Pub Tenancy

Lord Haig, Hertford

Key Features

• Town Centre Location
• Strong Community and Local Trade
• Live sports and entertainment Trade
• Air Conditioning

The Lord Haig is a busy town centre wet lead premise with a strong live music and sports following, regular darts teams and a built-up rhythm of the week including quiz nights, karaoke and community games. Having recently had fully completed external renovation and a kitchen redecoration, the pub is ready to be taken over by an experienced tenant who will be able to continue and build on the strong community and local trade. There is a three bedroom tenant/manager accommodation above the pub with parking for the tenant on site. The pub also benefits from a courtyard garden and an external storage/secondary building within the courtyard.

The Details

Agreement Type – 5 Year Tenancy (TAW Negotiable)

Annual Rent - £24,000

Deposit – £6,000

Barrelage – 233 brewers barrels (previous 12months)

Tie – All beer and cider

Estimated Annual Net Turnover - £394,604

Estimated Fixtures & Fittings - £5,000

Advance Rent - £2,000 Net (plus insurance)

Working Capital Inc Stock - £6,000

Estimated Total Ingoing Costs - £25,000

Estimated Minimum Ingoing Costs – £10,000

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.