Three Willows

Birchanger Lane, Birchanger, Bishops Stortford, Essex, CM23 5QR

Gallery

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Pub overview

Stunning premium food site in an excellent location, a short distance from Stansted Airport, long stay car park and surrounded by various hotels and travel lodges for visitors staying nearby.

The Three Willows is an established food business, currently trading 70% / 30% in favour of food. Set in a premium location close to Stansted, Saffron Walden and Bishops Stortford, and currently trading at a strong level. The pub benefits from a large car park, separate restaurant area and a garden to the rear. The pub is an important asset to the village and the decoration displays the villages history of cricket to support the local community.

Trade areas are in excellent condition.

Trade space
Bars 1
Car park spaces 15
Dining rooms 1
Food covers 70
Gardens 1
Trade kitchens 1

Accommodation in good condition

Private space
Private Rooms 8
Lounge 1
Single Bedrooms 1
Double bedrooms 2
Private Kitchen 1
Bathrooms 1
Toilets 1
Office 1

Rent information

Annual rent £46,000 per annum plus 5.0% Turnover Royalty
Notes

£46,000 per annum, £884.62 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £26,800 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Please note that Fixtures and Fittings are still to be valued.

Brokers £675 Legal £825
Deposit £11,500 Stocktaking fees £150
Fixtures & fittings £0 Working capital £5,000
Other costs £8,650 Total entry cost £26,800

Agreement description

Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A 5 year, fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Greene King is responsible for the structure of the building.
• Ability to end agreement with 6 months’ notice and payment of a Standard Notice Fee (3 months’ basic rent). Notice can be served
at any time.

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.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 60 2,024 4,686
2015/16 53 1,884 4,290
2014/15 67 1,986 5,107
Volume notes

Location

Birchanger is a village in Essex located 1.9 miles north from Bishop's Stortford and roughly 16 miles northwest from Chelmsford.

The village has a cricket, bowls and football club and is 1.9 miles away from London Stansted Airport. Birchanger is known for its protected Birch trees in the Birchanger wood.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen

Current premises licence opening hours

Monday-Thursday- 11.00- 00.00 Friday and Saturday- 11.00- 01.00 Sunday- 12.00-23.00

Contact Us

Sarah Barron

Business Development Manager

Call us today 01284 714 497

Apply online
“ This site requires a capable operator, with a proven background in successful food development. Trading is currently stable, we are looking for someone to take this site to the next level. ”