Pub Overview
The area
The Thorley Park Tavern is located in Bishops Stortford, a historic market town in Hertfordshire. The pub is next to a shopping centre and a parade of shops and local businesses. The area is of high affluence and there are 3,300 adults living within a ten-minute walk of the pub.
The offer
The Thorley Park Tavern is available on our foundation tenancy agreement. When refurbished, the Thorley Park Tavern will offer: A premium focused range of quality drinks including cask ales, lagers, spirits and cocktails. A home-cooked, traditional pub food menu, affordable for mid-week occasions with a good kids menu too. Coffee & cakes, to enhance the pub's daytime trade. Entertainment as part of the rhythm of the week, such as weekly live music and live sport.
Operator Requirements
The right operator for the Thorley Park Tavern will have extensive experience in community led hospitality businesses. They will have a clear vision for their Traditional Pub food & drinks menu, entertainment offer, sports 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
Catering Kitchen Outdoor Trade Refurbishment Planned Investment Tenancy
Trading Area & Facilities
The Thorley Park Tavern will be undergoing a refurbishment which will cover the interior and exterior of the pub. The pub's trading area and facilities post refurbishment will be: Main trading area with bar External Dining Area A total of 188 Internal and External Covers Catering kitchen SmartDispense Beer garden
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom. Where required, appropriate works will be carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Estimated Total Ingoing Costs: £41,195 Estimated Minimum Ingoing Costs: £41,195 Annual Rent: £39,978 Estimated Annual Turnover: £530,172 Deposit: £9,995 Estimated Fixtures & Fittings Value: £18,700 Estimated Stock Valuation: £9,000 Estimated Working Capital: £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.
Downloads
Demographics Report Download Energy Performance Certificate Download Refurbishment Details Download
#J-18808-Ljbffr
The area
The Thorley Park Tavern is located in Bishops Stortford, a historic market town in Hertfordshire. The pub is next to a shopping centre and a parade of shops and local businesses. The area is of high affluence and there are 3,300 adults living within a ten-minute walk of the pub.
The offer
The Thorley Park Tavern is available on our foundation tenancy agreement. When refurbished, the Thorley Park Tavern will offer: A premium focused range of quality drinks including cask ales, lagers, spirits and cocktails. A home-cooked, traditional pub food menu, affordable for mid-week occasions with a good kids menu too. Coffee & cakes, to enhance the pub's daytime trade. Entertainment as part of the rhythm of the week, such as weekly live music and live sport.
Operator Requirements
The right operator for the Thorley Park Tavern will have extensive experience in community led hospitality businesses. They will have a clear vision for their Traditional Pub food & drinks menu, entertainment offer, sports 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
Catering Kitchen Outdoor Trade Refurbishment Planned Investment Tenancy
Trading Area & Facilities
The Thorley Park Tavern will be undergoing a refurbishment which will cover the interior and exterior of the pub. The pub's trading area and facilities post refurbishment will be: Main trading area with bar External Dining Area A total of 188 Internal and External Covers Catering kitchen SmartDispense Beer garden
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom. Where required, appropriate works will be carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Estimated Total Ingoing Costs: £41,195 Estimated Minimum Ingoing Costs: £41,195 Annual Rent: £39,978 Estimated Annual Turnover: £530,172 Deposit: £9,995 Estimated Fixtures & Fittings Value: £18,700 Estimated Stock Valuation: £9,000 Estimated Working Capital: £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.
Downloads
Demographics Report Download Energy Performance Certificate Download Refurbishment Details Download
#J-18808-Ljbffr
