Run a Star Pub - Green Dragon St Albans - St Albans

The Green Dragon is situated in the large village of London Colney, in a picturesque location, overlooking the river Colne. The pub is just a 10-minute drive away from the City of St Albans. Demographics The pub is one of 6 pubs found in an area of around 2,786 adults. The diverse customer base is made up of a range of young to mature customers of medium to high affluence.

The site currently has the ability to drive trade via its food and drinks, as well as being an integral part of the community. The pub is currently 80/20 wet led. We're always open to new ideas, what would you do to drive trade? If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring. The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, and can create memorable experiences for their customers. If this sounds like the incredible pub opportunity you've been waiting for, apply today and tell us what you can bring to this pub's next chapter... Features

• Foundation Tenancy
• Outdoor Trade
• Cask Ale
• Private Accommodation
• Catering Kitchen
Trading Area & Facilities
• Main trading area with bar
• Separate lounge bar
• 52 internal covers
• 50 external covers
• Catering kitchen
• SmartDispense
• Outside seating overlooking the river
Private Accommodation Private accommodation consists of 2 bedrooms, lounge, kitchen & bathroom. Pub Financials Pub Financials Icon With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs range from
• :
£11,555 - £34,666 Annual Estimated Annual Turnover £466,985 Annual Rent £36,662 Entry Costs Deposit
• Deposit build up from 1 month rent
£9,166
• Estimated Fixtures & Fittings Value
• Rented fixtures & fittings deal available
£17,000
• Stock Valuation £5,000 Working Capital Required £3,500 The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT. Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms. The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.