East Elstree (to be re-named the The Plough)
High Street, Borehamwood, WD6 3EUAgreement Type: Long-Term FRI Lease
View for East Elstree (to be re-named the The Plough) details151, The Parade, Watford, WD17 1NA
Pub Code: 2302386101
Est Min Ingoing Costs: £14,678
Annual Rent: £38,146
Bar Bodega is situated on Watford's busy high street parade. Surrounded by a number of well-known high street bars and nightclubs, Bodega puts itself above the rest by being the premium, independent venue. Local demographics are a broad range due to the attraction of the high street shops, restaurants, bars and entertainment venues.
Being on the high street there are a number of reasons for people to go to Bodega but the large shopping centre is at the other end of the High Street and Watford Football Ground is less than a mile away. The paved area outside the venue has 2 large events a year which is a great footfall driver.
Currently operating as a late evening cocktail and wine venue that shows music/movies at weekends. Small food offer of Pizzas and smaller plates. No machines or sports due to the venue type.
The Bodega needs to be a chameleon style venue that offers coffees and pastries in morning for commuters and workers/hot desks. Need to have a unique high quality food offer to compete with the likes of The Florist and chain bar/restaurants. Lunch time bottomless brunches at weekends with great events, movie nights, comedy nights. Needs to have a real Unique Selling Point.
The Bodgea has a great open drinking and dining space with a secret covered courtyard. A large/oversized open fire with multiple years worth of melted candle wax covering to bring a rustic and classic feel.
Annual Rent | £ 38,146 |
Estimated Annual Turnover | £ 585,212 |
Deposit | £ 9,536 |
Estimated Fixtures & Fittings Value | £ 19,565 |
Estimated Stock Valuation | £ 8,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 40,601 |
Estimated Minimum Ingoing Costs | £ 14,678 |
151, The Parade, Watford, WD17 1NA
Agreement Type: Long-Term FRI Lease
View for East Elstree (to be re-named the The Plough) detailsAgreement Type: Foundation Tenancy
View for Jubilee Adeyfield detailsAgreement Type: Investment Tenancy
View for Grapes Hemel Hempstead details
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
RegisterTo download our no nonsense guide to running your own pub click below.
Download