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Bull Whitwell

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Bull Whitwell

34, High Street, Whitwell, SG4 8AG Pub Code: 2302390101

Pub Code: 2302390101

Foundation Tenancy

Est. Annual Turnover: £418,269

Annual Rent: £29,967

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Stunning Village pub in the heart of Hertfordshire

What would you do with this pub to make it even more of a success?

The area

The Bull is located in the Village of Whitwell, Between St Albans and Hitchin. The pub is surrounded by residential housing.

Demographics

The pub benefits from being one of the only  pubs found in an area of around 1034 adults. The medium affluent customer base is made up of young professionals and families.

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 proposition to service the local community. A strong food offering will drive trade which in turn needs to be complimented by the right drinks offer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via engaging with the local community delivering live entertainment. The Bull needs to offer a pub classic menu, popular beers, ciders, wines and spirits, and cask ales.

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 pub will have extensive experience in a similar hospitality business. 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 pub’s next chapter…

  • Car Park

  • Outdoor Trade

  • Private Accommodation

  • Cask Ale

  • Foundation Tenancy

  • Catering Kitchen

Trading Area & Facilities

  • Main trading area with bar
  • 54 internal covers
  • 60 external covers
  • Dining room
  • Snug area
  • Car park with
  • Catering kitchen
  • HEINEKEN SmartDispense

Private Accommodation

Private accommodation consists of 2 bedrooms, a living room, kitchen, bathroom, office

Pub Financials Icon

With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.


Indicative entry costs range from**:

£11,997 - £41,577

Annual
Estimated Annual Turnover
£418,269
Annual Rent
£29,967
Entry Costs
Deposit
**Deposit build up from 1 month rent
£7,492**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£24,585**
Stock Valuation
£6,000
Working Capital Required
£3,500
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 Β£10,000 un-borrowed funds.

Location:

34, High Street, Whitwell, SG4 8AG

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