Eagle & Hind

Gloucester Avenue, Chelmsford, Essex, CM2 9LG

HIVE PUBS - INVESTMENT PLANNED

The Eagle and Hind is a great community local, which is soon to be refurbished and relaunched as a Hive Pub. Taking on a Hive Pub as a franchisee is a low cost way of running your own pub business. They come ready to trade with a great-value, good quality food offer and excellent drinks range, so you can focus on running a great business and providing excellent service. Hive Pubs are a buzz of activity, where something is always happening from live sport and quizzes to music gigs. If you have pub management experience and are looking to take the next step and run your own pub business, we want to hear from you! Please note these plans are subject to final boards approval, estimated profit and turnover will be provided as soon as possible

Location

Chelmsford is an English city northeast of London. Hylands House, built in 1730, has restored interiors and hundreds of acres of parkland. The medieval Chelmsford Cathedral features stained glass and a colourful ceiling. The Essex Regiment Museum displays military artefacts such as weaponry, medals and uniforms. To the southeast, RHS Garden Hyde Hall has hilltop views and includes a rose garden and a woodland garden. The Eagle & Hind is located in the south east corner of Chelmsford, in a densely populated residential area. There are local amenities and shops close by with easy access into the city centre.

Business Information

Annual rent

n/a

Weekly rent

n/a

Entry costs

£7,000

Turnover royalty

n/a

Forecasted Operator Turnover

£0

Forecasted Operator Profit (inc machine profit)

£0

Agreement

Pub Franchise Agreement is an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay • £5,000 We give • Greene King sets up the pub and takes liability for the property and pays all running costs including stock. • We also supply marketing, training, and ongoing support. You get • You’ll be paid a guaranteed income of £20,000. • You will be paid a percentage of weekly sales know as the weekly turnover share • You can earn bonuses based on business performance and standards audits. • Private accommodation where available.

Entry cost of £5,000 is payable on change day. This includes legal fees and start up training costs. An extra £2,000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.

Deposit

N/A

Fixtures & Fittings

N/A

Legal Admin Fee

N/A

Broker Fee

N/A

Stocktaking Fee

N/A

Working Capital

£2,000

Other Costs

£5,000

Total Entry Costs

£7,000

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2021 168 1,551 3,735
2020 132 1,122 3,610
2019 302 2,595 9,083

The Eagle & Hind is a good size community pub with pub sports area to the rear and dining to the front. Externally you can find a generous garden and front/side seating. The trade space will be refurbished both inside and out, in line with Hive brand guidelines.

Trade Bars

1

Trade Dining Areas

0

Trade Kitchens

1

Trade Food Covers

65

Trade Gardens

1

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

6

Current Premises Licence Opening Hours

Mon-Sat: 11:00-23:30
Sun: 11:00-23:00

The accommodation comprises 2 bedrooms, lounge, kitchen, bathroom and office.

Private Rooms

6

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an experienced couple or individual with pub management experience who can meet our applicant profile and effectively deliver the offer within our franchise agreement. The Pub Franchise Agreement allows those with the relevant experience to launch their own business, with low ingoing costs. If you feel this may suit you, then please contact the recruitment team for further information

Becky Holt,

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The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.