Northumberland Arms

At the top of Tottenham Court Road on the corner of the junction with Grafton Way sits The Northumberland Arm.

At the top of Tottenham Court Road on the corner of the junction with Grafton Way sits The Northumberland Arm. This historic famous pub enjoys a 1am licence across the week and is a real locals favourite with the workers and residents of the Bloomsbury and Fitrovia neighbourhood and tourists alike. You enter the pub from the central doors on the right-side elevation into the centre of the bar with the Oak clad bar servery immediately in front of you set on the rear left. This is a characterful compact bar that is light, open and airy set out with a mix of bar stools, tables and chairs for approx. 44seated covers and a total internal capacity of 70. Externally there are 14 seated covers within the Iron railed terrace either side of the central entrance doors. There are three more floors to this site which are accessed from a central spiral staircase behind the main bar currently used for the office, storerooms, and staff facilities and with a trade kitchen on the top floor with a dumb waiter down to the bar servery. 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. Stonegate empowers you to maximize endless opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • High footfall prime central London location, popular for daytime visitors and evening dwellers • Traditional London pub, full of character and characters • Great opportunity to change the offering, although ready to go this is also a blank canvas! Business & Financial Information • Estimated ingoings (upfront): £27,045 • Full deposit: £26,250 • Agreement fee: £795 • Guide rent (weekly): £2,019 • Guide rent (annual): £105,000 • Forecast turnover (weekly): £1,023,394 • Forecast turnover (annual): £1,023,393 Ideal Operator We are seeking an experienced independent single/multiple operator who has the vision to develop this already great city centre pub with all its features to maximise its potential and appeal to the local business, residential and tourist markets. You will be a successful proven operator with a history of developing and delivering city centre operations, food, drink and entertainment that meet the local market opportunity. Private Accommodation This is a lock-up operation, there is no accommodation at this site. Regional Manager's Thoughts This is the first time in many years that this pub has become available for a Tenancy Agreement. The Northumberland Arms enjoys a great reputation as a “local in the heart of the city” and is a great opportunity for an independent operator to make their mark and take on an already great pub, add their touch and develop the site into a fantastic offer, such a gem of an opportunity very rarely comes to the market. Although ready to go as a “turnkey operation” this site could also be considered a blank canvas and a great opportunity to change the offering, it is an opportunity not to be missed!  Surrounding Area The Northumberland Arms is just 100 metres from Warren Street Underground Station and 600 metres from Euston Rail Station. This is the heart of the Bloomsbury/Fitzrovia neighbourhood in the centre of London and a multitude of shops, offices, schools, universities, hotels, museums, cafes, restaurants and bars are all around. The Northumberland Arms is popular with the local office population, the students and staff of the close by University College Hospital amongst many others.