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Bull Whitwell

34, High Street, Whitwell, SG4 8AG

Pub Code: 2302390101

Key Features

  • Refurbishment Planned
  • Catering Kitchen
  • Large Garden
  • Carpark
  • Private Accommodation

Est Min Ingoing Costs: £44,558

Annual Rent: £34,447

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More Information

Major refurbishment planned

An extensive refurbishment at this beautiful pub in heart of a picturesque village in Hertfordshire, will include a complete redecoration and refurbishment to the indoor and outdoor trading spaces. We will add a new external courtyard with heating and lighting which will allow for use throughout the year and not just the summer months. This will be a premium pub for locals and those further afield to visit. 

Sensational location

The pub itself is located in Whitwell. The garden area backs onto a large field and shows off the beautiful rolling countryside that surrounds the Bull. The pub is also popular with walking groups due to its prime location. The pub benefits from affluent demographics and there are no competitor pubs within a 10-minute drive away.

Bags of potential

Having no direct competition, an excellent range of premium food and drinks, complete refurbishment and a stunning setting all gives the pub untapped potential to be a successful business. The Bull will give people a reason to stay local rather than going into town. The garden with its newly added courtyard will also be a key trade driver and it will boast almost 150 covers inside and out.

Target customers:

Once refurbished, the Bull will appeal to:

A wide range of consumers, including local people and visitors

Customers looking for a place to visit before, during or after a countryside walk

Offer:

Quality pub food will be a cornerstone of the offering, and this will be supported by premium drinks options including lagers, wines, ciders and spirits.

A coffee offer will increase daytime trade
Quiz and theme nights throughout the week
Village community events hosted in the pubs outdoor areas will be another key part of the pubs offer.

 

  • Car Park

  • Outdoor Trade

  • Private Accommodation

  • Refurbishment Planned

  • Investment Tenancy

Trading Area & Facilities

A 2 bar operation with a small private dining room as well. There are some fire places which add to the atmosphere.

A good standard of kitchen servicing 40 covers

Great Garden space alongside a carpark with room for twenty cars.

For further details please see the Refurbishment details.

Scheduled Works

Full internal redecoration in accordance with designer’s drawings

Bar alterations/replacement in accordance with designer’s drawings

Replacement floor coverings in accordance with designer’s drawings

Works in accordance with Spend to Let survey

No works to trade kitchen

Provision of bric-a-brac and F&F in accordance with designer’s drawings

Full external redecoration

New signage scheme as per approved signage proposal

Create bin store and undertake garden enhancements in

accordance with designer’s drawings

Works in accordance with Spend to Let survey

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

There is 2 bedrooms, lounge, kitchen and bathroom in the private accommodation 

Premises Licence Details

See Premises Licence for details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
23:00
11:00 -
23:00
11:00 -
23:00
11:00 -
00:00
11:00 -
00:00
11:00 -
00:00
12:00 -
23:30

Annual Rent £
34,447
Estimated Tenants Annual Operating Profit £
38,696
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
383,662
Estimated Annual Barrelage
167
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
25,340
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
8,612
Rent in Advance £
662
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
44,558
Estimated Minimum Ingoing Costs £
44,558
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
1,168
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
3120
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
** 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

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