tenancy
Stoke Road, Guildford GU1 4HT, UK
Approx. Total Ingoings
£9,750Annual Rent
£25,000An opportunity has arisen to run the fantastic Prince Albert pub in Guildford, this is a real community pub with lots to offer with live sports available, an indoor pool table and the space to run small events. Located on the main route in to the town centre and a stone’s throw away from Guilford College, this quality pub in a great area has ample opportunity to draw in passing trade, as well as from the local housing nearby. The pub also provides a small car park and a courtyard garden to the rear; which is a hidden gem in a town centre. The Prince also comprises two distinct trading areas, both of which are serviced by one bar. Stonegate Pub Partners are interested in speaking with an experienced publican with the drive and knowledge to take this pub forward and can embed themselves within the local community.
Private Accommodation: The private living quarters of the Prince Albert compromise three bedrooms, a lounge, kitchen, and bathroom, all in good order and ideal for a small family.
Indoor trading area
The pub comprises two rooms that are served by one bar and can seat up to 45 covers. Once inside there is an L shaped room which is carpeted with café style chairs and tables. The bar is in the middle, leading to a spacious area with a pool table and darts board to the rear of the pub. There is space for small live music acoustic sessions and private functions. Décor to the trade area and toilets will be refreshed as part of letting investment.
Outdoor trading area
The Prince Albert offers a small courtyard garden to the rear of the pub which can seat around 10-15 covers in the warmer summer months. The car park to the rear of the pub can accommodate six cars.
Regional Manager Comments
The Prince Albert represents a fantastic opportunity in an idyllic location in Guilford, Surrey. This is an exciting opportunity for an experienced publican looking for a new challenge. We are looking for a publican that has clear ideas on where they would like to take this business. Community spirit is key in this business & will benefit from further interaction with local clubs, charities & organisations.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Cask Ale Live Sports
Approx. Total Ingoings
£9,750
Annual Rent
£25,000
Potential Turnover: £314,000 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: £25,000 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: £9,750 (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: £8,000 (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.
