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Run a star pub - spread eagle southend on sea - southend on sea

Southend-on-Sea
Spread Eagle
Posted: 27 October
Offer description

Run a Star Pub - Spread Eagle Southend On Sea - Southend On Sea

Star Pubs Leased & Tenancy.
CLOSING SOON


Pub Overview

The pub is one of 7 pubs found in an area of around 7,560 adults. The customer base is made up of a range of customers of mainly medium affluence. The pub is located just outside the town centre, next door to Southend Football Club.


The offer

The Spread Eagle is available on our investment tenancy agreement. A full refurbishment inside and out, including a newly designed external courtyard, will transform the Spread Eagle into a high‑quality community wet‑led pub. The offer will include a range of drinks including beers, ciders, wines and spirits as well as low and no‑alcohol options. It will have a coffee offer and simple bar snacks to complement the drinks selection.

We would expect the new operator to maintain a strong community focus, introducing a lively calendar of events including live sports, quizzes, pool and darts. Its welcoming, social atmosphere will make it ideal for locals looking to meet friends.


We're always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.

* Understanding of the local community
* You know what it takes to build a successful business
* You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you've been waiting for, apply today and tell us what you can bring to this pub's next chapter.


Features

* Outdoor Trade
* Private Accommodation
* Pub Games
* Refurbishment Planned
* Investment Tenancy


Trading Area & Facilities

The Spread Eagle 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 pub's trading area and facilities post refurbishment will be:

* Main trading area with bar
* 68 internal covers
* 58 external covers
* Function room
* SmartDispense
* Extensive courtyard garden


Private Accommodation

Private accommodation consists of 3 bedrooms.


Pub Financials

* Estimated Total Ingoing Costs: £30,476
* Estimated Minimum Ingoing Costs: £30,476
* Annual Rent: £23,902
* Estimated Annual Turnover: £379,117
* Deposit: £5,976
* Estimated Fixtures & Fittings Value: £16,000
* Estimated Stock Valuation: £5,000
* 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.


Downloads

* Demographics Report
* Energy Performance Certificate
* Refurbishment Details
#J-18808-Ljbffr

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