Run a Stonegate Pub - Old Pheasant Oakham, Rutland

About the Pub

A fantastic opportunity to run a beautifully presented business, both internally and externally, in the affluent picturesque village of Glaston in the heart of Rutland, Leicestershire. Boasting a cosy, traditional bar with two open fireplaces, a contemporary 50-cover dining room with traditional beamed ceilings, a small patio to the front of the pub and a large beer garden with picnic bench seating to the rear. In addition to these great features, the business is also blessed with a 12 letting rooms accommodation business which has all year-round potential, with all rooms benefitting from en-suite facilities. The commercial kitchen has the capacity to deliver a premium food offer that the premises and the village can sustain. The private accommodation is located on the first floor and comprises of two bedrooms, a lounge, large, fitted kitchen and bathroom/WC. Stonegate Pub Partners are now seeking an experienced operator who is capable of running a multi-faced business with a strong food and drink offer whilst utilising the letting accommodation. Due to the idyllic location of the Old Pheasant, the new publican will need to capture all the possible tourist trade to maximise revenue and footfall.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £13000
Fixtures / Fittings: Est. £40000
Guide Rent: £40000 pa
Potential Turnover: £440000 pa

Regional Manager's Thoughts

The business has established a solid trading foundation with a loyal following and desirable wet, dry and letting room sales amongst locals and tourists passing through the area. The new publican would need to continue to operate the pub in the same successful manner or explore the civil ceremony opportunity and introduce holiday packages. There is potential for creating live in staff accommodation to help with recruiting the right team to drive the business.

Surrounding Area

The Old Pheasant is located in the affluent and highly sought-after village of Glaston, close to Rutland water. Set in the heart of Rutland, Glaston is ideally located for those wishing to explore England's smallest county and beyond. The business is set half way between Leicester, Nottingham and East Midlands airport which is just 45 minutes away.

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