Pub Tenancy - Waltham Cross
The Wheatsheaf
Key Features
* Hotel Rooms
* Located next to commuter train station
* High Street location
The Wheatsheaf is a well-located high-street sports pub in Waltham Cross which has recently had the full externals of the building redecorated. The pub has 40+ covers with room to stand at the bar, a darts board and pool table. The pub benefits from being less than a minute walk from Theobalds Grove trains station which is a London Overground line into going to Liverpool Street as well as having four bed and breakfast hotel rooms that have previously been charged at 45- 55 per night which provides a high margin earning opportunity on top of the drink and food sales. The the manager/tenant's accommodation consists of two bedrooms, living room, kitchen and bathroom all of which have recently had new carpets fitted to them. The pub is looking for experienced tenant/s to provide a sports and live music offering to the loyal customer base built up already.
The Details
Agreement - 5year (TAW Negotiable)
Rent - 20,500
Deposit - 5,125
F&F - TBC
Advance rent - 1,708
Stock - 6,000
Barrelage - 175
Tie - All beer and cider
Estimated Total Ingoing Costs - 40,000
Estimated Minimum Ingoing Costs - 15,000
Estimated Annual Turnover - 290,109