26 Bank St
Braintree
CM7 1UL
Swan Essex
The Swan is situated in the centre of Braintree on the Market Square so is in a very prominent position. Braintree itself is a market town with a population of 42,000 and the demographics especially in the local villages are good. Braintree has the nearby massive freeport shopping area and is also on the A120 which links direct to Stansted Airport just 30 minutes away. There is a multiplex cinema a bowling alley and various restaurants and shops within the freeport. Braintree has two main market areas that link throughout the town, which are run twice weekly, on a Wednesday and a Saturday.
They are based outside the town hall in market square, and also run along Bank Street and the High Street. The High Street is mainly a pedestrianised area, which allows only buses to commute through the town.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
About the Pub – Swan Essex
The Swan has a large central bar with seating areas all around, there are separated areas behind the main bar which one houses a pool table but may be more suitable for guests eating. There is a large patio garden and a commercial catering kitchen which was refurbished little over two years ago and is compliant. There is also council permission for two tables to the front of the pub which will help the pub promote daytime trade.
TRADING STYLE
The pub trades as drinks led only though we believe there is a strong market for a daytime food offer considering the number of visitors to the town. There is entertainment at weekends and more locals led throughout the week. We are proposing a refurbishment for the Swan so the business can move more to a premium level. We are looking for an operator that can maximize the potential here rather than how the pub currently trades.
Swan Essex
FINANCIAL DETAILS – Swan Esse
Annual Rent: £17,000
Security Deposit: £5,000
Working Capital: £4,000
Stock: £3,000
Fixtures and Fittings: Upon Valuation – Funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories inexchange for an annual fee.
Training: £250 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Swan Essex
We believe the Swan is currently trading far below its potential. To help the new licensee we are proposing a refurbishment scheme to decorate the frontage, internals and improve the garden area which could be the best in the town centre. The whole offer needs refreshing with a degree of food during the day and a tavern style gathering point in the evening with entertainment at weekends.
Contact The Love Your Pub Team:
Contact number: 01329 552730
Contact email address: info@loveyourpub.co.uk
MISREPRESENTATION ACT 1967
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.