White Lion

31 High Street, Walkern, Stevenage, Hertfordshire, SG2 7PA

Pub overview

The White Lion is a great village pub that offers a comfortable and friendly environment for all.

The White Lion is a traditional Hertfordshire rural pub set in the small village of Walkern. This is a great opportunity for entrepreneurs wishing to run a good food business with a quality selection of drinks, set within a building packed full of character. The pub has a strong local following and is famous for quality real ales and great carvery food making it the talk of Walkern. The large garden is the perfect spot for family BBQs and summer events. Real ale trade could be further developed. The pub has recently introduced our exclusive Barrel & Stone high quality pizza offer, to compliment the carvery and main menu. This has proved hugely successful for both eat in and takeaway diners.

There are two main trading areas, the main bar and a restaurant area. The bar area has 3 sections all of which can cater for casual drinking and dining, the bar is perfect for creating a warm relaxed atmosphere. A mature, good sized garden offers great summer trade opportunities with kids play space and large patio. There is also ample room for an excellent smoking solution.

Trade space
Bars 1
Dining rooms 1
Food covers 25
Gardens 1
Patio areas 1

The accommodation compromises of 3/4 bedrooms, living room, bathroom and office

Private space
Private Rooms 7
Lounge 1
Single Bedrooms 2
Double bedrooms 2
Bathrooms 1
Office 1

Rent information

Annual rent £41,000.00 per annum
Weekly rent £788.46 per week fixed
Notes

£41,000 per annum, £788.46 per week fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.

Approx £37,150 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, Schedule of Condition, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent).

Brokers £675.00 Legal £825.00
Deposit £6,000.00 Stocktaking fees £150.00
Fixtures & fittings £20,000.00 Working capital £5,000.00
Other costs £4,500.00 Total entry cost £37,150.00

Agreement description

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.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2015/16 192 1,987 4,477
2014/15 196 2,107 5,089
2013/14 182 2,175 4,928
Volume notes

Location

Walkern is a village in East Hertfordshire located on the River Beane about 2 miles from Stevenage. The village has several shops including a convenience store plus a primary school, church, doctors surgery, recreation ground and a range of seasonal clubs including cricket and football.

Facilities

Trade bar
Dining area
Pub garden
Trade patio

Current premises licence opening hours

Monday to Thursday - 08:00 - 00:00 Friday & Saturday - 08:00 - 00:30 Sunday 08:00 - 23:30

Contact Us

Sarah Barron

Business Development Manager

Call us today 0845 607 5330

Apply online
“ The White Lion needs to be run by an owner operator and would suit someone who has a strong food background and a passion for real ale wanting to run a community pub ”