Pied Bull
5 Bulls Cross, Enfield, Middlesex, EN2 9HE
A FOOD FOCUSED DESTINATION PUB
The Pied Bull in Enfield is a food led pub with a real community feel. This pub trades at a sales split of 50/50 between food and drink. It is said the pub was once owned by King James I as a kennel for his hunting dogs! The pub has been operated under a long term lease and is a well established business. Functions have been held here in the past and offer an opportunity for future growth. Whilst the current destination trade is important to the pub, it would be nice to attract more of the local community to boost sales further.
Bar
Dining areas
Kitchen
Location
Enfield is a large town in north London. The Pied Bull lies adjacent to the Tottenham Hotspur training facility with close links to the M25 and other main roads.
Business Information
Annual rent
£45,000
Weekly rent
£865
Entry costs
£29,125
Turnover royalty
n/a
Forecasted Operator Turnover
£531,942
Forecasted Operator Profit (inc machine profit)
£45,450
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£36
Type of Tie
Partial tie: Tied All Beer, All Cider, Minerals & Spirits
Agreement
Standard Tenancy Agreement. A fixed 5 year term.
Entry cost is approximately £29,125 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 £20,000. 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
£11,250
Fixtures & Fittings
£5,000
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£10,000
Other Costs
£1,150
Total Entry Costs
£29,125
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 | 83 | 28 | 1,908 |
| 2022 | 109 | 6 | 1,000 |
| 2021 | 79 | 27 | 77 |
There is a central bar with several areas for dining and drinking. There are also more formal sections and drinking sections.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
60
Trade Gardens
0
Trade Patio Areas
2
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
30
Current Premises Licence Opening Hours
The accommodation comprises 3 bedrooms, kitchen, lounge and bathroom.
Private Rooms
6
Lounge
1
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
0
Bedsits
0
I am looking for someone who can take on this established business and drive it forward to new heights. The Pied Bull is a great opportunity for an experienced operator who can drive a food focused pub and deliver exceptional customer experiences.
Phil Venables, Business Development Manager
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