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George Hotel

Watling Street, Rugby, Warwickshire, CV23 8YE
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REFURBISHMENT PLANNED

Facilities

Cask Ale
Beer Garden
External Drinking Area
Function Room
Letting Rooms
Car Park
Restaurant/Dining
Experienced Operator
  • Cask Ale
  • Beer Garden
  • External Drinking Area
  • Function Room
  • Letting Rooms
  • Car Park
  • Restaurant/Dining
  • Experienced Operator

Location

Refurbishment planned for this multiple income stream site in the village of Kilsby

Ingoing Cost: £60,195.00
Rent: £48,000.00
Agreement Type: Tenancy
Reference Number: 924-11 / 2302607101

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Property Features:

The pub will undergo a dramatic transformation that will increase the trading area substantially and introduce a kitchen capable of producing a quality new food offering. A new bar will also be installed to dispense the perfect pint as part of the George's revamped offer to incorporate premium beers, quality food with a real focus on local produce, tantalising specials and a lovely garden for outside trading. The letting rooms at the site can be developed further once the pub has been fully established as both a local and destination pub in its own right. These have the potential to provide a valuable additional revenue stream.

Internally, the existing bar servery will be completely stripped out and the wall will be opened up to create a new space. A new bar will be installed, the backfitting will be formed from traditional timbers and will include sections of new mirrors and tiling. The existing function space will be transformed into a new lounge dining area, complete with patio doors leading out into the garden. New reclaimed timber flooring will be added, a mixture of new booth seating and fixed furniture will be incorporated and the installation of a wood-burning stove to create a warm, ambient atmosphere.

Externally, the pub has a traditional coach house feel and a new external signage and lighting scheme will enhance its kerb appeal. The car park can accommodate up to 20 vehicles and there is a spacious beer garden.

 

Trading Style:

The pub will aim to attract locals, as well as visitors from nearby towns and passing trade, given its location close to major road networks. The site will be able to attract a wide range of consumers, with ample adults per licensed premise (particularly within the half-mile catchment area).

Are you an experienced operator who has a passion for great food and great service? If that sounds like you, the landlords would love to talk to you about how they can support you to grow this promising business. They would like to see you bring your own ideas and flair to make the most of this great opportunity.

Private Accommodation:

Accommodation details to be confirmed.

 

Key Financial Information

Please be aware energy performance certificates are available from the landlord.

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Lessee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

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