The Half Crown is a fantastic character filled locals pub that originates from the C18th and is still set at the very heart of its community and neighbourhood, a rare opportunity has arisen to acquire this historic pub on a new 5-year Tenancy Agreement.
The Half Crown is a very traditional pub full of original beams and character, it is now open plan with multiple different seating areas which create a varied environment suitable for all occasions. On entering the main front central door there is a traditional central bar across the middle of the back wall accommodating 10stools around. There are circa 20covers set to the left across banquette seating and traditional dining tables and chairs around a feature fireplace, 8covers in the central front window seating area and further 20covers to right side of the bar across a mix of high and low tables and chairs, in total circa 60seated covers and a capacity of 150 depending on layout adopted.
The Half Crown is known for being the quality friendly neighbourhood community pub in Benfleet and attracts locals of all ages from 18 to 80. Apart from being the place to watch sports TV events and socialise with friends and neighbours the pubs weekly activity is focused on a popular twice a week quiz, a Friday Karaoke and Live Music on Saturday along with the occasional themed event and promotional evening. Sports viewing is well catered for across its 6 TVs and a large projection screen.
Externally the pub has an enclosed rear courtyard garden with bench seating for circa 40covers and an 8space car park along with picnic style benches along the pavement side picket fencing.
A ground floor trade kitchen is located behind the main bar that serves the on-site dining trade, it could also host a “Dark Kitchen” operation and our agreement allows the successful operator the flexibility and opportunity to introduce this should they wish.
A self-contained 3Bed flat accessed through the rear of the pub.
Forecast Turnover: £775,722.03
Year 1 Rent: £0.00
Guide Rent: £55,000.00
Initial Deposit: £0.00
Full Deposit: £13,750.00
Full Tie Release: £57,500.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £17,000.00
Working Capital: £30,000.00
Stock & Glassware: £5,000.00
Cash Float: £1,500.00
Turnover Rent: £27,336.10
Turnover Rent %: £3.50
Forecast Wet Turnover: £677,163.37
Forecast Dry Turnover: £75,222.77
Forecast Other Turnover: £23,335.88
The Half Crown is an already established and a well-known locals favourite pub, it is a fantastic opportunity for an operator who is ready to develop the food offering in a community neighbourhood site. Combine this with localised events and outreach and you have an even more famous landmark in the making. Ready to go as a “turnkey operation” this is the first time The Half Crown has been available to the Tenancy Market, such an opportunity very rarely comes up. Due to the high level of interest expected, I strongly recommend that you contact us promptly to avoid any disappointment.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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MISREPRESENTATION ACT 1967
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