Pub Tenancy - Waltham Cross

Pub Tenancy – Waltham Cross

Key Features

Busy High Street Location

Opposite Overground Station

Strong wet history

The Wheatsheaf is a vibrant, well-located property, situated on the high street of Waltham Cross and opposite \’Theobald\’s Grove\’ overground station which is 5 stops to White Hart Lane. This site is renowned for it\’s live sports and entertainment at weekends creating a fantastic atmosphere for a wet led business. We are looking for a tenant to drive an inventive and consistent \’Rhythm of the Week\’, attracting commuters and increasing footfall throughout the quieter days to maximise the trading opportunity. There are 2,611 adults within a 10-minute walk and 8,625 within a half a mile to attract. There is a small trade kitchen to enable a small plate, pizza style menu offering fryer options during the well-attended sports events.

The Details

Agreement Type – 5 Year Tenancy

Annual Rent – 21,000

Deposit – 5,250

Barrelage – 124 BBrls

Tie – All beer and cider

Estimated Annual Net Turnover – 292,749 (16.6% food)

Estimated Fixtures & Fittings – 10,000 (option to be rented)

Advance Rent – 1,750 Net (plus insurance)

Working Capital Inc Stock – 5,500

Estimated Total Ingoing Costs – 23,000

Estimated Minimum Ingoing Costs – 7,500