BusinessSales.ltd Logo

Crooked Billet Penge Se20

Pubs & Bars • 99 High Street, London, Greater London SE20 7DT Management opportunity
Listing image

Summary

The Crooked Billet is a well-known and much-loved pub nestled in the heart of Penge, South-East London. With its origins dating back over a century, it has become something of a local landmark and retains a strong traditional pub feel, while offering scope for a modern refresh.

Description

The Crooked Billet is a well-known and much-loved pub nestled in the heart of Penge, South-East London. With its origins dating back over a century, it has become something of a local landmark and retains a strong traditional pub feel, while offering scope for a modern refresh. This is the kind of pub that’s woven into the fabric of the community – a place where stories are shared, friendships are formed, and celebrations are had and remembered. The layout lends itself beautifully to a community pub offering, with an informal bar area, a large function space ripe for events (60 capacity), and a pool table to the side of the bar. There’s real potential here to create a lively social hub that caters to all, whether it’s quiz nights, live music, or just a friendly place to watch the match. For the right person, this isn’t just a business opportunity – it’s a lifestyle. You’ll be at the heart of a diverse, vibrant neighbourhood where you can make a name for yourself. Key Features • Boosted Operator Earnings of 20% of net revenue: £64,000 – 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): £320,000 • Forecast turnover (annual): £320,000 Ideal Operator We’re looking for someone who truly understands the power of community and events. This pub needs a hands-on, welcoming operator who thrives on building relationships and putting their stamp on things. If you’ve got experience running pubs like this – great – but what matters more is your passion and commitment to creating something special. You’ll need to be confident in driving daily reasons to visit your site & lead a strong diary of event-led offers, comfortable managing teams and customers, and brimming with ideas to engage the locals. Whether you’re a seasoned publican or someone ready to take the leap into your own venue, this is your chance to shape a pub with real character and possibility. Private Accommodation Upstairs, the private accommodation is a good-sized space that allows for a well-balanced work and home life. It comprises a comfortable lounge, kitchen, bathroom, and two bedrooms – ideal for an individual or couple looking to embed themselves in the local community. Regional Manager's Thoughts The Crooked Billet is one of those pubs that has a bit of magic about it. There’s already a loyal base of locals who use the pub regularly – but there’s so much untapped potential to bring it to the next level. With a refreshed vision and a vibrant operator at the helm, this could become a shining example of what a community pub should be. What excites me most is the scope – the events, the social atmosphere, the community partnerships and charity work we can do here. This is a pub where you won’t just serve pints, you’ll create memories. If you’ve got the heart, the drive and the vision, then The Crooked Billet is ready for you to make your mark. Surrounding Area Penge has undergone something of a renaissance in recent years. With improved transport links and a growing number of young professionals and families moving in, it’s become a real hotspot of Southeast London. The pub sits in a prominent position, surrounded by residential housing, just a stone’s throw from the bustling High Street. It’s within walking distance of both Penge East and Penge West stations, connecting you easily to London Bridge and Victoria, and Crystal Palace Park – one of London’s green gems – is just down the road. This part of London thrives and survives on community spirit, with local events and markets popping up regularly. Footfall is strong, and with the right offer, The Crooked Billet is perfectly placed to become a go-to destination for locals and visitors alike.

Upfront cost

£2,000
Cost type: Upfront

Key facts

Upfront cost
£2,000
Turnover (annual)
£320,000

Location

99 High Street, London, Greater London SE20 7DT
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

Enquire

Message the seller. We’ll forward your details so they can reply directly.
By sending, you agree we may forward your message and contact details to the seller for this listing only.