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Horns Watford

Pubs & Bars • 1 Hempstead Road, Watford, Hertfordshire WD17 3RL Management opportunity
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Summary

The Horns Watford is a two-storey detached property on the edge of Watford Town Centre. The pub has a small car park to the side and a patio area to the front comprising of ten bench tables.

Description

The Horns Watford is a two-storey detached property on the edge of Watford Town Centre.  The pub has a small car park to the side and a patio area to the front comprising of ten bench tables. Historically this was traded as a successful and well know live music venue with an open plan bar area and a stage for bands, accompanied by a good quality sound system. The bar accommodated 50 covers seating and 200 standing. Following a change in Publican and significant recent investment, the Horns was re-branded and named Ava Bar; a premium Brazilian-styled dining venue with bar and occassional live music. The site is well situated within a city style vibe and is a great opportunity for the next publican.  Key Features • Well-equipped trade kitchen to deliver a good food offering • Car park to accommodate 5 vehicles  • Private accommodation  • City centre style location  • Late licence  Business & Financial Information • Estimated ingoings (upfront): £12,045 • Full deposit: £11,250 • Agreement fee: £795 • Guide rent (weekly): £865 • Guide rent (annual): £45,000 • Forecast turnover (weekly): £579,740 • Forecast turnover (annual): £579,739 Ideal Operator Stonegate Pub Partners are seeking an applicant who has experience in running a busy late night venue with the ability to attract locals and regulars. In order to succeed, the site needs a unique food offering to compliment the already strong wet-led offer.  Private Accommodation Good condition two-bedroom private accommodation, lounge, kitchen and bathroom Regional Manager's Thoughts Ava Bar has huge potential to be successful as a late-night music venue whilst delivering a unique food offering to enhance the current wet led trade. The new publican needs to have knowledge of the area and be multifaceted to succeed and take the pub to the next level.  Surrounding Area The pub is located close to Watford Junction station with easy access to routes into London. The surrounding area has seen a huge amount of regeneration which continues. The pub is situated on the edge of Watford town centre, opposite the public library and close to the Town Hall and Hertfordshire college. This site is separated from other businesses by busy roads and a pedestrianised underpass.

Upfront cost

£12,045
Cost type: Upfront

Key facts

Upfront cost
£12,045
Turnover (annual)
£579,739
Rent
£45,000 (annual)

Location

1 Hempstead Road, Watford, Hertfordshire WD17 3RL
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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