The Cedars, Main Street Evington, Leicester, LE5 6DN
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Tenure
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Parking
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- Primary use
- Pub
Key features
- Suburban Location
- Barrelage - 326 BB PA
- EBITDA £158,310 | Turnover £1.078m
- c. 1 acre plot with large beer garden
- Trade Split 52:48 Food
- Over 2000 houses within 1 km
- Christie & Co Ref: 5752408
Description
The Cedars is a large and prominently located public house in the heart of Evington.
This was once the grand home of writer, Edward Phillips Oppenheim, circa 1896 to 1905. It did not become a pub until shortly before World War II, circa 1938.
Internally, there are two main serving areas, with a formal restaurant area alongside a lounge bar with relaxed seating, TVs, and a games area.
The pub serves a range of British Pub classics and international dishes, with a strong level of wet sales.
The pub was built in the 1830s in classical style by two local architects, with renowned novelist E Phillips
Oppenheim having resided there, before becoming a hotel in 1937 where the side wings were constructed, which is now used as the restaurant.
The Cedars is in the suburb town of Evington, east of Leicester City Centre. Originally an historic village.
Over time, the village has grown to a large ward with a population of over 17,000 according to the 2021 census.
The pub is located on the Main Street of the historic village, and benefits from over 2,000 households within 1km of the property and is close to Evington Park, Evington Chapel, and other local amenities.
The pub boasts a significant trading space, with over 6000 SqFt on the Ground Floor.
The pub offers flexibility in operating with two very distinct sections of the pub.
The main frontage contains the traditional pub element, with main bar servery and a large open room, with casual seating to suit drinking. This includes a mixture of bar stools, arm chairs dotted around a pool table and the main bar.
The rear of the pub contains the restaurant section of the pub, with four dining areas and a second bar servery, that allow for functions & events.
Additional ancillary space include the commercial kitchen, cellar, storage, customer WCs and staff facilities.
Fixtures and Fittings are included with the sale.
External DetailsThe property is positioned on a near 1 acre plot. The frontage of the building has a small amount of parking, with the rear of the plot providing the bulk of car parking.
The building surrounds an enclosed landscaped beer garden, with patio, pergola and lawned area, surrounded by a mature tree line.
A two bedroom managers flat with reception room, kitchen, two bedrooms and an office is located on the 1st floor
The OpportunityThe Cedars has a great reputation and strong history with wet sales. The pub has a flexible layout and a stunning external aesthetic, with delightful private sunken beer garden to the rear.
The pubs two main rooms allow for varied trading opportunities, as well as events and functions in the heart of a dense residential community.
A staff list can be made available to buyers. The pub is operated as a managed house as part of a small group of pubs.
Trading InformationTurnover - May 2026 - £1,066,198
52% food
48% wet and machines
EBITDA - £158,310.24 August 2025
Monday - Saturday: 11:30am - 11pm
Sunday: 12 - 10:30pm
Freehold
Business RatesCurrent rateable value (1 April 2026 to present) - £74,500
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- Listed building
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- Business for sale
- Yes
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Brochure
The Cedars, Main Street Evington, Leicester, LE5 6DN
About Christie Owen & Davies Ltd, Pubs & Restaurants
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.
Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.
Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.
Our professional services
We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.
What makes us tick
Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.
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Disclaimer - Property reference 5752408-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie Owen & Davies Ltd, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.