Run a Stonegate Pub - Millers Arms Lincoln, Lincolnshire

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About the Pub

The Millers Arms is a community local situated on the main High Street in Lincoln near the shopping area, football ground and University of Lincoln campus. This sports-focused local attracts a range of customers including shoppers, local residents and visitors to the nearby Lincoln City Football Club. The pub has two bars with a central servery and can accommodate approximately 40 covers throughout. The bar houses a pool table, darts area and plays host to the main meeting area, popular amongst the local community. The lounge area has a cosy atmosphere, is operationally friendly and well presented. The pub has a catering kitchen which is basic but well-equipped, allowing the new publican to create a simple food offer. Live music has been played historically with various themed nights with the special event being a roof party. The beer garden is situated on the side of the premises, comprising picnic benches and umbrellas. The four bedroom accommodation is in good decorative order and is ideal for a family. Stonegate Pub Partners are looking for an experienced retailer with a background in community-based pubs who can drive a good wet trade and develop the food side of the business serving traditional pub food.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £11350
Fixtures / Fittings: Est. £5000
Guide Rent: £17500 pa
Potential Turnover: £191000 pa

Regional Manager's Thoughts

The Millers is a prominent pub assisted by recent exterior decoration and signage scheme with good facilities that can offer live music and traditional sports offerings for a variety of teams. The pub has a growing food offer with potential for a larger real ale offer, which the new operator can develop. There has also been strong focus on becoming a pre-match venue that has built up over the recent seasons.

Surrounding Area

The pub is situated in the High Street and surrounded by a very dense residential stronghold. Lincoln has 19000 students in town and two large housing estates within walking distance, allowing a mixture of customer traffic from these surrounding areas. The High Street is ideal for taking advantage of the heavy footfall traffic.

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