Beer Garden
External Drinking Area
Letting Rooms
Car Park
Restaurant/Dining
Property details
The Horse & Jockey is situated in a prime position facing the old market square, in the village centre of Waddington. With good access links, The Horse & Jockey is located just one mile away from RAF Waddington Air Base. As a result, the pub benefits from 6,600 adults living within a one-mile radius. Along with this, the pub has 30k people living within a ten-minute drive and has good Lincoln and Grantham bus links. This excellent location means that there will be a high number of visitors looking for a destination pub to be able to relax and socialise in.
An extensive refurbishment will transform The Horse & Jockey into a quality pub for customers to enjoy. The interior and exterior will receive major works and renovations to modernise the pub with cosy, natural finishes. The pub's kitchen will also undergo an overhaul with a new fit-out. The pub will be decorated in the style of a great country pub, with some twists and nods to The Horse & Jockey name, and will also pay tribute to RAF Waddington.
Externally the landlords will be redecorating the garden, with new signage and a great rear outdoor patio area with some Birra Moretti Branded Sheds (Subject to planning) to offer a premium and quality external drinking and dining area for the warmer months.
The private accommodation consists of two bedrooms, a kitchen, a bathroom, and a lounge.
Cask Ale
Catering Kitchen
Experienced Operator
Trading style
The Horse & Jockey has the opportunity to enjoy multiple income streams with great bar trade, a destination food offer with approximately 138 covers, four letting rooms, and a great outdoor area with decking space and a fire pit. This means the pub will be able to cater to a wide range of customers and fill a gap in the market in the area for a great pub offering quality food, attracting locals and visitors alike.
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 the pub will have extensive experience in a similar hospitality business. They will have a clear vision for the pub 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 / 2301964101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£96,881.00
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Annual Rent:
£53,527.00
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 £53,527
Estimated Annual Turnover £765,422
Deposit £13,381
Estimated Fixtures & Fittings Value £70,000
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £96,881
Estimated Minimum Ingoing Costs £96,881
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.