Tree Mill End

166 Uxbridge Road, Rickmansworth, WD3 8BQ

  • Tree Mill End
  • Tree Mill End
  • Tree Mill End
  • Tree Mill End
  • Tree Mill End
  • Tree Mill End

Tree Mill End

Great Location - Located in a well populated and affluent area, with 4,500 adults living within half a mile, 1,500 adults per licence, and 64% of them earning above national average incomes, this site will benefit from a high footfall of customers looking for somewhere to enjoy a drink or delicious bite to eat. It will serve as the perfect location for after-work drinks and a catch up with friends.

A delightful restoration of this traditional pub, full of character and original features, will bring it back to its former glory. The trade area will be extended to provide additional space and covers, almost doubling the size of the lounge, whilst retaining the cosy bar area to allow customers to choose which area fits their mood. The installation of an attractive new porch will provide an internal link between the bar and the lounge. Once restored, The Rose & Crown will appeal to locals who live within walking distance of the pub, enticed in by the open fires, cask ales, traditional pub food and a gorgeous garden area in the warmer months

Pub Features

  • Refurbishment Planned
  • Long-Term FRI Lease
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Post-refurbishment, The Rose & Crown will be transformed into the 'go-to' pub where locals will love to spend their time, offering:

A traditional pub feel coupled with a restored interior and comfortable environment.
Distinct areas, including a bar area with open fires, TVs & darts, and a softer lounge area ideal for couples looking to enjoy a quiet drink or bite to eat.
A lovely outdoor patio that customers will flock to during the summer months.
A vast drinks range including craft beers and lagers, premium wines and spirits.
A delicious food offer focused on traditional pub grub, including pies.
High-quality daytime coffee offer.
Entertainment such as sports on TVs, dominos, darts, and quiz nights.

Private Accommodation

The private accommodation consists of two double bedrooms, large lounge, kitchen 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

Please refer to license for full details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 23:00 10:00 - 23:00 10:00 - 23:00 10:00 - 23:00 10:00 - 23:00 10:00 - 23:00 12:00 - 22:30

Financials

Annual Rent £
47,500
Estimated Annual FMOP (Licensee Profit) £
49,175
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
495,089
Estimated Annual Barrelage
239

“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 £
38,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
11,875
Rent In Advance £
3,958
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 £
64,143
Estimated Minimum Ingoing Costs £
64,143

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 £
1,406
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