Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

COMMUNITY LOCAL PUB WITH GREAT HOME COOKED FOOD

The White Hart is a beautiful 16th century pub in the heart of Hampstead Norreys. This community locals pub is looking for a new operator to grow its quality offer, whilst playing a larger role in the local area. The pub trades currently at a 50/50 split bet...

Important Information

Annual rent £25,000
Additional information N/A
Weekly rent £481
Entry costs £25,000
Turnover royalty N/A
Forecasted operator turnover £383,460
Forecasted Operator Profit (inc machine profit) £24,401
Forecasted operator machine profit £0
Average Beer & Cider Discount* £108
Type of Tie Partial tie: Tied All Beer, All Cider, Minerals & Spirits
Agreement Standard Tenancy Agreement. A fixed 5 year term.
Machine Product Agreement Unrestricted (100% to licensee)
Entry cost is approximately £25000 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.
Deposit £6,250
Additional Information N/A
Estimated Fixtures & Fittings Value £3,750
Estimated Stock Value £3,000
Estimated Working Capital £12,000
Estimated Entry Cost £25,000

Daniel Nixon

Business Development Manager

‘Prior to becoming a Business Development Manager with Greene King, I ran my own award-winning pub in Norfolk and I truly enjoy working with my leased and tenanted partners to help them build successful pub businesses that are the focal point of their communities. In an industry that is increasingly dynamic thanks to fast moving trends, I believe in working proactively with my partners to stay ahead of the competition. Pubs are magical places and each one is unique. The way each partner operates their business is unique too and so I adapt my approach to the needs of each partner I work with to help ensure our collaboration is successful.’