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George Iv Woolwich Se18

Pubs & Bars • 120 Rectory Place, London, Greater London SE18 5BY Management opportunity
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Summary

The George IV, situated in the heart of Woolwich, is a well-established local favorite. The pub's interior and exterior has been recently renovated, creating a stylish and inviting atmosphere.

Description

The George IV, situated in the heart of Woolwich, is a well-established local favorite. The  pub's interior and exterior has been recently renovated, creating a stylish and inviting atmosphere. The pub boasts a spacious main bar area, a dedicated function room for private events and live music, and a charming beer garden perfect for summer enjoyment. The George IV has a loyal customer base and is well-positioned to become a thriving community hub. Benefit from the expertise and resources of a leading pub operator, Craft Union. As the new operator, you will have the opportunity to shape the future of a historic pub, implement innovative ideas and promotions, build strong relationships with local businesses and residents, and maximize revenue through diverse offerings, including sport, drinks and events. Key Features • Boosted Operator Earnings of 20% of net revenue: £50,000 – and that's just the baseline! • Supercharge Your Income: Take home an additional 10% of profit above budget when you manage a high-volume pub! This bonus recognises the extra effort required to run a thriving pub. • Important Note: We do not ask you to invest your own money into the pub. You simply pay a £2,000 bond. • Become a Craft Union Star: Increase your income by becoming a centre of excellence. • Free BII Membership • Be the Best: Win an all-expenses-paid trip to our yearly operator awards! • Join a Growing Family: Be part of Craft Union's rapidly expanding estate, partnering with the UK's biggest pub company. • Rent-free Accommodation (where applicable) • Full Utilities Paid: Gas, Electric & Water (for the entire building, including the accommodation) • Cost of Sky & TNT Sports Included (pay-per-view events agreed upon with your Regional Manager) • Security & Entertainment Packages Available (as agreed with your Regional Manager) • Business Rates Covered • Dedicated Support of a Regional Manager: Get ongoing guidance and support to develop your pub's proposition and build strong community engagement, leading to boosted sales opportunities. Business & Financial Information • Estimated ingoings (upfront): £2,000 • Full deposit: £2,000 • Forecast turnover (weekly): £250,000 • Forecast turnover (annual): £250,000 Ideal Operator The ideal operator will be enthusiastic about creating a hub of the community, running events throughout the year and giving locals more reasons to visit and stay for longer. Live sport on the TVs will form a key part of the business, but in addition to this, you will bring the community together to create a strong rhythm of the week in the pub. Private Accommodation There is a 3 bed accommodation upstairs in very good decorative order. Regional Manager's Thoughts This is an exciting opportunity for someone local to forge a really strong business. All the parts are in place within the pub, and now it just needs the right person with the ideas and enthusiasm to turn this into a successful business with a great environment and atmosphere in the pub. Surrounding Area Woolwich is a diverse area of South London and the pub is surrounded by plenty of housing, meaning that the majority of trade will be walked to regular customers, although there is also parking for 5 cars behind the pub.  There are no other pubs in the immediate vicinity so forging good links with the local community will ensure a strong, regular and loyal trade.

Upfront cost

£2,000
Cost type: Upfront

Key facts

Upfront cost
£2,000
Turnover (annual)
£250,000

Location

120 Rectory Place, London, Greater London SE18 5BY
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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