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 small village of Walkern. This is a great opportunity for entrepreneurs wishing to run a good food business with a quality selection of drinks, set within a property packed full of character. The pub has a strong local following and is famous for quality real ales and great food making it the talk of Walkern. The large garden with its outside bar is the perfect spot for family BBQs and summer events. The real ale trade could be further developed to attract customers from further afield. The offer is complimented by our exclusive Barrel & Stone high quality pizza offer which has proved hugely successful for both eat in and takeaway diners.
Bar
Childplay areas
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. The only other pub in the village is a Chinese restaurant, so the White Lion is the only real locals pub
Business Information
Annual rent
£35,500
Weekly rent
£683
Entry costs
£40,100
Turnover royalty
n/a
Forecasted Operator Turnover
£399,622
Forecasted Operator Profit (inc machine profit)
£34,913
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£36
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement A fixed 5 year term
Entry costs approximately £40,100.00, 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 £20,000 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
£8,875
Fixtures & Fittings
£20,000
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£4,500
Total Entry Costs
£40,100
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 | 127 | 1,030 | 4,255 |
| 2018/19 | 214 | 1,986 | 6,243 |
| 2017/18 | 165 | 1,519 | 4,284 |
There are two main trading areas, the main bar and a restaurant area. The bar area has 3 sections all of which can cater for casual drinking and dining, perfect for creating a warm relaxed atmosphere. A mature, good sized garden with outside bar offers great summer trade opportunities with kids play area and large patio.
Trade Bars
Yes
Trade Dining Areas
Yes
Trade Kitchens
Yes
Trade Food Covers
40
Trade Gardens
Yes
Trade Patio Areas
Yes
Trade Rooms to Let
0
Meeting Rooms
No
External Child Play Areas
Yes
Function Rooms
No
Customer Car Park Spaces
15
Current Premises License Opening Hours
Mon - Thu: 08:00 - 00:00
Fri - Sat: 08:00 - 00:30
Sun: 08:00 - 23:30
The accommodation compromises of 3/4 bedrooms, living room, kitchen, bathroom and office
Private Rooms
8
Lounge
Yes
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
2
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
1
Bedsits
0
I am looking for an operator with a strong food background and a passion for real ale. The White Lion is the only proper pub in this lovely Hertfordshire community village. The outside bar is a fantastic addition and will maximise potential throughout the summer. If you possess the requisite skill set, please contact the recruitment team for more information
Andy Turner, Business Development Manager
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