under offer
under offer
tenancy
73 Bovill Road, London SE23 1EX, UK
Approx. Total Ingoings
£17,250Annual Rent
£33,000The General Napier is situated on the corner of Bovill Roadd and Herschell Roadd, with Catford, Honor Oak Park, and Forrest hill all within a mile. The surrounding area is mostly residential comprising of mostly young professionals and family's giving it a strong potential customer base in the local area. The current offer is primarily wet let with no commercial kitchen but offers a good-sized trading area with a traditional bar as the centre piece. This provides a fantastic opportunity to make the General Napier a pub for all generations and the go to pub for sport and drinks to share good times with friends and loved ones. The pub also comes with the potential for a large investment.
Private Accommodation: The General Napier's private accommodation is arranged spaciously over two floors with three double bedrooms, two bathrooms, kitchen, living room and office.
Indoor trading area
The General Napier comprises of one main trading area offering covers for up to 40. Traditional style banquet seating with wooden tables and stools offer a traditional feel. There are two entry and exit points for the general public to use and a dart's board situated at the front of the trading area. Large Victorian windows offer a good amount of sun and light throughout the trading area allowing a bright and sunny atmosphere in summer.
Outdoor trading area
The pub boasts a front terrace with room for six bench seats surrounded by a low wall offering seating for up to 24. In the courtyard garden, there is the capacity for circa 30 covers with a covered drinking and smoking area.
Regional Manager Comments
The General Napier is situated on the corner of Bovill Roadd and Herschell Roadd, with Catford, Honor Oak Park, and Forrest hill all within a mile. The surrounding area is mostly residential comprising of mostly young professionals and family's giving it a strong potential customer base in the local area. The current offer is primarily wet let with no commercial kitchen but offers a good-sized trading area with a traditional bar as the centre piece. This provides a fantastic opportunity to make the General Napier a pub for all generations and the go to pub for sport and drinks to share good times with friends and loved ones. The pub also comes with the potential for a large investment.
Retail Partnership Tenancy
Beer Garden Private Accommodation Cask Ale
Approx. Total Ingoings
£17,250
Annual Rent
£33,000
Potential Turnover: £308,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £33,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £17,250 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £10,000 (excl VAT)
To be discussed with the Regional Manager.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
