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A traditional Pub in a busy location
The Lamb is situated in the heart of the busy and bustling Romford market place. Due to its location, this site currently attracts trade throughout the day and into the evening. The Lamb offers value food, quality beer and live sport, with Sky and BT sports regularly showing with a loyal and regular customer base taking advantage of this. There is a large and traditional bar area, which means regular evening entertainment should be high on your agenda. There is high footfall in the area, Romford market operates on Wednesday, Friday and Saturday and is known as one of the oldest markets in the country, having been established in 1247. There are also various shops and other amenities around the area including a Hotel opposite, ensuring there are always people passing by at all times of day.
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Standard Tenancy Agreement A fixed 5 year term agreement
Entry costs approximately £30,125.00, 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 25% of head rent. Fixtures and Fittings are valued at approximately £16,000 and the final valuation will be confirmed on change day. 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
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
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)|
There are three bar/drinking areas and one main dining room. There are forty food covers throughout the Pub. The commercial kitchen is to the rear and has access to a courtyard.
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises License Opening Hours
Sun - Thu: 06:00-01:00
Fri - Sat: 06:00 - 02:00
In need of decoration and open to discussions.
I am looking for an operator with local knowledge to take hold of the Lamb and help it reach its full potential. This traditional, busy Pub is in need of a new lease of life and we will work with you to ensure this happens. If this opportunity excites you, then please contact the recruitment team for further information
Tim Sparrow, Business Development Manager
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