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Sutton Arms Hornchurch

Pubs & Bars • 14-16 Station Lane, Hornchurch, Greater London RM12 6NJ Management opportunity
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Summary

Superbly located in the heart of Hornchurch the Sutton Arms is well known as the place to watch live sports, socialise and party! A rare opportunity has arisen to acquire the site on a new 5-year Tenancy Agreement.

Description

Internally you will find a multi-zoned ground floor open plan trade area which is perfect for creating both a high energy night-time entertainment vibe yet also a lower key daytime environment great for getting a drink and bite to eat with friends and socialising throughout the day. A 10meter bar sits on the left in the middle of the venue giving plenty of access points for busy service. The open plan layout comfortably accommodates circa 130 seated covers across its mix of 7 fixed booths (all with TVs), banquets, high stools, and bar tables with room for dancing and socialising, total capacity is circa 400 depending on layout adopted. The premises enjoy the opportunity of an 1am licence on Thursday, Friday and Saturday. Weekly activity is focused on Sports TV events, a weekly quiz night, with entertainment focused on a weekend DJ along with the occasional themed event and promotional evenings. A fully fitted trade kitchen not only serves the on-site dining trade but also successfully hosts a “Dark Kitchen” operation, our agreement allows the successful operator the same flexibility should they wish. Key Features • already established busy sports focused and late-night entertainment venue • a prime location that is popular with town centre users, daytime visitors, post work socialisers and those on a Big Night Out • rare venue with late license which doesn’t come to the market often • fully fitted trade kitchen with potential to develop food offer and "dark kitchen" options • although ready to go this could be a blank canvas and a great opportunity to change the offering Business & Financial Information • Estimated ingoings (upfront): £13,295 • Full deposit: £12,500 • Agreement fee: £795 • Guide rent (weekly): £962 • Guide rent (annual): £50,000 • Forecast turnover (weekly): £18,119 • Forecast turnover (annual): £942,174 Ideal Operator This business will appeal to many people however we are seeking an experienced entrepreneurial operator who has the vision to see beyond the current branded operation and turn this venue into a fantastic multi-facetted business. You will already be a successful proven operator with a history in developing and delivering town centre operations, food, drink, and entertainment that meet the local market opportunity. This bar although already to go is a blank canvas, it has great space and facilities which combined with your experience, ideas and enthusiasm will create a fantastic winning offer that appeals even more to the local business and residential markets. Private Accommodation Two 2Bed self-contained flats accessed from the rear of the premises. Regional Manager's Thoughts This is the first time The Sutton Arms has been available to the Tenancy Market and a fantastic opportunity for an entrepreneurial operator to make their mark and take on an already great site and develop it into an even more fantastic one, such an opportunity very very rarely comes up! This truly is an opportunity not to be missed and due to the high level of interest expected I strongly recommend that you contact us promptly to avoid any disappointment. Surrounding Area Hornchurch Town Centre is a vibrant, bustling, busy area across the week and especially at weekends with office workers and locals of all ages visiting to shop, eat, drink, and socialise. The Sutton Arms is superbly located in the heart of the Town Centre and although it has no parking there are plenty of town centre parking options available nearby.

Upfront cost

£13,295
Cost type: Upfront

Key facts

Upfront cost
£13,295
Turnover (annual)
£942,174
Rent
£50,000 (annual)

Location

14-16 Station Lane, Hornchurch, Greater London RM12 6NJ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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