Queens Head

13 High Street, Nutfield, Redhill, Surrey, RH1 4HH

Move in – understand your customers – then help us develop the perfect business

This beautiful Grade 2 listed pub dates back to 1505 and has recently re-established itself as part of the local social scene. Now it’s ready to be transformed into a high performing retail space and we’re looking for an experienced operator to help the business reach its full potential. A recent development has involved increasing the number of dining covers to drive more sales from affluent residents and to provide a better environment so that the Queen’s Head becomes the ‘must visit’ premium destination in the area.

Location

This beautiful Grade 2 listed pub dates back to 1505 and has recently re-established itself as part of the local social scene. Now it’s ready to be transformed into a high performing retail space and we’re looking for an experienced operator to help the business reach its full potential. A recent development has involved increasing the number of dining covers to drive more sales from affluent residents and to provide a better environment so that the Queen’s Head becomes the ‘must visit’ premium destination in the area.

Business Information

Annual rent

£30,000

Weekly rent

£577

Entry costs

£31,375

Turnover royalty

n/a

Forecasted Operator Turnover

£381,737

Forecasted Operator Profit (inc machine profit)

£29,849

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£72

Type of Tie

Partial tie: Tied All Beer & All Cider

Agreement

Standard Tenancy Agreement A fixed 5 year term

Entry costs approximately £31,375.00, 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

Deposit

£7,500

Fixtures & Fittings

£16,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£31,375

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)
2019/20 139 85 3,554
2018/19 124 0 3,111
2017/18 78 0 1,644

The pub is traditional in style and sympathetic to its listed status. There is currently capacity for 78 diners and an outside space that can increase turnover in the summer months. Following the refurbishment the interior has a more contemporary take on a heritage pub – using stylish period furniture and clean, simple lines offset by a ‘Farrow & Ball’ style colour palette. We have created a drive-to destination business that really appeals to people in your catchment area.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

56

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

15

Current Premises License Opening Hours

Mon - Thu: 10.00 - 01.00
Fri - Sat: 10.00 - 01.30
Sun: 10.00 - 23.30

The newly refurbished private accommodation is fairly large and includes 4 bedrooms along with a new fitted kitchen and bathroom. This would be great for dual operators sharing or a ready-made space for someone with a family who would like to take advantage of excellent local schools.

Private Rooms

8

Lounge

Yes

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

1

Bathrooms

1

Toilets

1

Private Kitchens

0

Offices

1

Bedsits

0

BDM Portrait

Fantastic opportunity in Nutfield for an experienced operator to run this established business. It is essential applicants have extensive kitchen experience and are capable of producing home cooked food. They must be prepared to be part of the local community and the driving force in promoting local events. Work with us and you can shape the future of this business to provide exactly the right offer that customers are looking for.

Graeme Marley, Business Development Manager

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