George & Dragon

The George & Dragon in the village of Graveley, Hertfordshire is a well presented food led pub, operating at a sales split of 60/40 in favour of food. The pub historically has had a strong food offer and needs to have to focus on this area as a main part of the offer.

This needs to be a food destinational pub run by a partner who can optimise key calendar occasions and manage a business which has a large outside space in the summer. The pub has a large restaurant (circa 40 covers) along with a pleasant snug area and less formal area outside, where there is a patio area and a top garden with pergola. This is a fantastic pub which has some great facilities and trading areas, as well as boasting great curb appeal. The kitchen is well equipped and well sized, meaning a good quality food offer is certainly possible. The pub has been decorated to a good standard meaning that it is ready to open and trade. We are seeking an experienced publican/family/couple who has the ability provide a great food offering and utilise all of the space that this pub has to offer. Key facts • Annual rent: £60,000 • Upfront cost: £35,000 • Forecasted operator turnover: £647,859 • Forecasted operator profit (inc machine): £59,243 • Type of tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List • Machine product agreement: Unrestricted (100% to licensee) Entry costs Entry cost is approximately £35000 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings. Trading space This is a beautiful building with brickwork on the front. When you walk in from the street you are greeted with an attractive bar, which is where you will find the less formal eating area and snug. The restaurant is to the left which leads onto the patio area. The well equipped and nicely sized kitchen is to the rear. Externally there is a large car park, with garden which is separate from the pub, although there is a patio terrace behind the pub as well. Private accommodation The accommodation comprises 3 bedrooms, lounge, kitchen, bathroom and office.