40 Market Street, Harlow, Essex, CM17 0AQ
A great opportunity for a licensee to take on a well established drink trade, with room for growth on food.
At the heart of the community, The Crown is popular with locals, providing a cosy local welcome, regular entertainment and sports offering. It is a 16th Century former coaching Inn with many of the original beams and an 18th century floral wall painting. The pubs large garden is popular in the summer and is well liked by varied clientele.
There are 2 bar areas (1 needs dispense re installing) with an outside bar servicing the garden. Good sized function room
A viewing of the private accommodation will be available once your initial application has been discussed
|Annual rent||£50,000 per annum|
|Weekly rent||£961.54 per week fixed|
£50,000 per annum, £961.54 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £40,150 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£16,000||Working capital||£5,000|
|Other costs||£5,000||Total entry cost||£40,150|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Old Harlow is the historic part of the new town and district of Harlow, Essex in England. It is situated in the north-east area of the town and is the oldest area of the town. Old Harlow ward has a total population of 5,845 and comprises 2,498 homes