William Morris Walthamstow
807/809 Forest Rd, Walthamstow, London, E17 4JDAgreement Type: Investment Tenancy
View for William Morris Walthamstow details777, High Road Leyton, London, E10 5AB
Pub Code: 2303327101
Est Min Ingoing Costs: £59,040
Annual Rent: £39,679
The area
The Prince of Wales is based in Leyton, East London. The pub is very central with extensive transport links surrounding it. There are 16,000 adults living around the pub, with medium to high demographics. The pub has limited competition, with only one direct competitor, but the pubs all new look and feel make the Prince of Wales stand out.
The offer
The Prince of Wales is available on our investment tenancy agreement. Click here for more information on this agreement.
When refurbished, The Prince of Wales will offer:
A quality drinks range including premium & favourite beers, spirits, wines, no & low & soft drinks
A food menu offering pub classics
Televised sports and rhythm of the week 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 Prince of Wales will have extensive experience in community led hospitality businesses. They will have a clear vision for their food & drinks menu, sports offer and 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 Prince of Wales 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.
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).
The private accommodation consists of two bedrooms, kitchen, bathroom & an office.
Annual Rent | £ 39,679 |
Estimated Annual Turnover | £ 504,714 |
Deposit | £ 9,920 |
Estimated Fixtures & Fittings Value | £ 36,620 |
Estimated Stock Valuation | £ 9,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 59,040 |
Estimated Minimum Ingoing Costs | £ 59,040 |
777, High Road Leyton, London, E10 5AB
Agreement Type: Investment Tenancy
View for William Morris Walthamstow detailsAgreement Type: Just Add Talent
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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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