The Lion, Eastwick near Harlow
The Lion is a village pub that has great potential, Eastwick is a rural village located close to the nearby towns of Harlow and Sawbridgeworth; with 65,000 adults within a 10minute drive of the premises. The Lion is ideally set to become a go to food destination outlet, we are looking for a tenant to drive an innovative food led operation with a consistent ‘Rhythm of the week’ drawing on the local towns close by to maximise the trading opportunity. We have long term plans to renovate and redecorate the internals of the pub. There is a tenant flat on the 1st Floor boasting 3 ample size bedrooms, kitchen and living room.
Agreement Type – 5 Year Tenancy
Annual Rent - £26,500
Deposit – £6,625
Barrelage – 150
Tie – All beer and cider
Estimated Annual Net Turnover - £345,719
Estimated Fixtures & Fittings - £30,000 (option to be rented)
Advance Rent - £2,208 Net (plus insurance)
Working Capital Inc Stock - £7,000
Estimated Total Ingoing Costs - £40,000
Estimated Minimum Ingoing Costs – £12,000
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 firstname.lastname@example.org.