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Beer Garden
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External Drinking Area
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Letting Rooms
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Car Park
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Restaurant/Dining
Property details
The Gregory Arms is located in the village of Harlaxton, just outside Grantham. Harlaxton is a sought-after estate village with 900 years of history, picturesque red-brick cottages, a charming duck pond, and the impressive backdrop of Harlaxton Manor. The pub benefits from 780 adults within a 10-minute walk and 780 adults within a 20-minute walk. There is little direct competition within the immediate walk time, giving the Gregory Arms a strong opportunity to re-establish itself as the go-to local pub for the village.
A refurbishment is planned to spend in the region of £111,148 to transform the Gregory Arms into a premium village pub with a great food offer, refreshed trading spaces, and stronger kerb appeal.
Trading Area & Facilities:
- Main trading area with bar
- Separate dining room
- Snug area
- Separate games/sports zone
- 106 internal covers
- 75+ external covers
- Catering kitchen
- HEINEKEN SmartDispense
- 2-bedroom private accommodation
- 2 letting rooms
- Pub garden
- Car park with 35+ spaces
The private accommodation consists of two bedrooms, a kitchen, and a bathroom.
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Catering Kitchen
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Team Games
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Experienced Operator
Trading style
The existing customer base has been limited, with the pub having been closed for several years and now trading on a temporary management agreement while rebuilding after the previous closure period. Historically, the offer has been more wet-led, value-led and traditional, attracting a loyal but more mature demographic with limited younger custom.
The refurbishment will reposition the pub to appeal to a broader and more diverse customer base, including families, casual diners, younger professionals, after-work socialisers, and destination diners.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for Gregory Arms will have extensive experience in food-led hospitality businesses. They will have a clear vision for the food and drink menu, events, entertainment, and marketing strategy, and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 0050269101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£22,844.00
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Annual Rent:
£57,374.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual:
Estimated Annual Turnover £793,331
Annual Rent £57,374
Entry Costs:
Deposit** Deposit build up from 1 month rent £14,344**
Estimated Fixtures & Fittings Value** Rented fixtures & fittings deal available £55,309**
Stock Valuation £5,000
Working Capital Required £3,500
Indicative entry costs range from** £22,844 - £78,153
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.