Overview

Could you run this pub in Harpenden?

The Skew Bridge, located at the heart of Harpenden, is a well loved community pub that has a traditional and open feel. The pub is full of warm wooden furnishings, cosy carpets and classic pub accents. It’s famous among locals for its delicious pub food, cask marque accredited ales and live entertainment. There is great potential to introduce a more quirky offer that locals would be sure to love. The pub is a favourite stop off for walkers and visitors of the area looking for a bite to eat or a refreshing cold drink.

Facilities

The trading area consists of a snug lounge that can cater for up to 28 guests and has its own bar. It is the perfect place for an intimate dining experience or to enjoy a drink and catchup with friends. The pub also boasts a dining area with 32 covers, with an additional bar and tasty food this is ideal for larger group bookings. The pub benefits from a car park with space for up to 12 cars and also has a beautiful beer garden to its rear, which is a hub for locals to connect on a sunny day.

Accommodation

This exciting pub opportunity comes with domestic accommodation that consists of three bedrooms and a private lounge.

About the local area

Harpenden is a picturesque town in the district of St Albans, Hertfordshire, that is surrounded by beautiful greenery. The town has a rural feel but with good transport links to Luton, London and St Albans, you’re not far from the vibrancy of city life. The Skew Bridge sits at the heart of the town, ideally in a visible position just off Harpenden Common, and nestled amongst local housing and flats which allows the pub to benefit from both local and visitor footfall.

This pub may suit

This is the perfect pub opportunity for a Publican with good local knowledge. You will have a passion for deliver a quality food menu in order to maintain the pubs reputation as a foodie destination as well as an exceptional drinks range, with the ability to market a unique offer and potentially introduce something fresh. You will be keen to build relationships with the community in order to continue to provide an offer that locals love as well as drawing in passers by to provide a home from home for all of the Skew Bridge’s guests.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.

You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have a dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or an Operations Manager.

Financial Information

Initial Deposit
£6,000
Full Deposit
£7,371
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures & Fittings Weekly Rent
£43
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£29,486
Forecasted Annual Wet Turnover
£227,765
Forecasted Annual Food Turnover
£65,185
Forecasted Annual Other Turnover
£6,517
Weighted Average Discount Per Barrel
£131
Agreement
5 Year Tenancy

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