Woolpack
23 Mildmay Road, Chelmsford, Essex, CM2 0DN
A welcoming pub with local ale, good pub food and great entertainment.
The Woolpack has become known as one of the best cask ale pubs not just in Chelmsford but throughout Essex. The pub has the warmth and atmosphere of a traditional ale house located in the back streets of the city centre. With up to eight cask ales available at any one time from local brewers this is a haven for the real ale enthusiast. The small snug bar offers traditional pub games and the main bar offers comfort for both drinking and eating. The patio area to the rear of the pub is well utilised throughout the year, especially when the regular and popular beer festivals are taking place.
Function rooms
Kitchen
Patio
Location
The Woolpack has become known as one of the best cask ale pubs not just in Chelmsford but throughout Essex. The pub has the warmth and atmosphere of a traditional ale house located in the back streets of the city centre. With up to eight cask ales available at any one time from local brewers this is a haven for the real ale enthusiast. The small snug bar offers traditional pub games and the main bar offers comfort for both drinking and eating. The patio area to the rear of the pub is well utilised throughout the year, especially when the regular and popular beer festivals are taking place.
Business Information
Annual rent
£39,000
Weekly rent
£750
Entry costs
£41,825
Turnover royalty
n/a
Forecasted Operator Turnover
£406,297
Forecasted Operator Profit (inc machine profit)
£38,316
Forecasted Operator Machine Profit
£7,000
Average Beer & Cider Discount*
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954 • Tie variations available • Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped • Flexible pricing options available • Greene King is responsible for the structure of the building • Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
Entry costs approximately £41,825.00, 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
£9,750
Fixtures & Fittings
£20,000
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£5,350
Total Entry Costs
£41,825
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) |
|---|---|---|---|
| 2018/19 | 254 | 20 | 505 |
| 2017/18 | 255 | 54 | 189 |
| 2016/17 | 266 | 66 | 92 |
There are two main trading areas. To the front of the pub there is a small snug bar with a pool table and darts throw. The main bar area is made up of two split areas. Live music is a regular feature at the pub and can be accommodated at the end of the main bar area. It has a wonderful outside seating area that benefits all year round from customer use.
Trade Bars
Yes
Trade Dining Areas
Yes
Trade Kitchens
Yes
Trade Food Covers
70
Trade Gardens
No
Trade Patio Areas
Yes
Trade Rooms to Let
0
Meeting Rooms
No
External Child Play Areas
No
Function Rooms
Yes
Customer Car Park Spaces
0
Current Premises License Opening Hours
Mon - Sat: 10:00 - 00:30
Sun: 12:00 - 00:30
The living accommodation is in good condition and rather large for the size of the pub, it benefits from three bedrooms and lounge area.
Private Rooms
8
Lounge
Yes
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
I am looking for an operator with a passion for cask ale, as the pub is famous locally for its quality real ales. The Woolpack currently supports several local brewers, up to eight of which are regularly featured on the bar. The site is a family friendly pub that is also known for its live music events and sports nights. If you have the requisite skills to take this pub forward, then please contact the recruitment team for more information.
James Pearson, Business Development Manager
Apply for this property
The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.