Pub Tenancy

McMullens Tenancies

BarnetAnnual Rent £25,000Full time



Sebright Arms, Barnet



Key Features

  • Busy community location, incl 3 schools, 2 sports club
  • 2 bar operation with courtyard garden
  • Strong existing wet and food trade
  • Live sport, music and events


The Sebright Arms is a well-kept, wet led community driven pub with an existing food following. With a 2 bar style operation it allows you to over vertical drinking occasions alongside more relaxed dining at the same time. Known for its involvement with the community and strong following the site thrives with sport, music and a strong ‘Rhythm of the Week’.

With nearly 5,000 adults from ‘Established Affluence’ and ‘Thriving Neighbourhood’ communities within 10 minutes’ walk provides a strong footing to drive volumes and strong margin opportunity through Premiumisation. No competitor pubs within a 7 minute walk provides a captive audience alongside 3 neighbouring schools, cricket club and tennis club.

We are looking for an enthusiastic tenant that will look to embrace the community, engage with local schools/clubs whilst delivering quality beer, food and customer service.


The Details

Agreement Type

5 Year Tenancy

Annual Rent

£25,000

Deposit

£6,250

Tie

All beer and cider

Barrelage

168 BBrls

Estimated Annual Net Turnover

£420,488 (20% food)

Estimated Fixtures & Fittings

£15,000 (option to be rented)

Advance Rent

£2,083 Net (plus insurance)

Estimated Stock & Working Capital

£8,000

Estimated Total Ingoing Costs

£31,000

Estimated Minimum Ingoing Costs

£13,000