Three Horseshoes Gt Parndon
Three Horseshoes Road, Harlow, CM19 4HBAgreement Type: Just Add Talent
View details for Three Horseshoes Gt ParndonRefurbishment Planned
Queens Head Wormley
66, High Road, Broxbourne, EN10 6JN
Pub Code: 2302419101
Key Features
- Foundation Tenancy
- External Refurbishment
- Extensive Beer Garden
- Large Car Park
- Catering Kitchen
- Private Accommodation
Est Min Ingoing Costs: £10,176
Annual Rent: £26,108
More Information
The area
The Queens Head is located in the village of Wormley, with direct routes into London City Centre. The pub is surrounded by mixed housing.
Demographics
The pub benefits from being one of 2 pubs found in an area of around 4,000 adults. The customer base is made up of families and older singles.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong food & drinks offer. What food & drinks would you look to implement in the pub?
It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and cask ales.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar
- 60 internal covers
- 6 external covers
- Catering kitchen
- SmartDispense
- Large garden
- Large car park
Private Accommodation
Private accommodation consists of 3 bedrooms, kitchen, a living room and bathroom.
| Annual Rent | £ 26,108 |
| Estimated Annual Turnover | £ 395,953 |
| Deposit | £ 6,527 |
| Estimated Fixtures & Fittings Value | £ 10,000 |
| Estimated Stock Valuation | £ 4,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 24,527 |
| Estimated Minimum Ingoing Costs | £ 10,176 |
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
66, High Road, Broxbourne, EN10 6JN
More properties in this region
Hedgehog Welwyn Garden City
Shoplands, Welwyn Garden City, AL8 7RHAgreement Type: Foundation Tenancy
View details for Hedgehog Welwyn Garden City
Marne Inn Bishops Stortford
Thorley Park Centre, Bishop's Stortford, CM23 4EGAgreement Type: Investment Tenancy
View details for Marne Inn Bishops StortfordTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
Pub Vacancy Alerts
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs. It’s free and puts you under no obligation.
Register
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download