.
Outdoor there is an area with a few benches and a covered smoking area. There is public parking too right outside in the main square.
The Living accommodation is on the third floor and consists of one double bedroom, Living room, kitchen, and bathroom. This would be ideal for one person or a couple but would not be suitable for family living.
Catering Kitchen
Team Games
Pool Area
Experienced Operator
Trading style
The landlords are looking for an experienced food operator with good local knowledge. Someone to create and deliver a strong USP to make the Square stand out against the competition. Does this sound like you? If so apply today.
Key financials
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Reference Number:
8M9JTW / 0092016101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£9,071.00
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Annual Rent:
£18,846.00
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 £18,846
Estimated Annual Turnover £302,520
Deposit £4,712
Estimated Fixtures & Fittings Value £4,730
Estimated Stock Valuation £4,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £16,942
Estimated Minimum Ingoing Costs £9,071
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.