Property Description
A full refurbishment will absolutely transform this city centre pub!
Located in the heart of Stockwell, Central London, the newly named "Stockwell Social" is set to become the go-to place in the area.
What would you do with this pub to make it even more of a success?
The area
Tito’s (soon to be Stockwell Social) is situated right next to Stockwell Tube Station in the heart of Stockwell, Central London, where there are over 18,000 adults within a 10-minute walk time. Limited competition in Stockwell, with majority of pubs found in Vauxhall, Clapham and Brixton, means there is opportunity to be ‘The’ pub of Stockwell! There is a huge amount of young professionals living in or around this area.
The offer
The Stockwell Social is available on our investment tenancy agreement. Click here for more information on this agreement.
Once refurbished, the pub will offer a standout craft beer offering (featuring a strong Brixton Brewery selection) alongside a street food-inspired menu and regular live entertainment.
Drinks: The pub will offer an extensive selection of drinks, including lagers, ciders, spirits, wines, and cocktails, alongside a variety of soft drinks and low- and no-alcohol options.
Food: The menu will focus on an innovative street food offering, moving away from traditional pub classics. This vibrant and modern food concept will attract customers seeking something unique and exciting.
Coffee: A straightforward coffee offering will be available to cater to non-drinkers and daytime visitors.
Events: The pub will offer live sports, music and entertainment. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The Operator
The right operator for the Stockwell social will have extensive experience running or operating a pub business.
They will have an understanding of London's fast-paced market and a passion for connecting with a younger audience.
They will be experienced in executing a quality food offer as well as managing an exciting calendar of events.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter…
The Stockwell Social will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Main trading area with bar
130 internal covers
138 external covers
Catering kitchen
SmartDispense
Extensive beer garden
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
The private accommodation consists of 6 bedrooms.
Premises license available on request.
Agreement Type
Investment Tenancy
Property Facilities
Private Accommodation
Refurbishment Planned
Kitchen
Outdoor Trade
Property Financials
Additional Information
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
** 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
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.
