Under Offer

Lion & Lamb

Stortford Road, Little Canfield, Dunmow, Essex, CM6 1SR

Gallery

(Click to enlarge)

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Pub overview

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.

Trade space
Bars 1
Car park spaces 15
Dining rooms 1
Food covers100
Gardens 1
Trade kitchens 1
Patio areas 1

Accommodation is in basic condition.

Private space
Private Rooms9
Lounge1
Single Bedrooms1
Double bedrooms2
Private Kitchen1
Bathrooms1
Toilets1
Office1

Rent information

Annual rent£76,000 per annum
Weekly rent£1,461.54 per week fixed
Notes

£76,000 per annum, £1,461.54 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 £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).

Brokers£675Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£15,000Working capital£7,000
Other costs£9,000Total entry cost£38,650

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)
2017/181012471,259
2016/171112161,327
2015/161061491,207
Volume notes

Location

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.

Facilities

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

Current premises licence opening hours

Monday to Sunday 07:30am - 02:00am

Contact Us

Sarah Barron

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ Fantastic opportunity to take over this pub which is in the only pub in a rapidly expanding village. Investment is planned in the near future, to reflect the growth of this village and its surrounding areas. Hundreds of new houses are to be built over the next year and this is great opportunity to redefine this traditional pub into the hub of this new community village. With the dining area, garden space and patio area, the site is in a great position to move to the next level with the development planned. We're looking for highly customer focused operators, who have a passion for great food, service and building teams. Someone who can really integrate themselves into a key role in this growing community and cater to commuters and villagers alike. ”