White Swan

95 High Street, Hoddesdon, Hertfordshire, EN11 8TN

Pub overview

ADVERTISED FOR A LIMITED TIME - This 16th century, old timber framed building has heaps character and charm and with a planned investment by Greene King, it's a great time to run this pub.

The White Swan has everything, size, location, curb appeal and a great history.

One large L shaped bar which is broken up into 3/4 areas. Beautiful feature fire places and timber beams throughout. Commercial kitchen to the rear of the property and large patio garden and car park behind it.

Trade space
Bars 1
Car park spaces 25
Dining rooms 1
Food covers 70
Trade kitchens 1
Patio areas 1

Extremely large accommodation split into two distinct areas with separate access.

Private space
Private Rooms 18
Lounge 2
Double bedrooms 9
Private Kitchen 2
Bathrooms 2
Toilets 2
Office 1

Rent information

Annual rent £55,500.00 per annum
Weekly rent £1,067.31 per week fixed
Notes

£55,500 per annum, £1,067.31 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 £36,750 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).

Brokers £675.00 Legal £825.00
Deposit £14,000.00 Stocktaking fees £150.00
Fixtures & fittings £15,000.00 Working capital £5,000.00
Other costs £1,100.00 Total entry cost £36,750.00

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)
2015/16 456 575 8,527
2014/15 574 724 9,334
2013/14 542 288 9,944
Volume notes

Location

Located in a prime position on busy Hoddesdon high street. Hoddesdon is a town in the Broxbourne borough of the English county of Hertfordshire, situated in the Lea Valley. It grew up as a coaching stop on the route between Cambridge and London. It is located 3 miles west of Harlow, 4 miles southeast of Hertford, 5 miles north of Waltham Cross and 11 miles southwest of Bishop's Stortford.

Facilities

Trade bar
Car park
Dining area
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday to Wednesday 09:00 - 00:00 Thursday 09:00 - 00:30 Friday and Saturday 09:00 - 01:30

Contact Us

Steve Head

Business Development Manager

Call us today 0845 607 5330

Apply online
“ This well established and well known music and sports pub has a very strong recent trading history (400 to 600 barrels a year, over the last 4 years). I am looking for an experienced operator to be involved with the planned investment and take this well trading pub to the next level. ”