Pub Overview
Picturesque location - the Plough is located Elstree, situated on busy crossroads near open park areas and lakes. It is also close to the train station, Borehamwood town centre and the local business park with over 50 permanent businesses. The demographics show only one competitor pub, over a ten-minute walk time away.
The Offer:
The Plough is available on our FRI Agreement agreement. When refurbished, The Plough will offer:
* A full range of draught lagers, both premium and favourite, as well as great wines, spirits, zero and low alcohol and mineral options.
* Quality assorted menu including specials and pub classics.
* Coffees to increase day trade.
* Entertainment throughout the week and weekends such as wine and gin tastings, food special nights and solo artist live entertainment.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the Plough will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable experience for their customers.
Features
* LongTerm FRI Lease
* Smoking Area
* Car Park
* Outdoor Trade
* Refurbishment Planned
* Monthly Billing
* Private Accommodation
Trading Area & Facilities
The Plough will be undergoing a refurbishment which will cover the interior and exterior of the pub. The pubs trading area and facilities post refurbishment will be:
* Split trading area
* Lounge and covered pergola
* 90 internal covers
* 142 external covers
* Catering kitchen
* Large outdoor space
* HEINEKEN SmartDispense
Private Accommodation
Private accommodation consists of three bedrooms, kitchen and bathroom.
Pub Financials
Estimated Total Ingoing Costs: £62,815
Estimated Minimum Ingoing Costs: £62,815
Annual Rent: £85,261
Estimated Annual Turnover: £959,173
Deposit: £21,315
Estimated Fixtures & Fittings Value: £30,000
Estimated Stock Valuation: £8,000
Estimated Working Capital: £3,500
Downloads
* Demographics Report
* Energy Performance Certificate
* Refurbishment Details
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