
A tenant is being sought to run a community-owned pub.
Refurbishment work is underway at the Travellers Rest in Skeeby and the group which has bought the property for the community is now seeking a tenant to run the business.
Owners Skeeby Community Pub Society say the pub is due to reopen later this year.
A spokesperson added: “The Travellers Rest closed in the summer of 2008, however after a long battle with the previous owner the pub is now under the ownership of the community and is undergoing a full refurbishment.
“The new bar and lounge areas are being constructed and fitted out with stylish new equipment. New toilets, cellar etc will also be provided, along with a well-equipped kitchen.
“The pub also benefits from a large garden giving great scope for al fresco dining or just a great space for a drink with friends as well as to host pub sports such as quoits, a garden room at first floor also takes advantage of this.
“The tenant’s first floor, two-bedroom accommodation will also be fully refurbished.”
The society claims the pub will be “far more than an ordinary village pub”.
“It will once again be the centre of village life and could host such amenities as a village library and selling local produce.
“It the intention of the Skeeby Community Pub Society (SCPS) that the new landlord will work closely with, and in support of other local businesses and community facilities in the area, in particular the village hall and parish council.”
SCPS says the appointed tenant will enter into a free of tie lease agreement with SCPS.
The lease will be for five years, and then renewable after that on agreeable terms.
The SCPS forecast that the business can achieve a fair maintainable trade of around £180,000 per annum once open and established as a thriving pub, selling local ales and good quality food, using local suppliers wherever possible.
The proposed rent is set at an initial £15,000 per annum, which will increase annually to a maximum of 10% of sales or £18,000 whichever is the greater after four years.
The SCPS board will also require the tenant to provide a bond prior to taking up the tenancy.
As part of the appointment process the tenant will be required to provide a business plan.
This will form the basis of an agreement with the board of the SCPS and performance against this plan will be reviewed at quarterly meetings between the tenant and representatives of the board.
For more information, visit www.thetravellersrestskeeby.co.uk