Jolly Friar Basildon

Whitmore Way, Basildon SS14 3JT

  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon
  • Jolly Friar Basildon

Jolly Friar Basildon

Fantastic Opportunity Awaits

Located in Basildon in a busy residential area, The Jolly Friar has a good catchment area made up of families and mature couples providing a great opportunity for the right operator to attract locals and improve the already established trade. With pool tables and a darts board, the Jolly Friar is a great pub for the community to come together for a bite to eat and enjoy live sports in a traditional pub setting. This exciting opportunity offers excellent features such as a large function suit, catering for all occasions and an outside patio area.

Friendly, Community Orientated Operator Needed!

Do you have the ability to immerse yourself into the community with a fantastic offer focusing on pub teams, functions and good food? Then this is the site for you! The ideal operator has previous experience running a community pub and the drive to grow on the existing food offer.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Cask Ale
  • Weekly Billing

Trading Area & Facilities

Internally, the Jolly Friar offers three tradings areas, pool tables and a darts board as well as a wide range of good quality beers, lagers and ciders. The three trading areas are combined of a main trading area, a lounge and a sports area. This site has a fully equipped catering kitchen that can cater for up to 50 covers.

Externally, the pub benefits from a beer garden that works as an additional trading space and has the opportunity to be extremely popular during sunny summer months. There is also a car park.

Private Accommodation

The private accommodation at the Jolly Friar consists of four bedrooms, 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

See premise license for full details.

Premises Licence Opening Hours

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

Financials

Annual Rent £
38,250
Estimated Annual FMOP (Licensee Profit) £
52,295
Representative HEINEKEN UK Brand Discount Per Barrel £
85
Estimated Annual Turnover £
525,557
Estimated Annual Barrelage
372

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).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
4,545
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
9,563
Rent In Advance £
736
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
350
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
23,209
Estimated Minimum Ingoing Costs £
14,741

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 £
1,316
Estimated Annual Maintenance Compliance Charge £
709
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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