Blue Lion Gt Baddow

Tabors Hill, Chelmsford, CM2 7BT

  • Blue Lion Gt Baddow
  • Blue Lion Gt Baddow
  • Blue Lion Gt Baddow
  • Blue Lion Gt Baddow
  • Blue Lion Gt Baddow
  • Blue Lion Gt Baddow

Blue Lion Gt Baddow

Rare Opportunity
This stunning refurbished traditional community pub is in a great location. Situated in the large village of Great Baddow near Chelmsford. Its prominent position attracts young families, young professionals and more mature with disposable incomes.
This pub has benefited from a quality refurbishment and has recently started serving a little food, There is a massive opportunity to grow this area by offering a good quality menu and build on a well established drinks trade.

Passionate Operator wanted
Do you have previous pub management experience and good catering skills? Can you really become the heart of the community?
If you are passionate and are driven to make the Blue Lion a success we want to hear from you now!

BDM's Vision
The Blue Lion has massive opportunity to become the go-to pub for the community. Development of the large beer garden, along with introduction of a Great classic pub food offer . An appealing events calendar is essential.


Pub Features

  • Rolling Tenancy
  • Function Room
  • Music Venue
  • Car Parking
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Pub Games
  • Cask Ale

Trading Area & Facilities

The Blue Lion is a simple one main bar operation with kitchen area close by. There is separate space for pub games and live sports. The recent investment means the interior decor is fresh, attractive and well maintained whilst maintaining features such as wooden beams, open fire places and a lovely bay window. The kitchen can accommodate circa 35 covers. The pub is large enough to host live music and events and a full entertainment schedule is integral to the Blue Lion. There is a massive opportunity to utilise the outside room for events functions and possibly a space for local groups and sports clubs to frequent.

The pub has a large pleasant beer garden , this would benefit from some TLC to make it even more appealing and increasing the covers that can be catered for in the summer months. There are 8 parking spaces making the pub easily accessible.

Private Accommodation

The private accommodation consists of four bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:00

Financials

Annual Rent £
20,000
Estimated Annual FMOP (Licensee Profit) £
25,387
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
276,543
Estimated Annual Barrelage
149

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
15,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
5,000
Rent In Advance £
1,667
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
28,862
Estimated Minimum Ingoing Costs £
11,862

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased