White Lion
31 High Street, Walkern, Stevenage, Hertfordshire, SG2 7PA
A GREAT VILLAGE PUB, OFFERING A WARM AND FRIENDLY WELCOME FOR ALL
The White Lion is a traditional Hertfordshire rural pub set in the village of Walkern. The pub is timber framed, built in the 17th century and benefits from a cosy feel, offering low ceilings and an open fire in the colder months. In the summer it benefits from a large garden and patio, making it a firm favourite to those visiting from nearby Stevenage. This community pub is surrounded by the Hertfordshire countryside and trades at 90% drinks led, with potential to introduce a great food offer. The pub is now offered with a lower rent and higher discount band, making it a attractive proposition for anyone looking to run their own pub.
Bar
Dining areas
Garden
Kitchen
Patio
Location
Walkern is a village in East Hertfordshire located on the River Beane about two miles from Stevenage. The village has several shops including a convenience store plus a primary school, church, doctors surgery, recreation ground and a range of seasonal clubs including Cricket and Football.
Business Information
Annual rent
£28,500
Weekly rent
£548
Entry costs
£25,000
Turnover royalty
n/a
Forecasted Operator Turnover
£330,381
Forecasted Operator Profit (inc machine profit)
£27,669
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£108
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 £25,000 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
£7,125
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
£25,000
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 | 152 | 1,355 | 3,932 |
| 2022 | 179 | 1,568 | 4,716 |
| 2021 | 155 | 1,330 | 4,913 |
Entering through the front door, you will see the bar straight ahead with its soft seating and real fire. To the rear there is an exit to the large garden and to the right a dining room which is currently used as a pool room.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
20
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
26
Current Premises Licence Opening Hours
Mon - Thu: 08:00 - 00:00
Fri - Sat: 08:00 - 00:30
Sun: 08:00 - 23:30
The accommodation compromises of 4 bedrooms, living room, dining room, kitchen, bathroom and office
Private Rooms
9
Lounge
1
Dining Rooms
0
Double Bedrooms
4
Single Bedrooms
0
Bathrooms
2
Toilets
0
Private Kitchens
1
Offices
1
Bedsits
0
I am looking for a fabulous couple or family who can provide a consistently great service and food offer. The White Lion is the beating heart of the community and the new partner will need to provide the best in local food, great company and the greatest range of beers.
Andy Turner, Business Development Manager
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