Pub Tenancy

Key Features

· Busy High Street Location

· Opposite Overground Station

· Strong wet history

The Wheatsheaf is a vibrant, well-located property, situated on the high street of Waltham Cross and opposite ‘Theobald’s Grove’ overground station which is 5 stops to White Hart Lane. This site is renowned for it’s live sports and entertainment at weekends creating a fantastic atmosphere for a wet led business. We are looking for a tenant to drive an inventive and consistent ‘Rhythm of the Week’, attracting commuters and increasing footfall throughout the quieter days to maximise the trading opportunity. There are 2,611 adults within a 10-minute walk and 8,625 within a half a mile to attract. There is a small trade kitchen to enable a small plate, pizza style menu offering fryer options during the well-attended sports events.

The Details

Agreement Type – 5 Year Tenancy

Annual Rent - £21,000

Deposit - £5,250

Barrelage – 124 BBrls

Tie – All beer and cider

Estimated Annual Net Turnover - £292,749 (16.6% food)

Estimated Fixtures & Fittings - £10,000 (option to be rented)

Advance Rent - £1,750 Net (plus insurance)

Working Capital Inc Stock - £5,500

Estimated Total Ingoing Costs - £23,000

Estimated Minimum Ingoing Costs - £7,500