Rising Sun (Eltham) | Greene King Pub Partners

Facilities

Commercial Kitchen
Private accommodation

LOCATED ON ELTHAM HIGH STREET

The Rising Sun, located on Eltham high street is a traditional British pub. Currently trading as a Greene King managed pub, we are now looking for a new partner to implement their own unique offering under a tenancy agreement. The pub is heavily drinks led and...

Important Information

Annual rent £36,000
Additional information N/A
Weekly rent £692
Entry costs £24,000
Turnover royalty N/A
Forecasted operator turnover £396,269
Forecasted Operator Profit (inc machine profit) £35,472
Forecasted operator machine profit £34,000
Average Beer & Cider Discount* £72
Type of Tie Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement Standard Tenancy Agreement. A fixed 5 year term.
Machine Product Agreement Unrestricted (100% to licensee)
Entry cost is approximately £24000 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 £9,000
Additional Information N/A
Estimated Fixtures & Fittings Value £5,000
Estimated Stock Value £5,000
Estimated Working Capital £5,000
Estimated Entry Cost £24,000

Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
2024	181	1,759	2,809
2023	173	2,069	3,486
2022	264	1,565	4,836

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.’