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.
Function rooms
Garden
Kitchen
Meeting rooms
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
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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