Jack Snipe Skegness
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Fox Inn Market Harborough
Fox Inn Market Harborough
30, North End, Market Harborough, LE16 8UJ Pub Code: 2300008101
Pub Code: 2300008101
Foundation TenancyEst Min Ingoing Costs: £43,724
Annual Rent: £30,397
Exciting Lease Opportunity: The Fox Inn in Market Harborough with Upcoming Refurbishments!
Take advantage of this fantastic opportunity to lease The Fox Inn, a great destination pub in the charming village setting of Market Harborough.
What would you do with this pub to make it a success?
The area
The Fox, a historic pub in Hallaton, just 9 miles from Market Harborough, is set to undergo a full refurbishment to revitalise this cherished village spot. Hallaton, with its rich history and picturesque countryside, is known for its historic landmarks and unique local events like the annual Bottle Kicking. The Fox aims to become a vibrant community hub, drawing in both locals and visitors with its welcoming atmosphere.
The offer
The Fox Inn is available on our investment tenancy agreement. Click here for more information on this agreement.
The refurbishment will give The Fox a fresh look, inside and out, creating an inviting space for everyone - from couples and families to groups of friends. With a focus on quality food, a wide range of drinks, and events, The Fox has the potential to become a go-to destination in the area.
We’re always open to new ideas, what would you do to drive trade?
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 Fox Inn will ideally be someone familiar with the local community and experienced in traditional pub operation. They will have a clear vision for their food & drinks menu, introduce a good rhythm of the week, including live music, open mic nights, quizzes etc. helping make The Fox a standout spot known for its warmth, consistency, and community connection.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs’ next chapter…
Trading Area & Facilities
The Fox Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate lounge/dining area
- 60 internal covers
- 50 external covers
- Catering kitchen
- Smart Dispense
- Large beer garden with duck pond
- Car park with 20 spaces plus on-street spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, bathroom and office. There is no private kitchen in the accommodation.
Estimated Total Ingoing Costs
£43,724
Estimated Minimum Ingoing Costs
£43,724
Annual Rent
£30,397
Estimated Annual Turnover
£409,207
Deposit
£7,599
Estimated Fixtures & Fittings Value
£26,125
Estimated Stock Valuation
£6,500
Estimated Working Capital
£3,500
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.
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.
Location:
30, North End, Market Harborough, LE16 8UJ
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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