Rose & Crown
Upper Green Road, Tewin, Welwyn, Hertfordshire, AL6 0LE
Beautiful country pub with all the amenities in a beautiful affluent country village.
Recently refurbished to highest of standards & attracts custom from far afield. Great facilities include two separate bar/lounge/dining areas, good sized beer garden, separate patio terrace, commercial kitchen & large car park.
Two good sized separate bar areas that can be used for drinking, eating, entertainment, functions & meetings catering for approx. 100 covers in total. Good sized beer garden, separate patio terrace & very large car park for approx. 70 vehicles.
Domestic accommodation in very good condition & recently redecorated.
|Annual rent||£29,500.00 per annum|
|Weekly rent||£567.31 per week fixed|
£29,500 per annum, £567.31 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £49,375 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000). Please note Fixtures & Fittings may be avaliable on an assisted purchase scheme for the right operator, with £20,000 paid as deposit and the remaining £20,000 paid up via assisted purchase scheme.
|Fixtures & fittings||£20,000.00||Working capital||£10,000.00|
|Other costs||£10,350.00||Total entry cost||£49,375.00|
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
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.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
|Volume notes||Current volume does not include 3 FOT cask lines that the current tenant enjoys.|
Set in the middle of the affluent Hertfordshire village of Tewin surrounded by good quality housing. Short drive to Welwyn Garden City & Stevenage.