Beer Garden
External Drinking Area
Function Room
Car Park
Restaurant/Dining
Property details
The Merry Monarch is a large 1960s detached pub situated on the outskirts of the diverse university city of Leicester in the suburb of Westcotes. The pub has a varied local demographic who regularly visit the pub. The pub is on the main transport links to the city centre making it a good stop off for customers heading into the town for an evening with a small shopping arcade nearby. The Merry Monarch is also only a couple of minutes from Leicester City's King Power Stadium and several parks, trust, and all city-centre amenities.
The bar entrance leads into the main bar area, featuring a pool table, dartboard, and numerous tv screens for customers to enjoy live sports coverage. The fixtures and fittings include a large fixed seating area with loose tables, which can easily accommodate thirty to forty people plus vertical drinkers. The spacious function room is accessed through a separate entrance, with the main bar servicing both sides of the pub. This room has a wooden dance floor, fixed seating areas, loose tables and chairs, and a large projector screen which has previously been used to show major sporting events.
Externally there is a large, grassed drinking area and covered smoking shelter. There is also a public pay and display car park adjacent to the pub.
The private accommodation is of a good size and provides ample space for a family. The first floor consists of two bedrooms, a large living room/lounge, a kitchen, and a bathroom. It also has an additional roof terrace which is for private accommodation.
Key financials
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Reference Number:
IU3WDL / P01002
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Agreement Type:
TAW / Tenancy
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Min Ingoing Cost:
£9,500.00
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Annual Rent:
£19,500.00
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: £19,500
Security Deposit: £5,000
Working Capital: £2,500
Stock: £2,000
F&F: Upon valuation – funding options may be available for the right licensee.