Licensee - Chelmsford
Two Brewers - Chelmsford
Ingoing Costs: £77,795
Annual Rent: £52,500
Annual Turnover: £597,327
The subject of a proposed major refurbishment, the Two Brewers is a distinctive grade II listed building within walking distance of Chelmsford town centre. Surrounded by local shops and businesses, the pub has a strong day time trade and is well known locally for great food, including a Sunday carvery.
The Two Brewers is supported by a broad mix of very strong demographics with a large proportion of high income families, well off retirees and wealthy, child free couples.
The outlet boasts a well-equipped trade kitchen and a large conference/function space. We expect this pub to generate £69,794 estimated annual profit for the lessee*.
The ideal licensee should be an experienced operator with a proven track record in running successful outlets of this type. As good food will form a significant part of the turnover, they should have a catering background, as well as the ability to further develop the multiple income streams already in place.
*Please note there is no Fixtures and Fittings Rental Option available for this site and therefore the actual minimum ingoing costs is higher than normal. The pub is only available on our Long-term agreement - 10, 15 and 20 year terms.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
The living accommodation at the Two Brewers consists of two bedrooms (plus box room), lounge, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.
Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.