Run a Star Pub - New Inn Roydon - Roydon

The New Inn is located in the heart of the village of Roydon, Essex. The pub is surrounded by residential housing making it a real hub of the community. Demographics The pub benefits from being one of 3 pubs found in an area of around 1,148 adults. The customer base is made up of mostly mature or midlife people of medium to high affluence.

The site currently has the ability to drive trade via it's drinks offer, large beer garden and outdoor and community events. 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 community led hospitality business. They will have a clear vision for their drinks menu and entertainment offer and can create a memorable experience 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
• Private Accommodation
• Function Room
• Car Park
Trading Area & Facilities
• Main trading area with bar
• Function space
• 50 internal covers
• 40+ external covers
• Large outdoor beer garden
• Car park
Private Accommodation Private accommodation consists of 3 bedrooms, living room and 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
• :
£11,930 - £33,116 Annual Estimated Annual Turnover £559,651 Annual Rent £41,163 Entry Costs Deposit
• Deposit build up from 1 month rent
£10,291
• Estimated Fixtures & Fittings Value
• Rented fixtures & fittings deal available
£14,325
• 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.