Victoria

Powers Hall End, Witham, Essex, CM8 1LT

Pub overview

An old coaching inn with access to a discounted price list. A popular community pub located on the outskirts of Witham on a prominent corner position.

The Victoria is a traditional pub with two low ceilinged rooms and a real fire. It has a large rear garden and car park. As the only pub on the site, it has a large catchment area and has a good following from the local community - attracting various sports teams. Over the years the pub has attracted people for sporting events as well as families using the garden to the rear of the pub.

The Victoria is a traditional pub with two low ceilinged rooms and a real fire. It has a large rear garden and car park.

Trade space
Bars 2
Car park spaces 25
Food covers 40
Gardens 1
Trade kitchens 1

One single bedroom and two double bedrooms, lounge, bathroom, laundry room and shared kitchen all in good condition

Private space
Private Rooms 6
Lounge 1
Single Bedrooms 1
Double bedrooms 2
Private Kitchen 1
Bathrooms 1

Rent information

Annual rent £18,000.00 per annum
Weekly rent £346.15 per week fixed
Notes

£18,000 per annum, £346.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check (Option to tie machines 50/50 and reduce the annual rent to £22,500).

Entry costs approximately £8,325.00 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). Possible help with the Fixture and Fittings for the right operator. Existing Fixtures and Fittings to be valued.

Brokers £675.00 Legal £350.00
Deposit £2,000.00 Stocktaking fees £150.00
Fixtures & fittings TBC Working capital £2,000.00
Other costs £3,150.00 Total entry cost £8,325.00

Agreement description

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

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)
2014/15 245 1,061 1,751
2013/14 281 1,128 1,828
2012/13 287 1,185 2,290
Volume notes

Location

This pub is situated on the old Braintree Road on the outskirts of Witham town, Essex. The Victoria has the benefit of being located near to a large residential housing estate whilst also being close to the countryside. The nearby Powers Hall Academy is rated Outstanding by Ofsted.

Witham town centre is a 15 minute walk away whilst transport links are very good with Witham Station providing regular trains to London Liverpool Street along with Witham being situated on the A12 trunk road between Chelmsford and Colchester.

Facilities

Trade bar
Car park
Pub garden
Trade kitchen

Current premises licence opening hours

Monday to Saturday 10:00 - 01:30 Sunday 11:00 - 00:00

Contact Us

Steve Head

Business Development Manager

Call us today 0845 607 5330

Apply online
“ I am ideally looking for an experienced operator who can deliver a great quality value food and drinks offer and cater for all the families and residents that surround this pub. ”