Beacon
Beacon Road, Leicestershire, LE11 2RB
Profit Potential: £ P/A
3 Year Standard Tenancy
Sorry but we’ve found a great licensee to run The Beacon but worry not, click here to see other great opportunities with Everards Brewery Ltd.
The Beacon is a well established traditional pub and benefits from being in a prominent location within Loughborough. With nearly sixteen years of successful trading by the current licensees, the Beacon is a very unique opportunity offering real potential. The pub has a great reputation for its well-kept ales and customers are guaranteed a warm welcome.
The Opportunity
Sorry but we’ve found a great licensee to run The Beacon but worry not, click here to see other great opportunities with Everards Brewery Ltd.
The Beacon has a strong local following and is a very community focused pub. It has a number of sports teams and also has Sky Sports throughout the pub. Although there is currently a small snack orientated food offer, there is certainly potential to expand this further. The pub is well supported by the local community and is situated in a predominantly residential area and has built strong relationships with local businesses.
The Beacon is an exciting opportunity for people with experience of running successful community focused pubs. Ideally you will have the organizational skills and ability to build on The Beacons great reputation . We’re looking for someone with a keen interest in sports and also a strong character to take advantage of this unique opportunity.
For more information or to register your details with our Recruitment Team call 0800 056 4111 or speak direct to the Business Development Manager for this pub, Steve Bradley, on 07730 638647
Financial Information
Profit Potential
We anticipate that a tenant could earn £ 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 | £0 |
|---|---|
| Estimated Current (net) | £0 |
Food
| FMT | £0 |
|---|---|
| Estimated Current (net) | £0 |
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 | £0 |
|---|---|
| Stock & Glassware | £0 |
| Working Capital | £0 |
| Trading Deposit | £0 |
| Valuer & Stocktaking | £0 |
| Total | £ |
Rates
These can be checked with the local rating office. We encourage licensees to challenge rates and use a specialist to assist.
| Rateable value | 0 |
|---|
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 | 0 |
|---|
Interested? Call us on 0800 056 4111 or enquire online »
Interested? Call us on 0800 056 4111 or enquire online »
Public & Private Areas
Sorry but we’ve found a great licensee to run The Beacon but worry not, click here to see other great opportunities with Everards Brewery Ltd.
The Public Areas include:
- Lounge
- Bar
- Garden
- Skittle Alley
Other Areas: - Car Park
The Private Areas comprise of:
- Three Bedrooms
- Sitting Room
- Bathroom
- Kitchen/dining area
- Garden
- Garage
Location
Sorry but we’ve found a great licensee to run The Beacon but worry not, click here to see other great opportunities with Everards Brewery Ltd.
Situated just off the main A6 Loughborough road, the pub benefits from a prominent roadside location. With the convenience of the University town of Loughborough, the pub is excellently placed to benefit from local amenities. The surrounding area benefits from substantial tourism with places such as the Great Central Railway, Donington Park Racing Circuit and Snibston Discovery Park all within easy reach.
* This information is generated from our assessment of Fair Maintainable Trade (FMT) at Beacon 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 5th February 2010 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].