Crown Inn Dunstable

9 High St, LU6 1HX

  • The Crown Dunstable
  • The Crown Dunstable
  • The Crown Dunstable
  • The Crown Dunstable
  • The Crown Dunstable
  • The Crown Dunstable
  • The Crown Dunstable

Crown Inn Dunstable

Major Refurbishment Planned - An exciting refurbishment will transform The Crown into the coolest venue in Dunstable. The pub will be transformed into a stylish and contemporary venue, with a cool coffee house vibe during the day, and will transition in the evening into a high-energy party venue. The new decor is very trendy and the rooftop garden will be upgraded to become the best place to hang out, perfect for those Instagramable moments.

Great Location - The Crown is located in a prominent location on the high street of Dunstable. The pub's central location and close proximity to other shops and amenities ensures high levels of passing footfall, generating an excellent opportunity for success. The pub will also benefit from its position within a densely populated area, with 22,420 adults living within one mile. The major refurbishment and improved offering will ensure the pub attracts this large and lucrative customer base.

Pub Features

  • Music Venue
  • Refurbishment Planned
  • Catering Kitchen
  • Long-Term FRI Lease
  • Private Accommodation
  • Smoking Area
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Post-refurbishment, The Crown will be a stand-out and contemporary venue with an alternative, industrial-style vibe where customers will love to spend their time. The pub will cater for 75+ covers and will have the following

  1. A cool coffee house vibe during the day, with space to charge your laptop, do some work, or hang out with friends.
  2. A trendy, high-energy bar at night, with stylish decoration and a buzzing atmosphere.
  3. A fantastic range of drinks, including craft beers and cocktails.
  4. A delicious deli-style food menu including, snacks such as paninis, sharing boards, cakes, and coffee.
  5. A beautiful rooftop garden, perfect for Instagram moments

Private Accommodation

The private accommodation on the second floor contains a domestic kitchenette, lounge, bedroom and bathroom. It will be decorated in line with our 'Ready to Trade' promise, so you can focus on creating an exceptional venue from the outset.

Premises Licence Details

Please refer to premises license for full details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
12:00 - 00:00 12:00 - 00:00 12:00 - 00:00 12:00 - 00:00 12:00 - 00:00 12:00 - 00:00 12:00 - 00:00

Financials

Annual Rent £
43,250
Estimated Annual FMOP (Licensee Profit) £
45,979
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
518,415
Estimated Annual Barrelage
225

“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 £
40,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
10,813
Rent In Advance £
3,604
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 £
61,727
Estimated Minimum Ingoing Costs £
54,518

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 £
TBC
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