If you are looking for a pub tenancy in Ilford, The Papermakers is available !
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Pub Tenancy In Ilford – The Papermakers Is Available
About the Pub
The Papermakers is a traditional three-storey, one bar open-plan pub occupying the corner plot of Roden Street and Riverdene Road just off the ring road in Ilford town centre, a short walk from the busier Cranbrook Road in Ilford town centre. This well-established wet-led pub attracts locals and regulars and has a real community feel featuring four screens showing SKY & BT sports, a pool table, juke box and dart board. The main bar area enjoys an open and airy feel but retains warmth with mixed furnishings and a central U-shaped bar that also helps to split the pub into two distinct sides with overall space for up to 80 covers. To the side of property is an enclosed garden which can accommodate 20 covers which has the potential to become a lovely outdoor drinking space. The four-bedroom private accommodation has two bathrooms, a living room, bathroom and kitchen, separated over two floors. Stonegate Pub Partners are seeking an experienced operator to continue the growth of this business, whilst maintaining the current established customer base.
Key Features
A cosy and traditional pub with bar and restaurant area
Sports and games popular with the locals
Beer garden with great potential
Four-bedroom spacious private accommodation, ideal for a family
Discounts of up to £120 per barrel but has an average of £100 per barrel
Surrounding Area
Ilford is a large cosmopolitan town in outer east London, with its own significant commercial and retail centre. The pub is surrounded by residential development but is only nine miles from central London, which is easily accessed via the mainline station into Liverpool Street.
Business Information
Agreement: Retail Partnership Tenancy
Guide Rent: £32,000 pa
Potential Turnover: £353,000 pa
Fixtures / Fittings: Est. £12,000
Capital Startup: Est. £14,000
Regional Manager’s Thoughts
This business offers a fantastic opportunity for the new publican to be able to make their mark in this socially competitive area, by developing the offer into whatever niche they desire. Stonegate Pub Partners are looking for an operator who can take the Papermakers forward by developing its offer and attracting more of the local and active urban market. This would be a great prospect for both someone new to the trade or an experienced publican.
