If you are looking for a pub tenancy in London, run The Hope Fitzrovia !
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Pub Tenancy In London – Run The Hope Fitzrovia
This well positioned pub in a bustling part of central London is a beautiful four storey corner site located a short walk from Tottenham Court Road and Oxford Street. It is close to the trendy Charlotte Street area known as Fitzrovia, and offers a wide choice of beers, wines and spirits alongside a stone baked pizza food offer prepared and served from an open kitchen in the bar area. Customers can watch all the main sporting events on large screens and there are high stools and fixed seating for circa 13 and standing for 40 guests. On the first floor is a function room with 20 seat capacity and a prep kitchen behind. Externally, the Hope utilises the outside pavement areas for drinking and as a smoking area. The private accommodation is located on the third floor and consists of three double bedrooms, one single bedroom, kitchen, lounge and bathroom with a separate WC. Stonegate Pub Partners are now seeking an experienced pub operator.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Key Features
Situated in the heart of central London
Live sport shown throughout the pub
First floor function room with 20 covers
Three bedroom private accommodation ideal for a family
Discounts of up to £ per barrel but has an average of £ per barrel
The Hope pub is situated in Fitzrovia, a district of central London near the West End. This very busy area of London is a mixture of retail, offices and residential. Located a stone’s throw from Goodge Street tube station and in sight of Tottenham Court Road, this vibrant area is earmarked for future regeneration investment.
Business Information
Potential Turnover:
£719,000
Guide Rent per week:
£1,635
Agreement:
Retail Partnership Tenancy
Guide Rent:
£85,000 pa
Potential Turnover:
£719,000 pa
Fixtures / Fittings:
Est. £25,000
Capital Startup:
Est. £36,250
Regional Manager’s Thoughts
There is a broad target audience with lunch time workers, after work drinkers, shoppers, theatre goers and local residents to target and develop sales opportunities to continue the current growth in all areas. This gem of a pub would suit an experienced pub operator with exemplary cellar management and retail standards.
