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The British Flag is situated on the historic coastal port of Harwich on the North Eastern edge of Essex close to Colchester and Clacton. It’s a historic area with the port close by that still handles large commercial freight as well as a ferry links to the Hook of Holland. Together with Dovercourt the population is over twenty thousand and there are train links to Colchester, Ipswich and London (ninety minutes) from the nearby Harwich Station. There are several amenities all within walking distance to the pub which is located just of the A120 West Street surrounded by residential housing and businesses.
Pub Layout
On entrance you are greeted by a large L-shaped single bar layout with comfortable mixed seating to the front and a games area to the back of the pub including a pool area. There is a medium size rear patio garden that is in good order and provides a good sunny area to sit and drink.
The private accommodation is located on the first floor and can be accessed internally which consists of three bedrooms, kitchen, bathroom and is in good condition.
Annual Rent: £15,000 – Starting rent of £100 p/w/ (net) available.
Security Deposit: £5,000
Working Capital: £2,250
Stock: £2,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be 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 in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The British Flag has plenty of scope to develop its offer further such as an excellent real ale offer, tasty back bar food options and live entertainment. Making more use of the attractive rear garden is also key here. The spacious layout of the trade area, lends itself to welcoming pool and darts teams and this could form a beneficial and additional revenue stream for the business.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
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.
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