Forge

The Pantiles, Billericay, Essex, CM12 0UA

GREAT BEER AND TRADITIONAL PUB FOOD

The Forge at Billericay is a wet led pub, trading at a 70/30 sales split, on the outskirts of this Essex town. The pub focuses on offering great beer and traditional pub food, but we feel the opportunity here is to increase the food focus in the pub and attract more customers to the site to watch live sport. The pub has a loyal customer base and good income from gaming machines. The Forge is popular with locals and younger customers, before they make their way into town.

Location

Billericay is a town and civil parish in the Borough of Basildon, Essex. It lies within the London Basin. The town is thought to have been occupied since the Bronze Age. The Forge lies on the northern edge of the town adjacent to a local shopping parade. The immediate area is largely residential, offering a captive audience close at hand to market the pub to.

Business Information

Annual rent

£55,000

Weekly rent

£1,058

Entry costs

£17,625

Turnover royalty

n/a

Forecasted Operator Turnover

£514,974

Forecasted Operator Profit (inc machine profit)

£54,289

Forecasted Operator Machine Profit

£33,000

Average Beer & Cider Discount*

£144

Type of Tie

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

Agreement

Standard Tenancy Agreement. A fixed 5 year term. Machine income free of tie.

Entry cost is approximately £17,625 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 £15,000. 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

£6,000

Fixtures & Fittings

£3,750

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£17,625

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 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2023 240 1,122 3,411
2022 248 1,464 3,198
2021 140 986 2,440

As you walk in the main large bar is directly in front of you. There is a seating area to both sides, with one showing sport and the other offering comfortable surroundings for food/conversation. There is a large stoned garden and car park to the rear of the pub which serves the adjacent shops. The pub also offers a meeting room and a function room.

Trade Bars

2

Trade Dining Areas

2

Trade Kitchens

1

Trade Food Covers

60

Trade Gardens

1

Trade Patio Areas

2

Trade Rooms to Let

0

Meeting Rooms

1

External Child Play Areas

0

Function Rooms

1

Customer Car Park Spaces

50

Current Premises Licence Opening Hours

Mon-Sun: 07:00-01:00

There is no accommodation at this site.

Private Rooms

1

Lounge

0

Dining Rooms

0

Double Bedrooms

0

Single Bedrooms

0

Bathrooms

0

Toilets

1

Private Kitchens

0

Offices

0

Bedsits

0

BDM Portrait

I’m looking for an experienced operator or couple to bring the Forge to life. It’s a fantastic pub with a loyal customer base, offering a huge opportunity to establish a great food offering in the local area.

James Pearson, Business Development Manager

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