McMullens Tenancies
Facilities:
Food
Function Space
Outside Patio
Live In
Parking
Key Features:
Manager/Tenant Flat above
Pub and Restaurant Separated
Off Road Parking
High Street Location
Summary:
The Greyhound is a landmark pub in the desirable Hertford suburb of Bengeo, with a proven reputation and strong community following. First purchased by McMullen & Sons in 1836 as their very first pub, it combines heritage charm with a modern refurbishment, offering a stylish and versatile trading space.
The property features two bars, dining areas, and an 18–20 space car park, with scope to cater for both locals and destination diners, private functions as well as being able to open the pub to regular drinks at the same time.
This is an excellent opportunity for a first pub or an experienced operator to take on a well-loved pub in a thriving area, with the chance to build on an established reputation while shaping the next chapter of The Greyhound’s success.
Costs:
Agreement 5 year tenancy (TAW Negotiable)
Annual Rent £26,000
Deposit £6,500
Tie – All beer and cider
Barrelage 110
Estimated Annual Turnover £363,167
Advanced Rent - £2,167
Estimated Fixtures and Fittings – TBC
Estimated Stock & working Capital - £5,500
Estimated Total Ingoing Costs £35,000
Estimated Minimum Ingoing Costs - £15,00