The Crown is situated in the town centre of Waltham Abbey, which is a popular market town located in the Epping Forest area of Essex, a short distance from Cheshunt (3 miles), Enfield (5 miles), and Central London (15 miles).
The public house fronts ‘Romeland’ leading to blocks of residential properties fronting a large car park. It is set back one building from the corner of Highbridge Street, which is the main busy road through the town. Immediately surrounding are independent occupiers including an off licence, beauticians, an Indian restaurant, Waltham Abbey Town Hall, and Waltham Abbey Town Council. Behind the pub is Waltham Abbey Church, leading towards the pedestrianised Sun Street with occupiers such as Co-op, Dominos, Greggs, Ladbrokes, and a mix of predominantly independent restaurants and retailers.
Internally, there is a central trading area with 38 covers and bar servery to the left side wall. To the right-hand side is a snug area with 10 covers with sofa seating and access to the external trade paved area with benched seating for a further 28 covers. Customer toilets are located to the rear and the trading areas are in a good condition, decorated in a traditional public house style with beamed ceilings and a fireplace with exposed brickwork walls. There is also a small commercial kitchen in use with a storage area and bin store. There is a beer garden to the rear and side of the pub with bench seating.
The private accommodation is newly decorated and in a good condition and consists of a reception room, three double bedrooms, a bathroom, a separate WC, and a domestic kitchen. The Crown is a traditional local pub with a value pub grub menu, traditional bar snacks, and Sky TV/live sports. The local darts team enjoys using the darts throw to the front side of the pub and there are regular quizzes/DJs/cocktails and pub games that form part of the offer. There is room to improve on the basic food offer but wet sales will always dominate including the provision of good quality cask ale.
Ingoing Cost: £5,000
Annual Rent: £18,000
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Length of Tenure: TAW moving to 5 Year Tenancy
Agreement type: PART TIED – FOT Wines, Spirits & Non-Postmix Minerals. Rent: £25,000 Ingoings: £5,000
The successful applicant(s) will be outgoing, lively, personable, enthusiastic, and driven, and will be as passionate as the pub company about creating something special within the community. They will need a proven track record in operating successful community/town-centre pubs, running events, utilising social media, maximising footfall for sporting events, booking live artists/bands, creating promotional/marketing plans, developing a successful food business, and establishing a strong position within the community, all whilst developing/leading a great in-house team.
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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