The Wheatsheaf Harpenden
Summary
After recent investment, this site boasts a large open plan one bar operation with ample space for all drinking & dining occasions with a fantastic atmosphere to take in a live sporting event or live music accommodating 160 covers.
Description
After recent investment, this site boasts a large open plan one bar operation with ample space for all drinking & dining occasions with a fantastic atmosphere to take in a live sporting event or live music accommodating 160 covers. It is set in the beautiful setting of Harpenden in Hertfordshire. There is ample kitchen space to deliver a high-quality food offer, it is set on the high street with ample public parking just a 5-minute walk to the local train station.
Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed.
Key Features
• Newly refurbed modern pub style venue
• Very well-refurbed open-plan bar area
• Outdoor space to the front
• Well placed trade kitchen
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): £697,017
• Forecast turnover (annual): £697,016
Ideal Operator
The new publican here must have the ambition to deliver a high-quality food and drinks experience to all local customers with the desire to make the Wheatsheaf the ‘go to’ venue for atmosphere and a premium consistent offer. The experience level isn’t crucial but the ability to lead a small team delivering such as experience is.
Private Accommodation
No private accommodation.
Regional Manager's Thoughts
This site provides a fantastic opportunity for a new operator to develop an exciting premium offer in a truly stunning location, it’s USP is its location along with a warm open plan feel inside. I see a fantastic future for this site and very much look forward to supporting the chosen operator every step of the way.
Surrounding Area
Harpenden, arguably one of the most sought-after towns in Hertfordshire prides itself on its excellent schools and sporting clubs. A notable feature of Harpenden is its abundant parks and commons. The central area of Harpenden, known locally as “the village” is characterized by Church Green, Leyton Green and the High Street Greens, which give the town its provincial feel. Just to the south of the town centre is Harpenden Common, stretching from the shops in the town centre for more than a mile to the south, encompassing a total of 238 acres. Harpenden is well noted for its fast train service to St. Pancras International, and for the motorist, junction 9 of the M1 motorway is just 3 miles in distance.
Upfront cost
£9,545
Cost type:
Upfront
Key facts
Upfront cost
£9,545
Turnover (annual)
£697,016
Rent
£35,000 (annual)
Location
9 High Street, Harpenden, Hertfordshire AL5 2RT
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.