Everards Brewery is planning to convert The Horseshoe pub in Braunston Road, Oakham, into a convenience store.
The firm says the pub is “no longer viable” because of falling trade in recent years.
A spokesman said the plans would create up to 25 jobs.
The company is in the process of notifying people living nearby of its proposals and says it will make a planning application in the next few weeks.
Would you be sad to see the pub close? Would the convenience store be a helpful addition to the town? E-mail firstname.lastname@example.org to share your views.