tenancy
Main Road, Rettendon Common, Chelmsford, Essex CM3 8DY, UK
Approx. Total Ingoings
£19,750Annual Rent
£30,000The Bell is a charming 18th century pub set in the village of Rettendon Common, 10 miles drive south of Chelmsford and in close proximity to Southend on Sea. The pub is located in a very active area with lots of passing trade as well as a strong local trade who visit the pub for its good quality food and good selection alcohol. With a warm and inviting atmosphere created by the traditional beams and décor the pub benefits from ample parking, a separate bar and restaurant, a function room and excellent external space. Stonegate Pub Partners are now seeking an experienced publican who can continue to grow the business and build upon the already established trade to maximise revenue and drive footfall.
Private Accommodation: Accessed from the rear of the pub, the private quarters are in good decorative order and comprise of two bedrooms, (one room currently used as an office, but can revert to a bedroom) a living room and a bathroom.
Indoor trading area
The Bell has a traditional look with dark oak, low beams and soft lighting throughout. Upon entering the pub, you are welcomed by the main bar which can accommodate 50 covers with a mix of loose high stools and fixed booth style seating. The restaurant can be accessed from the main bar and can accommodate an additional 50 covers. The restaurant benefits from a separate bar, toilets and access from the car park meaning it can also be used as a function room. There is a well-equipped trade kitchen to support a traditional menu.
Outdoor trading area
The front of the pub houses a patio area with circular dining tables and umbrellas for shading. Adjacent to this is a grassed area with additional outside seating in the form of picnic style benches. There is a large tarmacked car park to the rear of the pub which can accommodate 36 cars. (Stonegate reserve the rights to this carpark)
Regional Manager Comments
This traditional village pub has a thriving trade that has been built by the current publicans and we are now seeking an experienced publican who can continue to grow the business. The Bell is the perfect venue for enjoying a good selection of ales, glass of wine or dining with friends.
Retail Partnership Tenancy
Private Accommodation Kitchen Parking Cask Ale Function Room Restaurant/Food
Approx. Total Ingoings
£19,750
Annual Rent
£30,000
Potential Turnover: £524,000 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.
Introductory Rent: £30,000 per annum, payable weekly in advance.
This pub needs personal investment of time, effort and skills to realise its potential. Our vision for this pub is a business capable of sustaining a rent of £43,000.00 per annum.
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: £19,750 (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: £25,000 (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.
