Pubs On The Market v2.0

Knight Of Aveley South Ockendon

East of England

Darenth Lane, South Ockendon, Essex RM15 5LN, UK

The Knight of Aveley is a wet-led pub, popular within the local area as a sports viewing destination, with scope for a live entertainment schedule. The Knight is traditionally decorated and has recently received a complete internal refurbishment so is in immaculate condition. Throughout, the pub can hold up to 150 covers and boasts a function room, allowing for additional covers and the opportunity to host events in this dedicated space. There are two raised areas either side of the bar, one is home to a pool table and the other provides seating. The external trading area hosts a beer garden that would benefit from outside seating to drive additional trade during the warmer months. The Knight is available on a 3-year Beacon Partnership Tenancy agreement which allows the business to trade with highly competitive retail prices and strong value orientated drinks offers, backed by enhanced marketing support and a retail standard focus. The private accommodation consists of four-bedrooms, a lounge and a kitchen, ideal for a family.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.


Everything about the Pub

The Knight of Aveley is situated in a densely populated residential area of South Ockendon, adjacent to the shopping precinct. South Ockendon has a resident population of 18,000. The area rapidly grew following World War II when the small parish of South Ockendon was transformed into a town of prefabricated houses and flats which have since been replaced by modern housing.

Private Accomodation

The private accommodation comprises four bedrooms, a bathroom, kitchen and lounge and has been newly decorated throughout.

Agreement Fee: £750.00

Cash Float: £500.00

Fixtures & Fittings: £7,500.00

Forecast Turnover: £235,270.00

Full Deposit: £2,625.00

Full Tie Release: £0.00

Guide Rent: £10,500.00

Initial Deposit: £0.00

Repair Fund: £0.00

Stock & Glassware: £3,500.00

Working Capital: £0.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £3,900.00

Forecast Other Turnover: £9,000.00

Forecast Wet Turnover: £231,370.57

Additional Info

Ingoing Cost: £0.00
Annual Cost: £10,500.00

Agreement Type: Beacon Retail Partnership Tenancy

This is a fantastic opportunity for a strong publican to take on this popular community pub. There is lots of potential to develop the trade by focusing on introducing a strong entertainment schedule. The Knight of Aveley is in a great location surrounded by housing and shopping giving the publican to attract passing trade as well as the already local trade.


Contact The Love Your Pub Team:

Contact number: 01329 227488

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The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.