Property Description
The Oddfellows is a recently refurbished pub, located right next to Watford Football Stadium in heart of the Watford community.
Bring your experience in managing a team and executing a plan to build a successful pub business. What would you do with this pub to execute our retail offer.
The area:
The Oddfellows is located in Watford, next to Watford Football Stadium, in the heart of the Watford community. The pub benefits from passing trade from the football stadium, making Waford home match days incredibly busy for the Oddfellows! Situated in the heart of the Watford community, the pub is very community focused.
Demographics:
The pub is one of 10 pubs found in an area of around 8,027 adults. The location of the Oddfellows, being right next to the football stadium, is a real point of difference for the pub. The diverse customer base is made up of a whole host of different ages.
The offer:
Available on our management agreement, Just Add Talent, the pub has a tried and tested drinks offer. Click here for more information on Just Add Talent.
You can drive trade through a great drinks offer, community focused events, full sky sports package, and pub games such as pool and darts, as well as the passing trade from Watford Stadium on home game days.
We’re also really interested to hear your ideas on how to drive trade.
If you’ve benefited from managing or supervising a pub, we’d love to hear what experience you can bring.
The right operator for this pub will have experience in a community led hospitality businesses at management level. They will have high retail standards and can create a memorable experience for the customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to the pubs next chapter…
Trading areas and facilities:
Main trading area with bar
Separate pool and games room.
50 internal covers
40 external covers
HEINEKEN SmartDispense®
Rear Courtyard
Private accommodation consists of 2 bedrooms, lounge, kitchen, and bathrooms.
Premises license available on request.
Agreement Type
Just Add Talent
Property Facilities
Live Sports
Outdoor Trade
Pub Games
Private Accommodation
Property Financials
Additional Information
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
