Facilities

Private accommodation

A DRINKS LED PUB IN THE HEART OF ROMFORD

The Lamb, in Romford town centre lies beside the bustling market place where footfall is high, ensuring there is an all day long trading opportunity. The pub is completely drinks led and has offered food in the past, however the trade kitchen is currently not ...

Important Information

Annual rent £23,250
Additional information N/A
Weekly rent £447
Entry costs £20,875
Turnover royalty N/A
Forecasted operator turnover £367,450
Forecasted Operator Profit (inc machine profit) £23,140
Forecasted operator machine profit £12,000
Average Beer & Cider Discount* £144
Type of Tie Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement Standard Tenancy Agreement. A fixed 5 year term agreement
Machine Product Agreement Unrestricted (100% to licensee)
Entry cost is approximately £20875 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 £6,000
Additional Information N/A
Estimated Fixtures & Fittings Value £1,875
Estimated Stock Value £3,000
Estimated Working Capital £10,000
Estimated Entry Cost £20,875

Phil Venables

Business Development Manager

‘I’ve been working in hospitality for over a quarter of a century across a variety of roles, including running a pub, so I have a unique perspective when it comes to helping my partners. During my 13 years as a Business Development Manager in pubs, I have made it my mantra to ensure each partner I work with knows I am there for them when they need me, but will give them space to get on with it and run their business when they don’t. I believe there is nothing in the world like the great British pub and I enjoy working with entrepreneurial partners to help them succeed and create a truly special hospitality experience.’