London House, Rugby - Marston's

Price:

Leasehold - £4,000

Seller Ref:

1501

Location:

Warwickshire , Rugby

Business Type:

Pubs

See Other:

Public houses for sale in Warwickshire
Pubs for sale in Warwickshire
Pubs for sale in Warwickshire

Description:

THE BUSINESS:

Real ale pub

Single room operation

Town centre location

Popular with darts teams

Overview
The London House is a town centre pub in the heart of Rugby. Good standards, real ale and a variety of entertainment make the pub a popular choice with locals.

Agreement
Available on our Retail Agreement where there is no rental charge and your income is based on a share of turnover (circa 20%). Marston’s covers all running costs except for staffing and your only ingoing cost is £4,000.

Trading area
The pub is open plan and well zoned with a traditional lounge and bar area all in good decorative condition.

Customer Base
The London House attracts a predominately local customer base from the surrounding area. Situated in pedestrian area in the centre of Rugby surrounded by shops the pub should be looking to attracts more passing trade during the day. The pub is an early trader opening at 10 am and there is a fantastic opportunity for the future operator to build post 7pm sales. Team activities and the entertainment offer of live bands and theme nights are popular and key to future customer and business growth.

Business Potential
The pub is currently trading at around £5,000 per week and has the potential to reach £8,000 per week in the hands of a committed and hands on operator.

Successful Candidate
The ideal retailer must have the ability to drive local activity through team participation and the entertainment offer. It is vital that the future operator is customer focused and can ensure that high standards are adhered to at all times.

Lease Terms:

http://www.marstonspubcompany.co.uk/RunYourOwnPub/RetailAgreement.aspx

Accommodation:

This provides three bedrooms all in sound condition.