Beer Garden
External Drinking Area
Function Room
Car Park
Childrens Play Area
Restaurant/Dining
Waterside
Property details
The Globe is located in the heart of the small Leicestershire village of Snarestone between Measham and Twycross. The pub is well supported by the local villagers and is very much at the heart of this community. The business is an excellent destination venue for families, diners, tourists, walkers and canal traffic and has enjoyed significant growth over the past three years in both drink and food trade, with further scope for growth achievable. The business offers quality fresh traditional pub food and a selection of real ales. The outdoor areas and accommodation provides a welter of opportunity for an aspiring licensee. Benefit of 20 space touring caravan licence to the rear field
The trade space comprises a large separate restaurant that could be used for private functions and a lounge with mixed loose tables and chairs for approximately 60 covers. Traditional décor and features include beamed ceilings, wooden floors and open fires all adding to the charm of this excellent pub. The trade kitchen is large and fully equipped, capable of delivering a quality pub food offer. The pub is a large and attractive old brick building with extensive private accommodation that has previously been used as letting rooms.
Situated besides the canal, the grounds are extensive and often used by visiting caravan clubs with excellent scope for outdoor events. To the front is a pleasant patio area and to the side is a beer garden with children’s play equipment and picnic bench seating for up to 30. The pub benefits from a large car park providing space for up to 40 vehicles. The property has an outbuilding attached that could be developed and would be an additional trade space.The extensive accommodation is in good order and comprises four double bedrooms, two lounges, two kitchens and two bathrooms.
Cask Ale
Catering Kitchen
Experienced Operator
Trading style
The pub is well supported by the local villagers as well as passing trade and is very much at the heart of this community. The outdoor space provides a great opportunity for an ambitious publican to fully utilise. The pub is especially busy in the summer season with fantastic scope to build on the summer trade and due to its cosy feel; the business also enjoys a good level of trade during the winter months. Enterprise is seeking an experienced publican to further drive the food sales.
Ideal operator will be able to continue to grow the excellent food and drinks offer and repuation this site has had over the past few years.
Key financials
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Reference Number:
FH4FW1 / 001110
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£7,500.00
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Annual Rent:
£27,000.00
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.
Business Details
Forecast Turnover: | £564,214 pa |
Forecast Wet Turnover: | £390,629 |
Forecast Dry Turnover: | £165,421 |
Forecast Other Turnover: | £8,164 |
Guide Rent Annual: | Guide Rent £27,000 |
Financial Details
Full Deposit: | £6,750 |
Potential Full Tie Release Fee: | £49,750 |
Agreement Fee: | £750 |
Repair Fund: | £2,500 |
Fixtures / Fittings: | £25,000 |
Working Capital: | £32,650 |