Lion & Lamb
Stortford Road, Little Canfield, Dunmow, Essex, CM6 1SR
Major investment planned to develop this site, full internal and external refurbishment allowing the new operator to mould this business and influence it's character within their own vision.
Rarely is there an opportunity to take over a new business, and have maximum impact of a six figure development alongside you.
Bar area and restaurant area will both be completed refurbished.
|Car park spaces||15|
Accommodation is in basic condition.
|Annual rent||£76,000 per annum|
|Weekly rent||£1,461.54 per week fixed|
£76,000 per annum, £1,461.54 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £7,650.00 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||£15,000||Working capital||£7,000|
|Other costs||£9,000||Total entry cost||£38,650|
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)|
Little Canfield is a village and a civil parish in the Uttlesford district of Essex, England. The village is situated the B1256 road, near the A120 road and the village of Takeley. Situated in between Dunmow and Bishop's Stortford.
The village is currently expanding as housing developments are being built around the area. The Lion and Lamb is its only pub.
Immediate access to the M11 motorway (junction 8) which links to the M25 and offers access both to east London and Cambridge. Stansted International Airport is close by which also has train services to London (Liverpool Street), with similar services available from both Bishop’s Stortford and Stansted Mountfitchet.
Schools for all ages can be found in the surrounding area. Bishop’s Stortford and Great Dunmow both offer excellent shopping and leisure facilities.