Old Hall Tavern Chingford

Hall Lane, Chingford E4 8EY

Under Offer
  • Old Hall Tavern Chingford
  • Old Hall Tavern Chingford
  • Old Hall Tavern Chingford
  • Old Hall Tavern Chingford

Old Hall Tavern Chingford

Fantastic Opportunity

Subject of a Transformational Refurbishment, The Old Hall is a fantastic pub located in a prominent position in Chingford. With more than 20,000 adults from a range of demographic backgrounds living within one mile of the pub, there is a great opportunity for the Old Hall Tavern to generate significant levels of trade. It offers excellent facilities including a large trading area, car park, private function room, accommodation for the operator and now the addition of a brand-new beer garden. This attracts families, young professionals and retired alike.

This pub has all the right ingredients of a fantastic local pub, capable of generating high income.

Hospitality Heros Wanted!


Do you have previous business management experience and catering skills? With your expertise, drive, passion and commitment, sales will be maximised. While some trade experience may be beneficial, business management skills are essential.

Rewards of our 'Just Add Talent' agreement

The ingoing costs are much lower on this agreement than a standard lease at £4,000, while the level of support from Star Pubs & Bars is high. Your reward for your hard work and dedication will be uncapped earnings through our shared profit & turnover scheme, being your own boss and running your own business.

Pub Features

  • Function Room
  • Music Venue
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Cask Ale

Trading Area & Facilities

Internally, the bar area, lounge and function room will be fully redecorated in a new contemporary colour scheme giving a warm welcoming atmosphere. New feature furniture will also be added to improve presentation of the pub overall. New French doors leading from the bar to function room, which will be opened when the function room is not in use, opening up the layout, improving flow and allowing for greater usage of this area at busy times.

To the rear of the pub a brand-new courtyard garden area will be created, making the most of the space available and providing a fantastic area for customers to enjoy a drink with friends. New lighting, reclaimed timber picnic benches and furniture will be added as well as decorative lighting to create a cosy atmosphere.

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Private Accommodation

The private accommodation at The Old Hall Tavern consists of three to four bedrooms, a kitchen, living room 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

Please refer to the Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
- - - - - - -

Financials

Annual Rent £
Estimated Annual FMOP (Licensee Profit) £
Representative HEINEKEN UK Brand Discount Per Barrel £
Estimated Annual Turnover £
Estimated Annual Barrelage
TBC

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 £
Estimated Fixtures & Fittings Valuation Fee £
Estimated Stock Valuation £
Deposit Amount £
Rent In Advance £
Training Fee £
Estimated Designated Premises Supervisor / Manager Fee £
Premises Licence Fee £
Rates Assessment Fee £
Estimated Legal Fees £
Estimated Total Ingoing Costs £
Estimated Minimum Ingoing Costs £

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) £

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