The Oak is a double fronted traditional village pub and is originally from 17th century and has been extended in a number of places over the years to create the different trading zones, but is still packed with charm and character. Stanstead Abbots is a pretty village on the River Lea, near the A10 and A414 trunk routes approximately 5 miles north of the M25. It's closest towns are Ware, Hertford and Harlow which are all in the county of Hertfordshire. The pub sits perfectly in the middle of the village high street, opposite a public car park and a children's' play area, where there are well connected local bus services and where there is access to the the river where you can enjoy walks and recreation. The train line also goes through the village, with 2 trains per hour to London Liverpool Lime Street. Stanstead Abbotts is a traditional and well kept village with around 590 houses and 2000 residents, an is supported by an active parish council. There are also other small villages close by and the approximate house price in the area is circa £500k, making it a relatively affluent area due to its country life feel and its proximity to London with the train/transport access.
Pub Layout
There are 2 entrances to the trade areas – the first is at the front which is accessed from the high street, and the second is at the side of the building, which is accessed via a side street. There are a couple of small bistro style tables outside the pub, next to the main front door. perfect for al fresco drinking and watching the world go by. As you enter the pub from the front, the trade area opens up to the left and right. Set out with a mixture of low and high level tables and chairs, the character of the old building becomes wonderfully apparent. Moving further into the pub you find small snug areas which are great spaces for a quiet drink, or small groups to gather. The bar is an L shape in the centre of the trading area, with kitchen, small office and cellar further behind in the private areas as well as access to the accommodation. As you move to the rear of the pub you can access the toilets, and get out to a small enclosed courtyard area.
There is a lounge, 2 well sized bedrooms, a small office area within the communal space, and bathroom situated in the private accommodation.
Annual Rent: £TBC
Starting rent of £200 (net) per week
Security Deposit: £5,000
Working Capital: £4,000
Stock: £4,000
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 Oak needs to be both the hub of the village community and have a good pub grub food offer to attract custom from outside of the immediate village vicinity, which will in turn, provide an additional revenue stream increasing dwell time. Hero dishes for key trading periods such as Sunday lunch would go down a treat as well as an active rhythm of the week. Traditional hospitality will be the key to success here, someone with a presence to engage the custom base and someone who has a good knowledge of cask ales, well ranged wines and spirits will be vital. The outside area has potential to be more welcoming if softened and made more accessible. Sports teams could also be a great feature at the Oak and will bring another stream of regular custom if approached correctly. This is a cracking pub, but it needs leadership and consistency. We believe there is a lot of potential here, but a well qualified and funded individual or couple would be ideal, however we would also consider an established multiple.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
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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
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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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