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GUARANTEED RETAINED ANNUAL SUM

Slyne Lodge

Main Road, Slyne with Hest, Lancaster, Lancashire, LA2 6AZ

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

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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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Coastal

Property details

Once a 19th-century hunting Lodge, The Slyne Lodge is a detached pub in a prominent location on the main road between Lancaster and Carnforth, which benefits from good motorway access from both sides.

The pub has a strong food trade and benefits from both local and holiday footfall. In summer, the patio terrace offers great sea views and sunsets. The pub also boasts 10 on-site letting rooms and a large function room which can host ~100 people.

The private accommodation benefits from a main family flat with 3 bedrooms, a living room, a kitchen, and a bathroom. There are also two other self-contained flats: a two-bedroom with a bathroom and a single bedroom with a kitchenette and a bathroom.

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Catering Kitchen

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Team Games

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Live Entertainment

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Live Sports

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Experienced Operator

Trading style

This business will require applicants with experience of running a pub with a good food income and ideally some experience of letting rooms. Experience of using social media effectively and platforms such as Booking.com will be an advantage. Local knowledge isn’t essential – more importantly is having ideas to drive wet/dry sales and the drive to implement them.

The pub has traded strongly under the current operator's tenure, and the successful applicant will benefit from the pub's current trajectory

Key financials

Reference Number: PSCFKB / 41159
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

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.

The Slyne Lodge is currently trading around £14,000 per week with a split of 50/30/20 in favour of wet.

What’s in it for you?

26% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £35K (released weekly)
Incentive bonuses based on business performance and standard audits.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs.
Accommodation included with most bills covered, except the council tax & TV Licence

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

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