Elephant & Castle
Amwell Lane, Wheathampstead, St Albans, Hertfordshire, AL4 8EA
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
|Car park spaces||20|
There are two bedrooms, one living room and one bathroom.
|Annual rent||£35,000 per annum|
|Weekly rent||£673.08 per week fixed|
£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
|Fixtures & fittings||£15,000||Working capital||£10,000|
|Other costs||£1,000||Total entry cost||£33,725|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
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.
Current premises licence opening hours
Monday to Thursday 12:00 - 23:30 Friday & Saturday 12:00 - 00:30 Sunday 12:00 to 00:00
Business Development Manager
Call the Recruitment team on 01284 714 497Apply 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 ”