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Papermakers Ilford

Pubs & Bars • 57 Roden Street, Ilford, Greater London IG1 2AA Management opportunity
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Summary

The Papermakers is a traditional three-storey, wet-led pub in the heart of Ilford. Occupying a prominent corner plot at Roden Street and Riverdene Road, just off the ring road, it enjoys a prime location within a short walk from the busier Cranbrook Road in Ilford town centre.

Description

The pub's main bar area is open-plan, offering an inviting and airy atmosphere while retaining a cozy warmth. The central U-shaped bar is a standout feature, effectively dividing the space into two distinct sides, allowing for a versatile layout that can comfortably accommodate up to 80 covers. This setup makes it ideal for both lively gatherings and more intimate social occasions. The Papermakers has a strong community feel, enhanced by its entertainment offerings, including the ability to have  SKY & TNT sports, space for a pool table, a jukebox, and a dartboard. These features contribute to a vibrant and welcoming atmosphere, making it have the ability to be a popular spot for locals to gather and enjoy a drink while engaging in various activities. Additionally, the pub boasts an enclosed garden to the side of the property, with space for 20 covers. This outdoor area holds great potential to be transformed into a lovely drinking space, offering patrons a pleasant spot to relax in the open air, especially during the warmer months. Overall, The Papermakers presents a fantastic opportunity for someone looking to manage a traditional pub with a strong community focus in a well-connected, central location. Its blend of classic features, entertainment options, and the potential for enhancing the outdoor space make it a promising venue for fostering a loyal customer base in Ilford. 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 • A cosy and traditional pub  • Flexible ingoing costs available • Beer garden with great potential • Four-bedroom spacious private accommodation Business & Financial Information • Estimated ingoings (upfront): £4,545 • Full deposit: £3,750 • Agreement fee: £795 • Guide rent (weekly): £288 • Guide rent (annual): £15,000 • Forecast turnover (weekly): £280,690 • Forecast turnover (annual): £280,689 Ideal Operator Stonegate Pub Partners are seeking an experienced operator to continue the growth of this business, whilst maintaining the current established customer base. Private Accommodation The four-bedroom private accommodation has two bathrooms, a living room, and a bathroom, separated over two floors.  Regional Manager's Thoughts This business offers a fantastic opportunity for the new publican to be able to make their mark in this competitive area, by developing the offer into whatever niche they desire. Stonegate Pub Partners is looking for an operator who can take the Papermakers forward by developing its offer and attracting more of the local and active urban market. This would be a great prospect for both someone new to the trade or an experienced publican. Surrounding Area Ilford is a vibrant area with a lot to offer! Being just nine miles from central London and well-connected via the mainline station is a big plus, especially for those who want to enjoy the perks of London while living in a somewhat quieter area. The blend of a strong commercial and retail centre with residential development likely makes it a dynamic place to live and work.

Upfront cost

£4,545
Cost type: Upfront

Key facts

Upfront cost
£4,545
Turnover (annual)
£280,689
Rent
£15,000 (annual)

Location

57 Roden Street, Ilford, Greater London IG1 2AA
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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