Old Bell Gate Hemel Hempstead

The Old Bell Gate is a two-room community pub on the outskirts of Hemel Hempstead's 'Old town'.

The internal trade space offers customers two separate areas; the snug area offers locals a more intimate experience with around 10 covers, whilst the larger bar boasts a pool table, dart board and TVs to broadcast live sports with around 20 covers. The external area consists of a good sized partially covered patio garden area to the side and a car park to the front and side for up to 5 cars. Whilst the business could benefit from further investment, it is in good and sound trading condition. Key Features • Community pub with cosy and traditional décor • A good sized indoor and external trade area • Beer garden with additional covers and external bar • Two-bedroom private accommodation ideal for a management couple Business & Financial Information • Estimated ingoings (upfront): £9,045 • Full deposit: £8,250 • Agreement fee: £795 • Guide rent (weekly): £635 • Guide rent (annual): £33,000 • Forecast turnover (weekly): £392,118 • Forecast turnover (annual): £392,118 Ideal Operator Stonegate Pub Partners is seeking an experienced and community focused retailer to take on this pub. After an unfortunate high turnover of operators recently the business requires somebody or a management couple with a proven track record of developing sales and growing the local customer base Private Accommodation The 1st floor private accommodation consists of two bedrooms, a lounge, office and bathroom. Please note that there is no domestic kitchen in the upstairs accommodation.  Regional Manager's Thoughts The Old Bell Gate has traditionally been a locals' drinking pub featuring live sports, pool, darts and a great outside drinking terrace. The main bar area can easily facilitate events such as live music with a natural stage set-up. The pub has a large catchment area of houses and its proximity to the Old town allows a healthy amount of footfall.  There is a small domestic kitchen behind the bar which will allow currently for a basic food menu. With further investment in this area however a more comprehensive food menu could be offered. In summary, the Old Bell Gate has a fantastic scope for development in which to create a real hub of the community. Surrounding Area Hemel Hempstead is a large commuter town on the edge of the M25 and M1. Largely off the beaten track, the pub is located in a densely populated residential area a short walk away from the Old town area of Hemel. There has historically been a steady flow of local as well as passing trade from commuters nearby.