Duke Of Sussex Peckham

77 Friary Road, Peckham, London, SE15 1QS

  • Duke Of Sussex Peckham
  • Duke Of Sussex Peckham
  • Duke Of Sussex Peckham
  • Duke Of Sussex Peckham
  • Duke Of Sussex Peckham
  • Duke Of Sussex Peckham

Duke Of Sussex Peckham

Great Location

Situated in the south-east London district of Peckham, The Duke of Sussex benefits from a large and truly diverse customer base. With more than 74,000 adults living within one mile of the pub, this is a fantastic and unmissable opportunity to run a great pub within a densely populated and developing suburban area.

The Duke of Sussex trades as a traditional pub and is well known for its sports viewing, great quality beer and cask ales. There may be scope for investment, the details of which are currently being worked up.

Customer Focused Operator Wanted

We're looking to work in partnership with a community-focused operator who has experience running a similar style operation. If you feel you have the skills, passion, and determination to drive this business forward then we would love to hear from you.

Pub Features

  • Rolling Tenancy
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Cask Ale
  • Weekly Billing

Trading Area & Facilities

Currently, there is a domestic kitchen and may be scope for a new commercial kitchen to be installed on the first floor.

Externally, there are a few tables to the side of the pub for customers to enjoy a fresh pint on the sunnier months.

Private Accommodation

The private accommodation at The Duke of Sussex consists of five bedrooms, a kitchen and living room area and a bathroom. In line with our 'Ready To Trade Promise', should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting the business right.

Premises Licence Details

See premise license 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 - 01:30 11:00 - 01:30 10:30 - 01:30

Financials

Annual Rent £
22,500
Estimated Annual FMOP (Licensee Profit) £
24,223
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
253,171
Estimated Annual Barrelage
165

“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 £
8,410
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
5,625
Rent In Advance £
433
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 £
21,553
Estimated Minimum Ingoing Costs £
21,553

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 £
1,293
Estimated Annual Maintenance Compliance Charge £
1,400
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