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Run a star pub - crown & anchor old woking - old woking

Woking
Star Pubs Leased & Tenancy
Posted: 16h ago
Offer description

Pub Overview

A beautiful English riverside pub that has a restaurant and letting rooms. What would you do to make it an even more of a success?

The area

The Crown & Anchor is a riverside pub that has rooms and a restaurant. The Crown & Anchor is minutes away from some of the best golf courses, theme parks & attractions in the country. The pub is surrounded by residential housing.

Old Woking is a thriving and much-loved suburb approximately 1.5 miles from Woking town centre. The Crown & Anchor is the only pub within a 20-minute walk.

Demographics

The pub benefits from being in an area of around 10,815 adults within a 20-minute walk of the pub. The medium to high affluent customer base is made up of young families and midlife people.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through 80 / 20 food & drink offer. What food would you look to implement in the pub?

The site currently can drive trade via community events, live entertainment, live sports. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and coffees.

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 pub will have extensive experience in a destination food outlet within a hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer that can create a memorable experience for their customers.

Features

* Car Park
* Catering Kitchen
* Foundation Tenancy
* Letting Rooms
* Outdoor Trade
* Private Accommodation

Trading Area & Facilities

* Main trading area with bar
* 54 internal covers
* 40 external covers
* Medium kitchen
* Large Beer garden
* Car park with 9 spaces
* 4 Letting rooms

Private Accommodation

Private accommodation available

Pub Financials

Estimated Total Ingoing Costs: £30,004

Estimated Minimum Ingoing Costs: £11,213

Annual Rent: £32,554

Estimated Annual Turnover: £445,289

Deposit: £8,139

Estimated Fixtures & Fittings Value: £13,365

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.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

Downloads

* Demographics Report
* Energy Performance Certificate
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