FindMyPub.com
Beer Garden
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External Drinking Area
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Function Room
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Car Park
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Restaurant/Dining
FindMyPub.com
Coastal
Property details
The Lady of the Lake is a well-known and highly regarded pub located on the edge of Oulton Broad, one of Lowestoft's most popular leisure destinations. Renowned for its live music and entertainment offering, this established venue presents an exciting opportunity for an ambitious operator to take on a thriving community-focused business with multiple income streams.
The pub features two distinct trading areas centred around an impressive horseshoe-shaped bar. The main bar area is split across two levels and offers a welcoming setting for regular customers, sports fans and social gatherings. An adjoining games room provides additional customer appeal, while the dedicated function and entertainment space hosts live music events and has the versatility to accommodate dining, private functions and community events.
Supported by a well-equipped commercial kitchen, the pub offers excellent potential to further develop a food proposition alongside its already successful wet-led and entertainment-driven trade.
Private Accommodation
The Lady of the Lake benefits from substantial private accommodation, offering spacious and comfortable living for the operator and their family. Ideally suited to those seeking the convenience of living on-site, the accommodation provides generous living space separate from the main trading areas.
The accommodation includes four bedrooms, a dedicated office, a large private lounge, kitchen, dining area, family bathroom and separate WC. The generous layout offers flexibility for family living, home working and day-to-day business management.
With its size, practicality and comfortable living areas, the private accommodation significantly enhances this opportunity, providing an excellent lifestyle proposition alongside a thriving pub business.
FindMyPub.com
Catering Kitchen
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Live Entertainment
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Experienced Operator
Trading style
The Pub Company are seeking an energetic and entrepreneurial operator who can build upon The Lady of the Lake's strong reputation as a destination for live entertainment and community events. The ideal publican will be passionate about creating memorable customer experiences and confident in managing a varied business that combines wet-led trade, live music, food and private functions.
This opportunity would suit an operator with experience in entertainment-led venues, community pubs or food and events businesses. The ability to maximise the potential of the function room, develop a complementary food offer and maintain a strong calendar of live events will be key to future success.
With excellent customer service skills, strong community engagement and a creative approach to hospitality, the successful operator will be well placed to establish The Lady of the Lake as one of the leading pub and entertainment venues in the Oulton Broad area.
Key financials
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Reference Number:
FH4FW1 / 023224
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£10,835.00
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Annual Rent:
£40,000.00
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.
Business Details
| Forecast Turnover: | £1,000 pa |
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| Forecast Wet Turnover: | £600 |
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| Forecast Dry Turnover: | £400 |
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| Guide Rent Annual: | £40,000 |
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Financial Details
| Full Deposit: | £10,000 |
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| Potential Full Tie Release Fee: | £28,250 |
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| Agreement Fee: | £835 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £72 pw |
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