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Railway Inn

191 Station Road, Ratby, Leicestershire, LE6 0JQ

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Profit Potential: £40,515 P/A

3 Year Standard Tenancy

  • Lively community local
  • Prime village location
  • Great drink sales

Sorry but we’ve found a great licensee to run the Railway Inn but worry not, click here to see other great opportunities with Everards Brewery Ltd.

Benefiting from a prominent roadside location within the village of Ratby, The Railway Inn is a great opportunity to run a pub business with established drinks sales. There is scope to develop the food side of the business and developing custom from surrounding villages.

The Opportunity

The Railway Inn, Ratby has been a part of the Everards estate since 1903. Positioned
on a prominent roadside location, the Railway is known for its great range of cask ales
and beers. It has great community spirit and is well used by the surrounding villages.
The Railway offers a fantastic opportunity to introduce a small food offer at lunchtimes and in the evenings to complement the established drinks sales and add a profitable income stream to the pub.

We are searching for experienced licensee(s), who are looking for a new challenge. The
successful candidates would benefit from experience of running a community pub;
have catering skills and the knowledge to introduce a new food offer and above all,
have a passion for the pub industry.

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 07860 100 433.

Download the details for this opportunity » (PDF, 2185.6 kB)

Financial Information

Profit Potential

We anticipate that a tenant could earn £40,515 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 £298,301
Estimated Current (net) £263,808
Food
FMT £26,000
Estimated Current (net) £5,200
Machines
FMT £4,843
Estimated Current (net) £4,843

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 £12,000
Stock & Glassware £3,000
Working Capital £5,000
Trading Deposit £7,350
Valuer & Stocktaking £1,200
Total £28,550

Barrelage

A barrel is a unit of measurement adopted by the pub and brewing industry. A barrel is 36 gallons or 288 pints. This exludes wines, minerals and spirits.

FMT Barrelage 325
Current MAT Barrelage 287
2010 308
2009 358
2009 N/A

Rates

These can be checked with the local rating office. We encourage licensees to challenge rates and use a specialist to assist.

Rateable value £27,500

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 £31,000

Interested? Call us on 0800 056 4111 or enquire online »

*This information is generated from our assessment of Fair Maintainable Trade (FMT) at The Railway Inn, Ratby and is based on certain assumptions and information provided by our licensees (to bedisclosed 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 22/07/11 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