Two Tenanted Freeholds With Vacant Possession For Sale

Business description

GA-SELECT have been instructed on behalf of ELITE TAVERNS to offer by way of FREEHOLD two public houses located in Leicestershire.

1) The Railway Inn, 36 King Street, Sileby, Leicestershire LE12 7LZ - held on a traditional tenancy agreement with a rent of £21,000 pa fully tied for all alcohol – F & F owned by Elite Taverns.

The business trades as a community style locals pub with front public bar & games/darts (36+) and rear bar (24+) with pool etc. A central bar servery services both room. Good basement cellar. Rear beer garden (60). Ample storage. Owners accommodation with 3 double bedrooms, kitchen / breakfast room, bathroom & lounge. Bulk supplies have been running at 250 composite barrels p.a. All mains are connected. There is private parking to the side of the premises (6-8) then a large municipal car park to the rear. Some renovation and improvement works are presently underway.



2) The Stag & Pheasant, Loughborough Road, Mountsorrell, Leicestershire LE12 7AT – held on a traditional tenancy agreement with a rent of £16,000 pa fully tied for all alcohol – F & F owned by Elite Taverns

The business trades as a good locals pub and food venue with traditional front bar (28+) then a dining section (14), rear bar area with games machines, open access pool /games area and main restaurant (40c) with fitted stainless steel catering kitchen including professional extraction. Basement cellar. Ample storage. Owners accommodation with 2 double bedrooms, sitting room, fitted kitchen, family bathroom (2). A small patio area to the rear provides a smokers solution. Bulk supplies historically equate to 250 composite barrels p.a. Parking is available to the side of the property for 40 cars and unrestricted street parking.

We believe that the rental incomes from these two pub businesses are well below market value and a combined rent of £50,000 (£25,000 each) with a full alcohol tie could be achieved and is affordable for the tenant.


We are seeking offers on £565,000 for the two properties sold together. Our client may consider separate offers on individual properties however the quoted price must be seen as discounted for the two sold together.

Property information

Property:

Freehold