Anchor Inn
74 Loughborough Road, Hathern, Leicestershire, LE12 5JB
Profit Potential: £35,458 P/A
3 Year Standard Tenancy
- Grade II listed building
- Main road location
- Good quality food offer
h3.Sorry but we’ve found a great licensee to run this pub but worry not, click here to see other great opportunities with Everards Brewery Ltd.
A beautifully presented pub which is well supported by its local community, The Anchor offers a great opportunity to take on a successful pub business. It currently offers good quality, reasonably priced food and has an excellent drinks trade to complement this.
The Opportunity
h3.Sorry but we’ve found a great licensee to run this pub but worry not, click here to see other great opportunities with Everards Brewery Ltd.
We are seeking experienced licensees with excellent customer service skills and food skills, who are able to integrate fully into the surrounding community to take on this exciting opportunity. Once our new tenant is settled we will be considering a courtyard development, function room refurbishment and an upgrade to the toilet facilities.
Download the details for this opportunity » (PDF, 2044.7 kB)
Financial Information
Profit Potential
We anticipate that a tenant could earn £35,458 net profit from this site per year.
Turnover
FMT stands for Fair Maintainable Trade - please click here for a full definition of this term,
Drinks
| FMT | £267,020 |
|---|---|
| Estimated Current (net) | £207,239 |
Food
| FMT | £119,167 |
|---|---|
| Estimated Current (net) | £130,000 |
Machines
| FMT | £0 |
|---|---|
| Estimated Current (net) | £0 |
Level of Investment
This is a one-off payment made at the start of the tenancy agreement.
All figures are estimates and exclude VAT.
| Fixtures & Fittings | £20,000 |
|---|---|
| Stock & Glassware | £5,000 |
| Working Capital | £7,500 |
| Trading Deposit | £4,887 |
| Valuer & Stocktaking | £1,200 |
| Total | £Â£38,587 |
Rates
These can be checked with the local rating office. We encourage licensees to challenge rates and use a specialist to assist.
| Rateable value | 33,250 |
|---|
Rent
The rent has been calculated using the FMT turnover that we could anticipate from the site. All Everards rents are linked to RPI so may increase or decrease in future years.
| Rent required for this site | 32,629 |
|---|
Interested? Call us on 0800 056 4111 or enquire online »
Interested? Call us on 0800 056 4111 or enquire online »
Public & Private Areas
Open plan lounge and bar
Function Room
Garden
Other areas:
Kitchen
LIVING SPACES
3 Bedrooms
Sitting room
Kitchen / dining room
Bathroom
Office
Garage
Location
The Anchor is located on the main A6 (Loughborough Road) which runs between Leicester & Loughborough, and Loughborough & Derby.
Hathern has various shops, pubs, restaurants, schools and doctors. All other major amenities can be found in Loughborough town centre, which is 3 miles away.
According to the latest Ofsted reports, Hathern Church of England Primary School received a good approval and The Garendon High School received an outstanding approval.
Hathern is located 4 miles from the University town of Loughborough, 7 miles from East Midlands Airport and 8 miles from Donington Park. Hathern has a population of about 1,800. The village is home to the Swift Sock Factory, one of only a small number of independent sock manufacturers left in the UK. John Heathcoat of Duffield, Derbyshire invented a machine for making lace in Hathern in 1808 after moving his business there from Nottingham.
This information is generated from our assessment of Fair Maintainable Trade (FMT) at Anchor Inn and is based on certain assumptions and information provided by our licensees (to be disclosed on request). FMT is the level of turnover we would expect the pub to achieve within its market and this is assessed in line with good industry practice and relevant accountancy standards.
Wherever possible we have also included the pub’s current trading information as at 9th February 2011 in addition to FMT. This is taken from our sales information (barrelage) and information from the licensees such as their trading information and cost base.
We would expect you to use the FMT information to help form the financial element of your business plan. These figures above are an estimate based on FMT and you may think that you can exceed or conversely not achieve these. As this stage we would strongly recommend that you take independent financial advice to help you form a budgeted profit and loss statement.
This information is not intended to amount to advice, a statement of fact, a guarantee, a representation, a condition or a warranty on which reliance should be placed but is our opinion only. We therefore, to the extent permitted by law, disclaim all liability and responsibility arising from any reliance placed on such information by you or anyone informed of its contents.
You are advised to carry out your own financial investigations and inspections into the pub to satisfy yourself as to the correctness of the above information, whether or not you can achieve these figures and as to the trading potential of this pub. You will be given a shadow profit and loss account and other details of the pub when you make a formal enquiry – this will be given within our Code of Practice which also contains other details about Everards.
Historic information is not an indicator of future performance of a pub and you should bear this in mind in your assessment.
[This information does not constitute any part of an offer or a contract and any acquisition of a pub by you is subject to our terms and conditions of agreement].