Facilities

Car park
Commercial Kitchen
Private accommodation

Characterful Village Pub with Destination Dining Potential

The Old Lion is a characterful village pub with a strong opportunity to become a standout food-led destination for Harborough Magna, Rugby and the surrounding villages. Recently refurbished inside and out, the pub combines traditional village charm with a prov...

Important Information

Annual rent £32,000
Additional information N/A
Weekly rent £615
Entry costs £30,500
Turnover royalty N/A
Forecasted operator turnover £439,272
Forecasted Operator Profit (inc machine profit) £31,400
Forecasted operator machine profit £0
Average Beer & Cider Discount* £108
Type of Tie Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement Standard Tenancy Agreement. A fixed 5 year term.
Machine Product Agreement Unrestricted (100% to licensee)
Entry cost is approximately £30500 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.
Deposit £8,000
Additional Information N/A
Estimated Fixtures & Fittings Value £7,500
Estimated Stock Value £7,500
Estimated Working Capital £7,500
Estimated Entry Cost £30,500
The Old Lion offers a welcoming, characterful trade space designed to support both casual drinks and destination dining. On entry, guests are greeted by a bar and snug area, leading through to two smaller dining spaces and a larger dining area, creating flexibility for everyday trade, group bookings and special occasions. With one main trade kitchen, around 70 covers, a patio area and customer parking, the layout is well suited to a strong food-led offer while still retaining the feel of a traditional village pub.

Bruce Wakeling

Business Development Manager

‘I have over 20 years’ experience in senior operations roles across pub companies and well-known high-street hospitality brands. I enjoy using my experience to support the many offers my leased and tenanted partners deliver in their pubs, helping them to achieve their dreams with their businesses. I pride myself on building strong, supportive relationships with my partners and leaving them in no doubt that they can pick up the phone to speak with me and get my support whenever they need it, adapting this support to the specific needs of each partner.’