The Gate
Bricket Wood

The Gate

  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
  • The Gate gallery image
Gallery View

Key Highlights

  • Well presented with great kerb appeal and parking on site for patrons
  • Commercial kitchen in place to support food offer and growth
  • Good external space for drinking & dining including room for Marquee
  • Picturesque location with destination appeal but still close to residental areas in Bricket Wood
  • Private accommodation comprising of a self contained 3-bed flat with kitchen and bathroom

Pub Overview

The Gate is very well presented village pub finished to a high level and ready to accelerated trade with a well equipped commercial kitchen, large garden to the rear and good sized car park to the side. The pub is a single bar operation that offers a relaxed and inviting customer experience. The Garden to the rear has space for a marquee and also has an outside bar to support fair weather trading. The Pub has a friendly layout creating a very warm and cosy atmosphere.

Suitable Applicants

Experienced pub operators are required with experience in both the wet and food side of the pub 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
£30,000
Security Deposit
Payable in advance to Wells to cover charges incurred by your business - trading as a Ltd Co
£11.250
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
£10,000
Stock & Glassware
In the region of to cover the value of opening stock
£5,000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings
£800
Advanced Rent
In the region of (usually 1 month)
£3,750
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)
£20.000
ANTICIPATED RETAINED INCOME
Drink Sales
60%
Food Sales
40%
Accommodation
0%

FMT = Fair Maintainable Trade

Ongoing Costs

Service Charge
Payable weekly, to include: Cellar cooling service, Extract clean x 3, Buildings insurance, Fire Compliance, Boiler maintenance & Electrical Test (tenancies only)
£4,000
Accountancy Services
Fees for a nominated accountant (in the region of)
£4,254
Stocktaking Services
Six professional stocktakes per annum recommended
£1,356
Rent
In the region of (payable weekly in advance)
£40,000
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Station Road, Bricket Wood, St Albans, AL2 3PW
Destination community food
Total Investment 20k - 30k
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team or submit an enquiry form.