57 High Street, Leatherhead, Surrey, KT22 8AG
Great opportunity with a great design both internally and externally!
Pub opportunities like this don't come up very often! The Dukes Head sits at the heart of a busy, town-centre shopping area. I am looking for an operator to deliver a retail operation that works hard for you from breakfast through to lunch, into the afternoon and evening. Trade areas have been zoned to accommodate casual drinkers as well as dining customers and there is also a meeting room to make even more from the space. Get in touch now!
**Please note entry cost is estimated. Fixtures and Fittings are advertised as 25% deposit, full cost is subject to valuation**
All areas fully refurbished last year. Small car park to the side.
|Car park spaces||10|
The living space for The Dukes Head is large and was refurbished last year.
|Annual rent||£48,000 per annum|
|Weekly rent||£923.08 per week fixed|
£48,000 per annum, £923.08 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £47,650.00 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000). **F&F currently advertised as 25%, full value estimated to be circa £100,000.00 based on the refurbishment scheme, all of which was new last year including full kitchen fit out, there may be an Assisted Purchase scheme available for the right operator.**
|Fixtures & fittings||£25,000||Working capital||£10,000|
|Other costs||£5,000||Total entry cost||£47,650|
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)|
Leatherhead is an affluent area with almost double the number of managerial and professional households than the national average. The town has a high proportion of house ownership with a slightly older crowd – so your catchment audience has money to spend! The pub’s location, right on the High St close to the Swan Shopping Centre, is ideal for attracting customers with high levels of disposable income and by transforming the business, you can make the most of this opportunity.