Whitmore Arms

Rectory Road, Orsett, Grays, Essex, RM16 3LB

FOOD LED BUSINESS, IN A PICTURESQUE VILLAGE

Situated in the lovely village of Orsett, The Whitmore Arms has been run by the same family for over twenty five years and offers a great opportunity to take on a well established business. Locally sourced food, drinks and friendly service have made this site a real favourite with locals and destination diners so a continuation of the standards and levels of service will be the key to your success. The pub is currently trading at approximately 40/60 in favour of food sales. The pub is famous for serving a great pint Real Ale, as well as offering a cracking Sunday Roast, so a passion for Ale will be important. The pub is well maintained having benefited from investment over the years and has great outdoor space and a decent sized car park. This business is set up and ready to go, could you be the new licensee at the Whitmore Arms?

Location

Business Information

Annual rent

£70,000

Weekly rent

£1,346

Entry costs

£20,375

Turnover royalty

n/a

Forecasted Operator Turnover

£842,240

Forecasted Operator Profit (inc machine profit)

£68,338

Forecasted Operator Machine Profit

£0

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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 £00,000.00, 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 £00,000 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

£17,500

Fixtures & Fittings

£0

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£0

Other Costs

£1,150

Total Entry Costs

£20,375

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.

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 181 4,407 7,846
2018/19 207 5,406 9,770
2017/18 199 6,077 10,470

The trading space is unique as it is split over two floors. On the ground floor there are two bar areas both with dining covers, On the first floor there is a function room, which can also be used as an additional dining space. There are also additional rooms which can be used as meeting or function rooms. In total there are approximately eighty dining covers. Externally there is a large garden, which is mostly laid to lawn, as well as parking for approximately twenty vehicles.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

80

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

Yes

External Child Play Areas

No

Function Rooms

Yes

Customer Car Park Spaces

20

Current Premises License Opening Hours

Mon-Wed: 09:00-01:00
Thu-Sat: 09:00-01:30
Sun: 09:00-00:30

The accommodation is very well maintained and consists of two bedrooms, kitchen, lounge, dining room, office, bathroom and toilet.

Private Rooms

8

Lounge

Yes

Dining Rooms

1

Double Bedrooms

1

Single Bedrooms

1

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an experienced food focused individual or couple to take hold of this great pub, which has had the same family operators for the last twenty eight years. The food here has been a huge success with locals and recently destination diners, so knowledge and know-how of how to maximise this further will be essential. If this is the right kind of pub for you, then please contact our recruitment team for further information

James Pearson, Business Development Manager

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