Sun

21 Sun Street, Waltham Abbey EN9 1ER

  • Sun Waltham Abbey
  • Sun Waltham Abbey
  • Sun Waltham Abbey
  • Sun Waltham Abbey
  • Sun Waltham Abbey
  • Sun Waltham Abbey
  • Sun Waltham Abbey
  • Sun Waltham Abbey
  • Sun Waltham Abbey

Sun

Sun is a deceptively large pub situated in the heart of Waltham Abbey and just a walk away from tourist attraction Waltham Abbey. The pub is the perfect setting for a multidimensional offer that takes in everything from a great traditional pub menu to Sunday Carvery complemented with a great entertainment program of televised sports and live music.

Pub Features

  • Rolling Tenancy
  • Business Start-Up Agreement
  • Music Venue
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Pub Games
  • Cask Ale

Trading Area & Facilities

The pub has recently been refurbished to a high standard and been in existence since 1633 It is full of charm and character with its beautiful oak beams, oak floors and separate dining area and open fireplace. There is a full catering kitchen to support a great food offer. Parallel to the pub runs an extensive outdoor area with a fantastic outside bar and BBQ this provides a great opportunity during the summer months. All these features makes it the best pub in town. There is a car park directly behind the pub that customers can use.

Private Accommodation

The private accommodation at the Sun consists of three bedrooms, kitchen, lounge and 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 business right.

Premises Licence Details

please refer to license for full details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 01:00 10:00 - 01:00 10:00 - 00:00

Financials

Annual Rent £
23,000
Estimated Annual FMOP (Licensee Profit) £
27,229
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
297,678
Estimated Annual Barrelage
172

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 £
15,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
2,000
Deposit Amount £
3,000
Rent In Advance £
1,917
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
295
Premises Licence Fee £
250
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
Estimated Minimum Ingoing Costs £
9,227

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) £
4,908

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