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Pub tenancy

Rickmansworth
McMullen & Sons
£44,000 - £63,300 a year
Posted: 7 October
Offer description

Annual Rent £44,000

Key Features

* Great wet and dry trade
* Large car park,patio and garden
* Great location
* 2 bed flat living accommodation

The Stag is a well presented,dual trade style pub with a history of strong performance. Renowned for its homecooked food and balanced wet trade it is a fantastic opportunity for an experienced food operator to take the site to the next level. In a prime location just of the M25,not too far from the Chiltern Hills the pub and opposite the local school,meaning it has a real split demographic of locals,walkers,commuters and destination foodies. The internal drinking and dining areas are split into 2 zones that equate to 90 internal covers but,alongside this,externally there is a generous garden with patio area seating another 120 covers including a small stretch tent. The expected turnover sits just over £11,000 per week on average but with has an opportunity for increased wet and day trade growth. We are looking for a pub partner that is capable of handling busy weekend dining trade,turning the tables over efficiently whilst offering the community a great comfortable place to drink multiple times a week through events and a strong rhythm of the week.

The Details

Agreement Type – 5 Year Tenancy

Annual Rent - £44,000

Deposit - £11,000

Barrelage – 150 BBrls

Tie – All beer and cider

Estimated Annual Net Turnover - £611,345 (43% food)

Estimated Fixtures & Fittings - £20,000 (option to be rented)

Advance Rent - £3,666.67 Net (plus insurance)

Working Capital Inc Stock - £8,000

Estimated Total Ingoing Costs - £43,000

Estimated Minimum Ingoing Costs - £15,000

The Application

If you would like further information or you are interested in applying for this pub,please send through your CV including a covering letter and copy of ID to

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