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Pub tenancy - waltham cross

Waltham Cross
€21,000 a year
Posted: 15h ago
Offer description

Pub Tenancy - Waltham Cross Key Features Busy High Street Location Opposite Overground Station Strong wet history The Wheatsheaf is a vibrant, well-located property, situated on the high street of Waltham Cross and opposite 'Theobald's Grove' overground station which is 5 stops to White Hart Lane. This site is renowned for it's live sports and entertainment at weekends creating a fantastic atmosphere for a wet led business. We are looking for a tenant to drive an inventive and consistent 'Rhythm of the Week', attracting commuters and increasing footfall throughout the quieter days to maximise the trading opportunity. There are 2,611 adults within a 10-minute walk and 8,625 within a half a mile to attract. There is a small trade kitchen to enable a small plate, pizza style menu offering fryer options during the well-attended sports events. The Details Agreement Type - 5 Year Tenancy Annual Rent - 21,000 Deposit - 5,250 Barrelage - 124 BBrls Tie - All beer and cider Estimated Annual Net Turnover - 292,749 (16.6% food) Estimated Fixtures & Fittings - 10,000 (option to be rented) Advance Rent - 1,750 Net (plus insurance) Working Capital Inc Stock - 5,500 Estimated Total Ingoing Costs - 23,000 Estimated Minimum Ingoing Costs - 7,500

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