The Lion, Eastwick near Harlow

Large operational kitchen
Garden, courtyard and out buildings
Large 3 bedroom flat above
Only pub in the village

The Lion is a village pub that has great potential, Eastwick is a rural village located close to the nearby towns of Harlow and Sawbridgeworth; with 65,000 adults within a 10minute drive of the premises. The Lion is ideally set to become a go to food destination outlet, we are looking for a tenant to drive an innovative food led operation with a consistent ‘Rhythm of the week’ drawing on the local towns close by to maximise the trading opportunity. We have long term plans to renovate and redecorate the internals of the pub. There is a tenant flat on the 1st Floor boasting 3 ample size bedrooms, kitchen and living room.

The Details

Agreement - 5year (TAW Negotiable)

Rent reduced to - £22,500

Deposit - £5,000

F&F – TBC

Advance rent - £1,875

Stock - £6,000

Estimated ingoing £35,000

Minimum ingoing - £10,000

Barrelage – 150

Tie – All beer and cider

Estimated Annual Net Turnover - £345,719

Estimated Fixtures & Fittings - £30,000 (option to be rented)

Advance Rent - £2,208 Net (plus insurance)

Working Capital Inc Stock - £7,000

Estimated Total Ingoing Costs - £40,000

Estimated Minimum Ingoing Costs – £12,000

The Application

If you would like further information or you are interested in applying for this pub, please send through your CV including a covering letter and copy of ID to t.ellis@mcmullens.co.uk.

Pub Tenancy