Pub Overview The area The Griffin is located just outside Chesham’s bustling town centre. Demographics The pub benefits from being one of only 2 pubs found in an area of around 13,580 adults. The customer base is made up of midlife and mature adults. The offer Available on our investment tenancy agreement. Click here for more information on this agreement. Once refurbished, the pub will offer: A wide range of drinks, including lagers, ciders, spirits and wines, alongside a great range of softs and low & no options. This variety caters to everyone, ensuring the pub appeals to a broad audience. A straightforward menu of classic pub favourites to complement the drinks selection. Quality coffee, attracting daytime visitors and non-drinkers, broadening the pub’s appeal. Live sports and entertainment, quizzes, pool and darts. We’re always open to new ideas, what would you do to drive trade? Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you: Some pub experience, but this doesn’t have to be at licensee level. Understanding of the local community. You know what it takes to build a successful business. You love hospitality and are great with 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 Features Refurbishment Planned Investment Tenancy Private Accommodation Catering Kitchen Outdoor Trade Car Park Trading Area & Facilities The Griffin will be undergoing a refurbishment which will cover the interior and exterior of the pub. A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads. The pub's trading area and facilities post refurbishment will be: Main trading area with bar Separate dining room 59 internal covers 42 external covers Catering kitchen Lounge area HEINEKEN SmartDispense Extensive garden Car park Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016). Private Accommodation Private accommodation consists of 3 bedrooms. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £35,455 Estimated Minimum Ingoing Costs £35,455 Annual Rent £31,861 Estimated Annual Turnover £414,599 Deposit £7,965 Estimated Fixtures & Fittings Value £18,990 Estimated Stock Valuation £5,000 Estimated Working Capital £3,500 The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT. 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. Downloads Demographics Report Download arrow Energy Performance Certificate Download arrow Refurbishment Details Download arrow