Jubilee Adeyfield
The Queens Square, Hemel Hempstead, HP2 4EWAgreement Type: Foundation Tenancy
View for Jubilee Adeyfield detailsBelswains Lane, Hemel Hempstead, HP3 9XB
Pub Code: 2302044101
Est Min Ingoing Costs: £35,784
Annual Rent: £26,435
Major refurbishment to beautiful pub just outside the town centre.
The area
Situated on a vibrant main road just outside the town centre, this pub in Hemel Hempstead presents a compelling investment prospect. Enveloped by thriving residential areas and in close proximity to significant landmarks, this local caters to a diverse demographic, ranging from high to medium affluence bands.
A substantial community of 12,000 residents resides within a convenient 20-minute walking distance, setting the stage for a lucrative venture. Investment tenancy
The offer
Drinks - The Three Tuns will offer a full range of drinks that will include beer, wine, spirits and soft drinks.
Food - Savour the essence of pub dining with a Great Pub Classics menu, marrying tradition with innovation for a satisfying culinary experience.
Coffee - Discover the warmth in every cup with a straightforward coffee selection, tailored for those who appreciate a simple yet satisfying brew.
Events - Dynamic weekly entertainment schedule, featuring local talents, and a comprehensive sports package.
The Three Tuns is available on our Investment agreement. Click here for more information on this agreement.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Three Tuns will have extensive experience in community led hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their 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 pubs next chapter…
The Three Tuns will be undergoing a refurbishment which will cover the interior and the exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.
Annual Rent | £ 26,435 |
Estimated Annual Turnover | £ 341,368 |
Deposit | £ 6,609 |
Estimated Fixtures & Fittings Value | £ 20,675 |
Estimated Stock Valuation | £ 5,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 35,784 |
Estimated Minimum Ingoing Costs | £ 35,784 |
Belswains Lane, Hemel Hempstead, HP3 9XB
Agreement Type: Foundation Tenancy
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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