under offer
under offer
tenancy
St Cleer, Liskeard, Cornwall PL14 5DG, UK
Approx. Total Ingoings
£11,750Annual Rent
£15,000The Market Inn, St Cleer is a traditional village pub with a two-bar operation. The pub has been well kept and is decorated in a contemporary, yet stylish manor, with wooden beams and exposed brick walls throughout. The Market Inn comprises a mixture of loose and fixed seating within the lounge and dining area that can be re-arranged for group bookings, or as the new publican wishes. We are currently seeking an experienced publican with catering skills to uphold the current food offering.
Private Accommodation: The private accommodation comprises five bedrooms, a lounge, kitchen and bathroom.
Indoor trading area
With a warm and traditional atmosphere, the trading areas within the Market Inn are split between the main bar and a lounge bar that can second as a function room. The public bar boasts features such as fireplaces, laminate wood flooring and exposed beamed ceilings and is used by local pool and darts teams with a games room located just off the main bar. The lounge has an olde-worlde feel and caters for the dining customers with a variety of loose fixtures and fittings and combined, both bars can seat up to 60 guests. A moderate sized trade kitchen that has a separate entrance into the lounge bar is well equipped to deliver an exciting food menu.
Outdoor trading area
The beer terrace is located to the rear of the pub and can be accessed from the main bar. With seating for 40 covers it is ideal for BBQs and summer parties. There is a covered area that acts as a smoking solution and the large car park provides space for 40 vehicles.
Regional Manager Comments
The Market Inn is very much a traditional pub with excellent support of the local community and tourist trade in the seasonal months. The business supports local pool and darts teams and would welcome additional revenue by utilising the good-sized trade kitchen to develop an attractive menu for guests. This is a wonderful opportunity for an experienced publican with a catering background to take an established community pub to the next level.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale Restaurant/Food
Approx. Total Ingoings
£11,750
Annual Rent
£15,000
Potential Turnover: £233,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £15,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £11,750 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £10,000 (excl VAT)
To be discussed with the Regional Manager.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
