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The Lion, Eastwick
Key Features
- Garden, courtyard and out buildings
- Large 3 bedroom flat above
- Only pub in the village
Summary
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.
Costs
Agreement Type
5 Year Tenancy
Annual Rent
£22,500
Deposit
£5,625
Tie
All beer and cider
Barrelage
150
Estimated Annual Net Turnover
£345,719
Advance Rent
£1,875
Estimated Fixtures & Fittings
£25,000 (option to be rented)
Estimated Stock & Working Capital
£8,000
Estimated Total Ingoing Costs
£40,000
Estimated Minimum Ingoing Costs
£12,000