Thekaa Watford
151 The Parade, Watford, WD17 1NAAgreement Type: Foundation Tenancy
View for Thekaa Watford detailsHigh Street, Borehamwood, WD6 3EU
Pub Code: 2300258101
Est Min Ingoing Costs: £62,815
Annual Rent: £85,261
Picturesque location
The Plough is located Elstree, situated on busy crossroads near open park areas and lakes. It is also close to the train station, Borehamwood town centre and the local business park with over 50 permanent business. The demographics show only one competitor pub, over a ten-minute walk time away.
The offer
The Plough is available on our FRI Agreement agreement. Click here for more information on this agreement.
When refurbished, The Plough will offer:
A full range of draught lagers, both premium and favourite, as well as great wines, spirits, zero and low alcohol and mineral options.
Quality assorted menu including specials and pub classics.
Coffees to increase day trade
Entertainment throughout the week and weekends such as wine and gin tastings, food special nights and solo artist live entertainment.
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 Plough will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy 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 Plough will be undergoing a refurbishment which will cover the interior and 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, kitchen and bathroom Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Annual Rent | £ 85,261 |
Estimated Annual Turnover | £ 959,173 |
Deposit | £ 21,315 |
Estimated Fixtures & Fittings Value | £ 30,000 |
Estimated Stock Valuation | £ 8,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 62,815 |
Estimated Minimum Ingoing Costs | £ 62,815 |
High Street, Borehamwood, WD6 3EU
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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