COULD YOU RUN THIS PUB IN HARPENDEN?
The Skew Bridge, located at the heart of Harpenden, is a well loved community pub that has a traditional and open feel. The pub is full of warm wooden furnishings, cosy carpets and classic pub accents. It’s famous among locals for its delicious pub food, cask marque accredited ales and live entertainment. There is great potential to introduce a more quirky offer that locals would be sure to love. The pub is a favourite stop off for walkers and visitors of the area looking for a bite to eat or a refreshing cold drink.
FACILITIES
The trading area consists of a snug lounge that can cater for up to 28 guests and has its own bar. It is the perfect place for an intimate dining experience or to enjoy a drink and catchup with friends. The pub also boasts a dining area with 32 covers, with an additional bar and tasty food this is ideal for larger group bookings. The pub benefits from a car park with space for up to 12 cars and also has a beautiful beer garden to its rear, which is a hub for locals to connect on a sunny day.
ACCOMMODATION
This exciting pub opportunity comes with domestic accommodation that consists of three bedrooms and a private lounge.
ABOUT THE LOCAL AREA
Harpenden is a picturesque town in the district of St Albans, Hertfordshire, that is surrounded by beautiful greenery. The town has a rural feel but with good transport links to Luton, London and St Albans, you’re not far from the vibrancy of city life. The Skew Bridge sits at the heart of the town, ideally in a visible position just off Harpenden Common, and nestled amongst local housing and flats which allows the pub to benefit from both local and visitor footfall.
THIS PUB MAY SUIT
This is the perfect pub opportunity for a Publican with good local knowledge. You will have a passion for deliver a quality food menu in order to maintain the pubs reputation as a foodie destination as well as an exceptional drinks range, with the ability to market a unique offer and potentially introduce something fresh. You will be keen to build relationships with the community in order to continue to provide an offer that locals love as well as drawing in passers by to provide a home from home for all of the Skew Bridge’s guests.
FINANCIAL INFORMATION
• Initial Deposit - £6,000
• Full Deposit - £7,371
• Rent - £567 PW
• Initial Ingoing’s* - £6750
• Legal Fees - £750
• Maintenance Fund Per Week - £40
• Fixtures & Fittings Weekly Rent - £43
• Working Capital - £2,000 - £4,000
BUSINESS INFORMATION
• Annual Rent - £29,486
• Forecasted Annual Wet Turnover - £227,765
• Forecasted Annual Food Turnover - £65,185
• Forecasted Annual Other Turnover - £6,517
• Weighted Average Discount Per Barrel - £131
• Agreement – 5 Year Tenancy
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