Eagle Amersham

145 High Street, Amersham, HP7 0DY

  • Eagle Amersham
  • Eagle Amersham
  • Eagle Amersham
  • Eagle Amersham
  • Eagle Amersham
  • Eagle Amersham
  • Eagle Amersham

Eagle Amersham

The Eagle is an attractive listed building with a prominent high street location in Amersham close to the museum.

Extensive Refurbishment is Planned - An exciting £280k investment of this listed pub will restore and transform The Eagle, with high-quality but traditional finishes. A new extension to the rear will maximise the garden space, improving the flow through the pub and increasing capacity. Two reinstated fire places will create a cosy atmosphere in the colder months. At the front of the property, the new standout glass fronted cold cellar, is a unique design feature that reinforces The Eagle's passion for craft beer and real ale. In addition, a brand-new commercial kitchen will be installed to enable a simple, yet delicious food offering that will complement the new drinks menu. Demographics - Located in the heart of Amersham, over 5,500 adults live within a one-mile radius of The Eagle, 77% of whom have above average incomes. This provides a fantastic opportunity to run a premium traditional pub, offering cask ales, specialty gins and high-quality simple pub food. Additional research also indicates a high-propensity of 30-60 year olds, making up 44% of the local population.

Pub Features

  • Car Parking
  • Refurbishment Planned
  • Catering Kitchen
  • Long-Term FRI Lease
  • Outdoor Trade
  • Private Accommodation

Trading Area & Facilities

Post-refurbishment, The Eagle will be a traditional and stylish community pub with a premium finish. The pub will offer:
"•; A traditional bar, with a relaxed ambience and high-end finish.
"•; A great drinks selection, including premium wines and spirits, craft beers and cask ales - all served to the highest standards, suitable for an affluent and discerning customer base.
"•; A mouth-watering menu of British classics, sharing platters and the best Sunday Roast in town.
"•; A refreshed beer garden, perfect for events and an extended summer drinks menu during the warmer months.
"•; The go-to-place for all drinking occasions

Private Accommodation

The private accommodation consists of 3 bedrooms, lounge, kitchen and bathroom, where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
- - - - - - -

Financials

Annual Rent £
67,250
Estimated Annual FMOP (Licensee Profit) £
67,302
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
301,134
Estimated Annual Barrelage
250

“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 £
86,731
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
16,813
Rent In Advance £
1,293
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
115,032
Estimated Minimum Ingoing Costs £
115,032

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 £
1,387
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