Peacock St Albans
Summary
The Peacock in St Albans is a fantastic opportunity with a lot to offer! The site has seen a recent internal investment to a very high standard.
Description
The Pub boasts in the region of 20 internal covers with a decent sized commercial kitchen which requires some investment.
To the rear is an external decked area with seating for an additional 20 covers and parking for up to 5 cars. Activity in the pub has and continues to focus on live sports, music, entertainment along with a basic food offering.
Key Features
• Good central location just off of St. Albans High street
• Three-bedroom recently refurbished private accommodation
• Good sized trade kitchen
• Good sized beer garden with decked area
Business & Financial Information
• Estimated ingoings (upfront): £9,545
• Full deposit: £8,750
• Agreement fee: £795
• Guide rent (weekly): £673
• Guide rent (annual): £35,000
• Forecast turnover (weekly): £393,786
• Forecast turnover (annual): £393,786
Ideal Operator
Stonegate is seeking a passionate publican or publicans with imagination who can continue to develop the current offering at the Peacock and drive this site to its full potential.
Private Accommodation
The living accommodation is suitable for a family with two double bedrooms and one single bedroom. There is a sitting room, a separate kitchen, and a bathroom. The accommodation has been recently refurbished.
Regional Manager's Thoughts
The Peacock is a great opportunity just waiting to happen in St Albans. The pub is currently run as a sports bar with basic food menu but could be transformed into a fantastic traditional pub developing the current food offering and continuing to be a great spot for sports and drinks. There is ample room to seat 50 customers and a good sized trade kitchen to be able to deliver a new retail offer.
Surrounding Area
The Peacock is positioned on the busy Hatfield Road and just a five-minute walk from the town centre of St Albans; a unique English Cathedral City full of history and beautiful architecture surrounded by parks and idyllic countryside. Other eating and drinking establishments are plentiful as well as independent shops. The area benefits from good transport links, accessible from the M1 and M25, with London Pancras just 22 minutes away.
Upfront cost
£9,545
Cost type:
Upfront
Key facts
Upfront cost
£9,545
Turnover (annual)
£393,786
Rent
£35,000 (annual)
Location
13 Hatfield Road, St. Albans, Hertfordshire AL1 3RR
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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