Pub Tenancy

McMullens Tenancies

Waltham CrossRent £20,500 per annumFull time

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


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