Property Description
High street bar with courtyard garden
The Area
The pub is located in Daventry town centre, positioned on the high street. The location provides access to people visiting the town during the day for shopping, as well as those looking for a place to relax in the day and evening.
Demographics
The surrounding area is predominantly medium affluence. Within a 10-minute walk time there are approximately 3,000 adults, increasing to around 18,000 adults within a 20-minute walk. There are 12 pubs within a 10-minute walk.
The Offer
The Lion & Lamb is available on our Investment Tenancy agreement. Click here for more information on this agreement.
Externally, the pub will receive new external decoration including new signage and lights. The rear courtyard garden will be developed alongside other minor repairs. These improvements will support strong everyday trading across different day-parts and throughout the year.
The pub will appeal to all ages and mixed groups, drawn by the great location on the high street, a great range of beers and ciders, and a more welcoming environment. Entertainment includes quizzes, weekend live entertainment and live sport.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Lion & Lamb will have extensive experience in community-led hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers.
If this sounds like the pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Main trading area with bar
50 internal covers
20 external covers
Catering kitchen
HEINEKEN SmartDispense
Rear courtyard garden
Private accommodation consists of three bedrooms, a living room, kitchen and bathroom.
Premises license available on request.
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Outdoor Trade
Pub Games
Private Accommodation
Kitchen
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
