Cock

30 Silver Street, Stansted, Essex, CM24 8HD

GREAT OPPORTUNITY TO RUN COMMUNITY PUB

The Cock, is a warm and friendly community pub in the heart of Stansted Mountfitchet. The pub attracts a good demographic of people including families, local business people and the over 60's. The pub has a great value food offering and also offers a varied selection of beer on tap. The pub is on the main thoroughfare of the village and despite there being a lot of competition from other sites, each pub offers something different and caters for all clientele. The pub has one main bar on entry, a dining area and lots of seating throughout along with a beautiful beer garden to the rear along with a children's play area.

Location

The Cock is located on Silver Street in the heart of Essex town of Stansted Mountfitchet. Stansted Mountfitchet is an English village and civil parish in Uttlesford district, Essex, near the Hertfordshire border, 35 miles north of London. Stansted is located just off the M11, less than 5 miles away from the airport of the same name, but on the opposite side of the M11.

Business Information

Annual rent

£34,000

Weekly rent

£654

Entry costs

£35,375

Turnover royalty

n/a

Forecasted Operator Turnover

£333,425

Forecasted Operator Profit (inc machine profit)

£33,140

Forecasted Operator Machine Profit

£7,000

Average Beer & Cider Discount*

£126.00

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Standard Tenancy Agreement A fixed 5 year term

Entry cost is approximately £35,375 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £20,000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period.

Deposit

£8,500

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£4,000

Other Costs

£1,150

Total Entry Costs

£35,375

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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2021 77 867 2,253
2020 78 872 2,030
2019 125 1,429 3,418

There is one main bar area on entry to the pub with a dining area to the right and more informal seating in the rest of the bar along with bar stools. There is a downstairs toilet along with a beautiful beer garden and a children's play area at the rear with separate smoking area to the side. The main kitchen is at the rear of the pub.

Trade Bars

1

Trade Dining Areas

2

Trade Kitchens

1

Trade Food Covers

30

Trade Gardens

1

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

1

Function Rooms

0

Customer Car Park Spaces

18

Current Premises Licence Opening Hours

Mon - Thu 11.00 - 00.00
Fri - Sat 11.00-01.30
Sun 12:00 - 23.30

The private accommodation consists of 2 large bedrooms, a lounge, kitchen and bathroom with 2 toilets.

Private Rooms

7

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

2

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am looking for an experienced operator for the Cock in Stansted. This has been run as a locals pub for many years by the current, retiring owners, and I would like to retain this sense of community spirit. Attracting a wide range of customers from families, local business people and the over 60's, I would like the successful applicant to continue to build on the great food offering, enhance the pub classics and maintain the varied selections of beer on tap.

James Pearson, Business Development Manager

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