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Pub tenancy - barnet

Barnet
€23,500 a year
Posted: 1 January
Offer description

Pub Tenancy - Barnet Key Notes - Busy high street location, Courtyard garden and games room, strong wet history. The Kings Head is a well presented wet led pub with a small courtyard garden to the rear with a darts room. There is a small trade kitchen to enable a small plates menu alongside pizzas, wings, burgers etc. Situated on the bustling Barnet high street footfall is very high with a total of 4,873 adults within a 10 minute walk and 23,613 within a 1 mile radius. The site has a great wet and machine income history whilst showing sports, live music and karaoke. We are looking for a tenant to activate a strong rhythm of the week increasing weekly trade on top of solid weekend figures. Internally you have a mix of fixed seating, traditional d cor and a good amount of floor space for vertical drinking. The Details Agreement Type - 5 Year Tenancy Annual Rent - 23,500 Deposit - 5,875 Barrelage - 128 BBrls Tie - All beer and cider Estimated Annual Net Turnover - 301,145 (16.1% food) Estimated Fixtures & Fittings - 10,000 (option to be rented) Advance Rent - 1958.33 Net (plus insurance) Working Capital Inc Stock - 6,000 Estimated Total Ingoing Costs - 24,000 Estimated Minimum Ingoing Costs - 8,000

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