Description
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
