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Old Bulls Head Ware

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Old Bulls Head Ware

26, 26 Baldock Street,, Ware, SG12 9DZ Pub Code: 0020497101

Pub Code: 0020497101

Foundation Tenancy

Est. Annual Turnover: £596,776

Annual Rent: £42,000

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Well-established high street pub in Ware. What would you do with this pub to make it even more of a success?

The Area

The Old Bulls Head is located in Ware, Hertfordshire, close to the town centre, supermarkets and local businesses. The pub is surrounded by a mix of residential housing, with both small and large business hubs nearby.

Demographics

The pub is one of 30 pubs in an area with around 5,748 adults. The Old Bulls Head's customer base is predominantly made up of young, highly affluent adults.

The Offer

The Old Bulls Head is available on our Foundation Tenancy agreement. Click here for more information on this agreement.

The potential of this pub lies in developing a strong wet-led offer. What weekly programme of activities would you introduce to drive success at the Old Bulls Head?

The pub has the potential to drive trade through community events, live entertainment and live sport. It offers a selection of popular beers, ciders, wines, spirits, coffees and cask ales.

We're always open to new ideas. What would you do to drive trade?

If you have experience running or owning a pub business, we'd love to hear what you can bring.

The right operator for the Old Bulls Head will have extensive experience in a similar pub or hospitality business. They will have a clear vision for their drinks range, marketing strategy and entertainment offer, with the ability to create memorable experiences 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...

  • Foundation Tenancy

  • Music Venue

  • Outdoor Trade

  • Private Accommodation

  • Pub Games

Trading Area & Facilities

  • Main trading area with bar
  • 32 internal covers
  • 80 external covers
  • Large beer garden
  • Car park with five spaces

Private Accommodation

The private accommodation consists of three bedrooms, a living room, a kitchen, a bathroom and an 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**:

£12,000 - £25,880

Annual
Estimated Annual Turnover
£596,776
Annual Rent
£42,000
Entry Costs
Deposit
**Deposit build up from 1 month rent
£10,500**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£6,880**
Stock Valuation
£5,000
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:

26, 26 Baldock Street,, Ware, SG12 9DZ

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