Great Opportunity Available

Griffin

64 Main Road, Danbury, Chelmsford, Essex, CM3 4DH

Gallery

(Click to enlarge)

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Pub overview

A really exciting opportunity awaits!

This beautiful pub sits in an ideal location with a modern inviting interior. There is a large function room on site, large car park and is situated on a busy main road. The Griffin has been known as a destination Pub with a quality dining experience, we belive this can be re launched and grown to maximise the excellent potential.
There is plenty of potential to grow the business in a busy market place, locals are keen to see change in this pub and the support from the village is strong. This site is an ideal pub for someone with ambition and exciting new ideas.

You have one main bar in the middle of the pub with dining areas around it, the outside offers seating for customers

Trade space
Bars 1
Car park spaces 12
Dining rooms 2
Food covers60
Function rooms 1
Gardens 1
Trade kitchens 1
Patio areas 1

Well decorated, maintained to good standard

Private space
Private Rooms7
Lounge1
Single Bedrooms1
Double bedrooms2
Private Kitchen1
Bathrooms1
Toilets1

Rent information

Annual rent£50,000 per annum
Weekly rent£961.54 per week fixed
Notes

£50,000 per annum, £961.54 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £34,225 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).

Brokers£750Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£20,000Working capital£2,000
Other costs£4,500Total entry cost£34,225

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
•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.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/19701314,904
2017/18771665,136
2016/17751555,009
Volume notes

Location

Danbury is a village in the City of Chelmsford, in the county of Essex, England. It is located 33.5 miles northeast of Charing Cross, London and has a population of 6,500.

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Facilities

Trade bar
Car park
Dining area
Function room
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Monday - Sunday - 10:00am - 00:30am

Contact Us

James Pearson

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The Griffin sits in the heart of the beautiful village of Danbury. Located on a main road with plenty of parking for customers, i am looking for a new operator with a passion for high quality dining. It is well presented inside and out with living accommodation above. This is truly an exciting opportunity for someone to take this pub and grow its market share. ”