Jack & Jenny
Jack & Jenny
113 Hatfield Road,
Witham,
Essex,
CM8 1EE
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Description
The Jack & Jenny is a substantial road house on the old main road outside the town of Witham. The pub has had a major capital scheme complteted in 2008. It has a large conservatory with approximately 100 cover food area. There is good parking and a garden area.
Letting Details
Description & trading style
This is a large "road side pub" with an extensive dining area. It was substantially upgraded in the last few years. It is an ideal location for a family friendly food offer.
Location & local amenities
It is just off the main A12 road between Chelmsford and Colchester. It has a prominent position just outside the town of Witham.
Accomodation
Trade: L shaped bar area with 100 cover conservatory area.
Private: 2 bedrooms, living room, bathroom and kitchen.
Current & future markets
It has traded as a pub with a value food offer and carvery. A new operator would be expected to continue with this. The offer needs to be modernised and the furnishings need to be upgraded.
The pub is located near a new housing estate which is due to be expanded.
Requirements
We are looking for an experienced operator with skills to develop and establish new and existing business.
Applicants must have or be able to apply for a personal licence.
Estimated ingoings
Circa £49,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware and loose goods, training deposit, inventory and working capital.
Estimating turnover
You will need to estimate the turnover you expect from the pub.
Guide rent
Headline rent £55,000 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents.
Terms
Three year renewable tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar cooling equipment etc.
Rateable value
Draft 2010 figure £37,500. Please contact the local authority to find out actual rates payable.
Licenses & permits
Sale of alcohol by retail for consumption on and off the premises.
Permitted hours
Mon - Thurs: 10.00am - Midnight
Fri & Sat: 10.00am - 01.00am
Sun: 11.00am - Midnight
