Chequers Ilford

2 High St, Barkingside, Ilford, IG6 2DD

  • Chequers Ilford
  • Chequers Ilford
  • Chequers Ilford
  • Chequers Ilford
  • Chequers Ilford

Chequers Ilford

Available NOW on a Just Add Talent Agreement.

This is a fabulous town centre opportunity! The Chequers is located in a fantastically enviable location being straddled by a bustling high street on one side and a major supermarket on the other. This results in heavy footfall day and night. The area is unquestionably one of the most densely populated in the country with a diverse mix of residents living in the local catchment. Currently very much a community wet pub and go to venue for great beer, great food and great entertainment in a relaxed, family friendly environment. This is a great all-rounder pub .

There is something for everyone. Be it a traditional British Breakfast or a great live band this pub will be a beacon for fun and quality for all. We expect this pub to generate £55,00 annual profit for the lessee*.

The operator we are looking for will be able to pitch their offer to multiple demographics at different times of the day and week. But above all, this ship is crying out for a captain that can share our vision of quality.

Pub Features

  • Music Venue
  • Refurbishment Planned
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Just Add Talent
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The size of this pub is what represents the real opportunity. The pub has a fortunate corner location which is an incredible shop window for the volumes of traffic and footfall to see the quality offer within. The outside has 70 covers. Perfect for a summer beer festival or BBQ. This also encompasses the smoking solution. In terms of the outlet's key features, there is an outside deck for the obligatory summer barbecue. A vast space, ripe for live music and sport.

Post-refurbishment, The Chequers will be a warm and welcoming pub with a stylish finish, where customers will love to spend their time. The pub will offer: A great selection of drinks and simple, delicious food menu serving a range of pub classics, offering great value for money. Boasting a range of entertainment including, live TV, pool and darts As well as an outdoor patio where customers can enjoy drinks on warm summer evenings.

Private Accommodation

The private accommodation consists of spacious three bedrooms, kitchen and bathroom. There will be appropriate refurbishment works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Premises Licence Details

See licence for full 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 12:00 - 00:00

Financials

Estimated Total Turnover £
527,611
Estimated Licensee Share (25% of Estimated Total Turnover) £
85,300
Less Estimated Wage Costs £
145,093
Estimated Pub Profit £
90,800
Estimated Licensee Share of Pub Profit (20% of Estimated Pub Profit) £
17,060
Estimated On Target Earnings (25% of Estimated Total Turnover less staff wages plus Estimated Licensee's share of Pub Profit) £
38,388

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).

The above figures and the rent model assume that the agreement includes an arrangement to share machine income. All of our pubs in England & Wales are available without a machine income share agreement and this can be negotiated as part of the commercial agreement.

* All figures quoted are exclusive of VAT

** FMOP = Fair Maintainable Operating Profit