McMullens Tenancies
Key Features
· Great wet and dry trade
· Large car park, patio and garden
· Great location
· 2 bed flat living accommodation
The Stag is a well presented, dual trade style pub with a history of strong performance. Renowned for its homecooked food and balanced wet trade it is a fantastic opportunity for an experienced food operator to take the site to the next level. In a prime location just of the M25, not too far from the Chiltern Hills the pub and opposite the local school, meaning it has a real split demographic of locals, walkers, commuters and destination foodies. The internal drinking and dining areas are split into 2 zones that equate to 90 internal covers but, alongside this, externally there is a generous garden with patio area seating another 120 covers including a small stretch tent. The expected turnover sits just over £11,000 per week on average but with has an opportunity for increased wet and day trade growth. We are looking for a pub partner that is capable of handling busy weekend dining trade, turning the tables over efficiently whilst offering the community a great comfortable place to drink multiple times a week through events and a strong rhythm of the week.
The Details
Agreement Type – 5 Year Tenancy
Annual Rent - £44,000
Deposit - £11,000
Barrelage – 150 BBrls
Tie – All beer and cider
Estimated Annual Net Turnover - £611,345 (43% food)
Estimated Fixtures & Fittings - £20,000 (option to be rented)
Advance Rent - £3,666.67 Net (plus insurance)
Working Capital Inc Stock - £8,000
Estimated Total Ingoing Costs - £43,000
Estimated Minimum Ingoing Costs - £15,000
The Application
If you would like further information or you are interested in applying for this pub, please send through your CV including a covering letter and copy of ID to donna.hardy@mcmullens.co.uk.