Prince Frederick (Bromley) | Greene King Pub Partners

Facilities

Private accommodation

A PROPER COMMUNITY LOCAL

The Prince Frederick, Bromley is a 100% drinks led pub, in a residential location. Currently trading as a Greene King managed house, we are now looking for a new partner to run the business as their own under our tenancy model. This pub sits in the heart of th...

Important Information

Annual rent £27,250
Additional information N/A
Weekly rent £524
Entry costs £17,813
Turnover royalty N/A
Forecasted operator turnover £341,839
Forecasted Operator Profit (inc machine profit) £26,783
Forecasted operator machine profit £12,000
Average Beer & Cider Discount* £108
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 £17813 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 £6,813
Additional Information N/A
Estimated Fixtures & Fittings Value £3,000
Estimated Stock Value £3,000
Estimated Working Capital £5,000
Estimated Entry Cost £17,813

Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
2024	182	1,148	3,331
2023	191	1,304	3,201
2022	208	1,279	2,892

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.’