Great Food Opportunity!

Elephant & Castle

Amwell Lane, Wheathampstead, St Albans, Hertfordshire, AL4 8EA

Gallery

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Pub overview

A picture postcard Pub, situated in the beautiful Hertfordshire countryside

The Elephant & Castle is a stunning listed building dating back to the 1700's. This site currently serves home cooked food and great cask ale and is popular amongst the local community. The locals make up a large volume of the trade, however with the right operator and offer it has potential to be a leading destination Pub for food in the area. The Elephant and Castle is bristling with wonderful character features and has an abundance of charm. Improving the current 'Pub grub' offer and developing the menu further would in our opinion, be the pathway to success. With such a beautiful location, charming Pub, large garden and an affluent area, the foundations are firmly in place, all we need is YOU!

There are two bar areas, one of which is mainly used as a dining room. Both bars benefit from traditional log fires. There are two large garden areas, one to the side and one to the rear of the pub which are well used during the summer months. There is a good sized trade kitchen and large car park

Trade space
Bars 2
Car park spaces 20
Dining rooms 2
Food covers40
Gardens 2
Trade kitchens 1

There are two bedrooms, one living room and one bathroom.

Private space
Private Rooms4
Lounge1
Double bedrooms2
Bathrooms1

Rent information

Annual rent£35,000 per annum
Weekly rent£673.08 per week fixed
Notes

£35,000 per annum, £673.08 per week fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.

Approx £33,725 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent). Fixtures & fittings are yet to be valued but estimated to be approximately £15,000.00

Brokers£750Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£15,000Working capital£10,000
Other costs£1,000Total entry cost£33,725

Agreement description

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
•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.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/1914011,706
2017/181341,166
2016/17144232,947
Volume notes

Location

The Elephant and Castle is located close to the village of Wheathampstead and very close to the Towns of Harpenden and St Albans, which have very strong transport links into London. Wheathampstead is a village and civil parish in the City and District of St Albans, in Hertfordshire, England. It is north of St Albans and in the Hitchin and Harpenden parliamentary constituency.
The population of the ward of Wheathampstead is approximately 6,410 and settlements in the area are believed to date back to 50BC.

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Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen

Current premises licence opening hours

Monday to Thursday 12:00 - 23:30 Friday & Saturday 12:00 - 00:30 Sunday 12:00 to 00:00

Contact Us

Andrew Milne

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ I am looking for a passionate food operator who knows how to offer superb service and delight their guests with endeavour and enthusiasm. The Elephant and Castle represents a rare opportunity to take on a great destination pub, situated close to the affluent towns of Harpenden and St Albans in Hertfordshire and make it great again. If you have the requisite skills to make the Elephant and Castle the best Pub in the area, contact the recruitment team for more information ”