Stag Enfield
Stag Enfield
Little Park Gardens, Enfield, EN2 6PH Pub Code: 2302600101
Pub Code: 2302600101
Foundation TenancyEst. Annual Turnover: £409,644
Annual Rent: £46,977
About the area
The Stag Enfield is located in Enfield, at the end of the high street and close to Enfield Chase station. The pub is surrounded by shops, food and retail outlets and mixed housing, giving it access to town-centre footfall, local residents, workers and visitors.
The pub benefits from being one of 17 pubs found in an area of around 4,662 adults within a 10-minute walktime, so it sits within a busy and competitive hospitality scene where a clear offer can stand out. The local profile is highly affluent and weighted towards younger customers, with 64% classed as Young, 21% as Midlife - Young Kids and 79% classed as high affluence.
Mobile data also shows a strong local customer base, with visitors made up of residents, workers, local visitors and tourists. This creates opportunities to build daytime trade, after-work occasions, weekend visits and stays linked to the letting rooms.
The offer
The Stag Enfield is a town-centre bar with 9 letting rooms, a redecorated bar, snug area and courtyard garden, giving the next operator a strong platform to develop a drinks-led pub with food, events and accommodation trade.
This pub is available on our Foundation Tenancy agreement. Click here to find out more. Our Foundation Tenancy agreement is our primary pub agreement under the Leased & Tenanted model (L&T) that allows you to run your own pub business with the freedom to set the pub's offer and be responsible for the day-to-day operations of the pub, while the rent for the premises is fixed for a five-year term (three-year term if the pub is located in Scotland). Backed by HEINEKEN UK, all L&T agreements are tied for beer, cider, alcopops and soft drinks but free-of-tie on wine and spirits.
The potential of this pub lies in developing a strong bar offer that attracts customers looking for a great time in Enfield. The site currently has the ability to drive trade via its position in Enfield, live entertainment, live sports and pub games such as pool and darts. It offers a selection of popular beers, ciders, wines and spirits, alongside a pub classic menu.
The operator could drive trade through a clear drinks range, sports viewing, live entertainment, pub games, digital marketing, letting room packages, local business partnerships, after-work activity and a simple food offer that supports the bar and accommodation trade. We're also really interested to hear your ideas on how you would drive trade.
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 the pub will have extensive experience in a high street hospitality business, ideally with rooms or guest accommodation experience. They will have a clear vision for their marketing strategy, entertainment offer and drinks menu 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 pub's next chapter...
Trading Area & Facilities
- Main trading area with bar
- Redecorated bar
- 30 internal covers
- 16 external covers
- Courtyard garden / pub garden
- Snug area
- 9 letting rooms
- Live entertainment
- Live sports
Private Accommodation
The pub has no 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 range from**:
£12,414 - £34,569
**Deposit build up from 1 month rent
**Rented fixtures & fittings deal available
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:
Little Park Gardens, Enfield, EN2 6PH
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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