McMullens Tenancies
Queens Arms Barnet
KeyFeatures
The Queen’s Arms is a well-established, traditional pub located in the heart of Barnet, The Queen’s Arms offers a unique opportunity to take over a popular local establishment. With a rich history and loyal customer base, this spacious pub features an inviting, warm atmosphere perfect for socializing and enjoying a pint with friends while watching live sports and/or music as well as being able to meet for lunch, dinner or that perfect Sunday roast. The Queen’s Arms boasts a fantastic location with easy access to surrounding areas, making it a prime spot for a new tenant to tap into the local community. Being close to the high street as well as the overground train station and cinema its perfect for post shopping drinks, pre cinema meal or your big night out with a live band/DJ.
What We’re Looking For: We’re seeking an enthusiastic and experienced pub operator to bring fresh ideas, energy, and a passion for great customer service to The Queen’s Arms. If you have the vision to build on its legacy and take this great pub to the next level, this could be the perfect opportunity for you.
The Details
Agreement Type – 5 Year Tenancy
Annual Rent - £32,000
Deposit – £8,000
Barrelage – 230
Tie – All beer and cider
Estimated Annual Net Turnover - £533,584.00 (85% Wet)
Estimated Fixtures & Fittings - £20,000
Advance Rent - £2,666 Net (plus insurance)
Working Capital Inc Stock - £6,000
Estimated Total Ingoing Costs - £36,500
Estimated Minimum Ingoing Costs – £15,000
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.