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Forester Chigwell

Pubs & Bars • Burrow Road, Chigwell, Greater London IG7 4NH Management opportunity
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Summary

The Forester is a fantastic pub which benefits from being part of a housing estate between Chigwell and Hainault on the Essex/east London border. This is a large pub with a good-sized footprint– there is a car park (approx.

Description

The Forester is a fantastic pub which benefits from being part of a housing estate between Chigwell and Hainault on the Essex/east London border. This is a large pub with a good-sized footprint– there is a car park (approx. 15 spaces), a good-sized partially covered patio a small garden to the rear of the pub and a large, paved area to the front. Inside, the pub has a horseshoe bar which serves a large bar which is split into two zones, the main bar has circa 35 covers -including a snug area and the other side has approx. 22 covers and has more of a sport feeling, this area is currently used for any parties or functions. This pub does not have a trade kitchen and has for the last 9 years been run as a value lead wet pub, we have decided that it is time to move away from this retail proposition and explore new trading ideas. 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 • An exciting opportunity is in a sought-after area. • Great space inside and out. • Large accommodation. • Ability to change the retail offer 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): £336,963 • Forecast turnover (annual): £336,962 Ideal Operator I am seeking an experienced publican who knows the area and can understand what this pub needs to signal a change to the retail offer. This pub has been with the same family for several years and has benefitted from the stability that this has bought, therefore I am looking for someone who will be able to continue to serve the community and be the go-to pub in the area– there is limited competition in the area. Private Accommodation The private accommodation has 7 bedrooms, a lounge, a Kitchen, 2 bathrooms and a separate toilet - there is separate access from the rear of the pub. Regional Manager's Thoughts This is a really exciting opportunity for the right person to take over the established trade and community with the ability to put their mark on the retail offer. The area is a great area to live and with the limited pubs in the area, the community need a great pub to socialise and enjoy their leisure time.  Surrounding Area The pub is in the heart of a housing estate but close to main transport links - the central line which goes straight into central London from Hainault for commuter, the area also has main road links such as the A12 which runs into London and Essex and leads to the main motorways. As well as great transport links this area benefits from being close to some lovely areas such as Hainault and Epping forest – this area really has the best of a town feel with being able to step into nature!

Upfront cost

£4,545
Cost type: Upfront

Key facts

Upfront cost
£4,545
Turnover (annual)
£336,962
Rent
£15,000 (annual)

Location

Burrow Road, Chigwell, Greater London IG7 4NH
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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