Old Crown
7 High Street, Fleckney, Leicestershire, LE8 8AJ
Profit Potential: £ P/A
3 Year Standard Tenancy
Sorry but we’ve found a great licensee to run the Old Crown but worry not, click here to see other great opportunities with Everards Brewery Ltd.
The Old Crown is the focal point of the rural village of Fleckney, and is therefore at the hub of community activity such as Bonfire Night and the Christmas Fayre. This prominent building has been refurbished in recent years and this is reflected in the clean, modern interior and popular outdoor areas.
This is an excellent opportunity for someone with knowledge of the trade to develop the existing food and drink offer.
Situated in South-East Leicestershire, Fleckney is a busy village which retains a rural atmosphere surrounded by stunning countryside.
The Opportunity
Sorry but we’ve found a great licensee to run the Old Crown but worry not, click here to see other great opportunities with Everards Brewery Ltd.
The Old Crown offers an opportunity to develop both the food and drink trade to the local community which includes a high proportion of families and older couples. A wide drinks range is available here including a selection of cask ales and there is a traditional pub food menu in place.
Positioned in the centre of this busy village close to local amenities including a supermarket which is currently undergoing expansion, butcher, newsagent and pharmacy. The village has an industrial estate on the outskirts with a number of businesses. Therefore, the Old Crown benefits from both local and passing trade.
This pub would ideally suit the type of person who wishes to take on a new, refreshing and exciting challenge of developing this local, community focussed and established pub.
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, Mike Brown, on 0786 0100 433.
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 Old Crown but worry not, click here to see other great opportunities with Everards Brewery Ltd. Public areas include:
- Lounge
- Bar
- Garden
- Children’s Play Area
Other areas:
- Kitchen
- Function room
Private accommodation comprises of:
- Three bedrooms
- Sitting / Dining room
- Kitchen
- Bathroom
Location
The village has an active community feel with regular events organised by local committees and the Parish Council. There are also a number of local sports clubs and societies. There is a sports centre which has recently developed an all-weather pitch to cater for the needs of Fleckney and surrounding villages.
Fleckney has a Primary School which received a positive OfSted report in February 2009, you can read this report in full by clicking here . Other schools in the area include Kibworth High School which caters for 11 – 14 yr olds and Robert Smyth School in Market Harborough which caters for 14 – 16 yr olds and has a Sixth Form for 16 – 18 yr olds. Leicester City has two universities- De Montfort and the University of Leicester.
The village has excellent transport links with the A6 and A50 and the pub can be reached by Saddington Road, Arnesby Road, Leicester Road all of which feed into this quaint and pleasant village. Fleckney is about half way between Leicester and Market Harborough. It is also close to the popular Saddington Car Book Sale which attracts hundreds of visitors from across the county every Sunday between Spring and Autumn.
Historically, Fleckney was a small agricultural community but the village is steeped in a combination of agricultural and hosiery related industry. Fleckney is mentioned in the Domesday book of 1086 and it’s motto (which was decided by Lord King, Earl Lovelace, the last Lord of the Manor) is “Labour is its own reward”.
* This information is generated from our assessment of Fair Maintainable Trade (FMT) at Old Crown 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 2nd September 2009 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].