Railway Tavern Stanford-Le-Hope
Railway Tavern Stanford-Le-Hope
King Street, Stanford Le Hope, SS17 0HL Pub Code: 2301982101
Pub Code: 2301982101
Investment TenancyEst. Annual Turnover: £530,290
Annual Rent: £45,850
Pub Overview
A planned investment of around £189,000 will transform the Railway Tavern into an attractive community pub with stronger kerb appeal and renewed local presence. What would you do with this pub to make it a success?
About the area
Located on the high street in Stanford-le-Hope, the Railway Tavern sits close to the railway station with direct C2C services into London and within easy reach of major employers across Thurrock and the Thames Gateway. Around 29,800 adults and residents live within walking distance, creating a strong catchment of commuters, families and working-age professionals. Following refurbishment, the pub will broaden its appeal beyond its predominantly wet-led customer base, re-establishing its drinks offer while introducing sports viewing and entertainment to attract a more diverse audience. The pub is one of a handful of venues in the area, providing a strong opportunity to stand out.
The offer
Railway Tavern is available on our Investment Tenancy agreement. Click here for more information on this agreement. Please refer to the Refurbishment Details section for details of the investment being made.
Who we're looking for
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 Railway Tavern will have extensive experience in community hospitality businesses. They will have a clear vision for the drinks offer, sports viewing, live entertainment and marketing strategy, creating a welcoming local hub and memorable customer experience.
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…
Trading Area & Facilities
The refurbishment will focus on the exterior of the pub. A full list of works and pub floor plan can be found in the Downloads section.
The pub's trading area and facilities post refurbishment will be:
- Main bar trading area
- Separate dining room
- Snug area
- Separate games/sports zone
- 65 internal covers
- 50 external covers
- HEINEKEN SmartDispense
- Pub garden
- 14-space car park
- One-bedroom private accommodation with kitchen, living room, bathroom and toilet
Where a significant investment is made in a pub by Star Pubs, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease will not be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private Accommodation
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
£41,538
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 £10,000 un-borrowed funds.
What we're planning & why
An external refurbishment will revitalise the Railway Tavern, improving its appearance and strengthening its position as a prominent community pub.
What's happening?
Works will focus on a full external redecoration, new signage and an enhanced frontage to increase kerb appeal and encourage more passing trade. The refreshed appearance will support the relaunch of the pub's drinks offer alongside Sky Sports, live music and entertainment, giving a new operator an excellent platform to rebuild the pub's reputation within the local community.
Why invest?
The investment is expected to help increase annual turnover to around £530,000 by attracting more customers and encouraging repeat visits. To explore some of our recent successful pub investment projects, please see our Investment Showcase page.
Location:
King Street, Stanford Le Hope, SS17 0HL
Selected pub
Other pubs
Nearby events
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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