Rose & Crown

Upper Green Road, Tewin, Welwyn, Hertfordshire, AL6 0LE

Traditional Local with real potential

The Rose & Crown is situated in the heart of the Hertfordshire commuter belt. This pub has the potential to be a genuine mix of a great local and destination pub. The pub would benefit from a quality food offer incorporating all the pub classics, an opportunity for real growth. The area is fantastic mix of affluent and country folk keen to see their pub return to past glory days. As well as being a destination for food, the pub should also be a community hub, hosting regular events such quiz nights to vintage call rally's, we suggest a dog friendly bar being a must.

Location

Tewin is a village and civil parish in Hertfordshire, between the towns of Welwyn Garden City, Stevenage, Welwyn and the county town Hertford. This is an affluent, attractive village with various local amenities. The Rose & Crown can be found in the centre of the village.

Business Information

Annual rent

£29,750

Weekly rent

£572

Entry costs

£21,813

Turnover royalty

n/a

Forecasted Operator Turnover

£441,546

Forecasted Operator Profit (inc machine profit)

£29,428

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£72

Type of Tie

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

Agreement

Standard Tenancy Agreement. A fixed 5 year term

Entry cost is approximately £21,813 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 £22,000. 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

£7,438

Fixtures & Fittings

£5,500

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£6,000

Other Costs

£1,150

Total Entry Costs

£21,813

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 117 279 3,555
2022 132 18 3,925
2021 124 222 3,547

Upon entry to the left there is a lounge bar and dining area which leads through to the garden and patio. To the right there is loose seating and a bar, with a more casual feel. Externally there is an attractive garden and patio with covered smoking solution and car park.

Trade Bars

2

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

40

Trade Gardens

1

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

35

Current Premises Licence Opening Hours

Mon-Thu: 11:00-00:30
Fri-Sat: 11:00-01:00
Sun: 11:00-00:00

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

BDM Portrait

This traditional pub should be at the heart of the community and attract those that wish to visit from a far. I am seeking an experienced hospitality operator or couple who can deliver a quality food offering whilst having a regular events programme being known as the best “pub” in the area. If that person is you, then please contact the recruitment team for further information.

Andy Turner, Business Development Manager

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