Griffins Head

FindMyPub.com
Catering Kitchen

FindMyPub.com
Experienced Operator

The Griffin's Head is neatly woven into daily life in Chillenden; it has a good following of loyal locals from the surrounding villages who pop by regularly for a drink and catch up, together with regular custom from the local farmers. It is well known for its hugely popular Vintage Car Meet on the first Sunday of every month, together with its great range of events, including a family-friendly Easter Bank Holiday weekend, ladies’ days, and live rugby screenings.

Day to day, the pub operates seven days a week from 12 noon onwards, and it provides its customers with an elevated, quality pub menu that centers around traditional, home-cooked country fare. Hearty seasonal dishes are paired with an extensive wine list in the autumn and winter, and a lighter spring and summer menu is available, making best use of the outdoor bar and BBQ area.

The Griffin's Head would ideally suit a passionate, hands-on chef operator or an experienced restaurateur who can continue to build on the strong existing foundations at the site. It is available from May 26 on either the traditional tenancy model or on a tenanted business partnership agreement.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please note that the Energy Performance Certificate is available from the landlord.

Estimated capital requirements:

• Trading deposit £5,000
• Contract deposit (Refundable on day of change) £500
• Maintenance scheme (Plus monthly payments of £50) £1,000
• Inventory (Estimated post-refurbishment subject to an independent valuation by a trade broker and stock taker) £20,000
• Stock, glass & crockery (Estimated subject to an independent valuation by a trade broker and stock taker) £4,000
• Training deposit (£500 Refundable on completion of training) £1,000
• Utility package deposit (Approx. cost, applicable subject to agreement type) £TBC
• Technology pack deposit (Approx. cost, applicable subject to agreement type) £TBC

Working capital £5,000
Total estimated ingoing charges £36,500
Minimal capital considered £16,500

A lower minimum amount of capital may be considered, provided that there is a strong business and financial reason to support this during the application process.

Fixed Rental Structure:

• Year 1   £37,700             
• Year 2   £38,480             
• Year 3   £39,312             
• Year 4   £40,196            
• Year 5   £41,080      

This pub is being offered on a Standard Tenancy Agreement with a fixed 5-year rental structure. This agreement is covered by the ‘Landlord & Tenant Act’ 1954 Part II. This is a fully tied agreement across all beers, cider, wine, PPS, spirits, and minerals.