The Beehive, Welwyn Garden City
Sales Share

The Beehive, Welwyn Garden City

  • The Beehive, Welwyn Garden City gallery image
  • The Beehive, Welwyn Garden City gallery image
  • The Beehive, Welwyn Garden City gallery image
  • The Beehive, Welwyn Garden City gallery image
Gallery View

Key Highlights

  • Complete Internal & External refurbishment planned pre opening
  • Potential profit in the region of £40,000 per annum
  • Private car park with capacity for circa 65 vehicles
  • Pub sports area with TV & separate area for dining with capacity for c110 food covers on separate levels
  • Dining courtyard (30 benches) and extremely large beer garden with further benches

Pub Overview

This classic 18th century venue, loved by many Welwyn locals and visitors to the town alike, was previously operated under a steak house concept named Cooper's Grill House. Closed since the Pandemic in March 2020, the pub will have a major investment to refocus the business on the local community with traditional Pub sports, sports TV and a traditional food menu estimated at 75% to 25% wet led. The pub will be completely revamped internally with quality furnishings separating areas for sports, relaxing and dining. The plans include extensive works on the garden to give customers a great area to eat or drink in the fantastic British weather!

Suitable Applicants

We are looking for a Sales Share operator!!

The Beehive is a large, multifaceted business and as such needs an experienced operator to manage it successfully and build sales and profits. Given the size of the business it is essential that potential new licensees have a high level of commercial acumen. To reach the potential sales, our new operators will need to be able to very actively promote and market the business.

Financial Overview

ANTICIPATED INVESTMENT REQUIRED

We estimate the Investment required for this pub would be as follows:

APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings
£9,000
Security Deposit
Payable in advance to Wells to cover charges incurred by your business  (If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors)
£6,000
Training Course Fees 
 Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people
£550
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement
£450
Working Capital
Minimum working capital required
£2,000
Stock & Glassware
In the region of to cover the value of opening stock
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings.
Advanced Rent
In the region of (usually 1 month)
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)

Ongoing Costs

Service Charge
Payable monthly, to include: Cellar cooling service, Extract clean, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only).  Electrical Test (tenancies only)
£2,629
Accountancy Services
Fees for a nominated accountant (in the region of)
£3,905
Stocktaking Services
Six professional stocktakes per annum recommended
£960
Rent
In the region of (payable monthly in advance)
£0
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Beehive Lane, Welwyn Garden City, Hertfordshire, AL7 4BW
Neighbourhood Mainstream
Potential Partner Profit £40,000
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team