Crooked Billet

Symonds Green, Stevenage, Hertfordshire, SG1 2HP

A UNIQUE VILLAGE LIKE LOCATION, IN A LARGE TOWN!

The Crooked Billet is a large community focused Pub, set on a Village green in one of Stevenage's largest housing estates. The site is located close to the Town centre and has nearby industrial areas, meaning there is plenty of lunchtime trade to attract. This site is famous locally for its Sunday roast and pub grub food offer. Entertainment is also key here and the Pub currently hosts regular quiz nights, live sport on TV and offers traditional Pub games. Externally, there is a large open space which is an ideal revenue stream during the summer months

Location

Business Information

Annual rent

£17,500

Weekly rent

£337

Entry costs

£13,400

Turnover royalty

n/a

Forecasted Operator Turnover

£309,299

Forecasted Operator Profit (inc machine profit)

£19,497

Forecasted Operator Machine Profit

£2,500

Average Beer & Cider Discount*

£108

Type of Tie

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

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approximately £13,400.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is £6000. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£6,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£13,400

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 109 1,066 4,969
2018/19 157 1,805 8,131
2017/18 134 2,064 7,825

The Pub has a large open plan trading area, with designated zones for dining, drinking and sports. There is also a large external trading space that can be utilised to drive volume in warmer months. The site also has a large trade Kitchen and external storage areas.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

68

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

Yes

Function Rooms

No

Customer Car Park Spaces

30

Current Premises License Opening Hours

Sun - Thurs 11:00 - 23:30
Fri - Sat 11:00 - 00:30

The private accommodation is in reasonable condition

Private Rooms

5

Lounge

Yes

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

0

Offices

0

Bedsits

0

BDM Portrait

I am seeking an excellent community focused operator with experience of delivering a good food offering. The Crooked Billet is unique, a village pub in the middle of the large town of Stevenage. The Pub is famous locally for its quality Sunday roasts and is a great venue to cheer your favourite team to victory! If you are looking for an opportunity like this one, please do contact the recruitment team today

Phil Venables, Business Development Manager

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