Beer Garden
External Drinking Area
Smoking Solution
Car Park
Restaurant/Dining
Property details
The Plough is located at Elstree, situated on busy crossroads near open park areas and lakes. It is also close to the train station, Borehamwood town centre and the local business park with over 50 permanent businesses. The demographics show only one competitor pub, over a ten-minute walk time away.
The Plough will be undergoing a refurbishment which will cover the interior and exterior of the pub.
The pub's trading area and facilities post refurbishment will be a split trading area with a lounge and 90 internal covers a catering kitchen and smartdispense.
Externally there is a large outdoor space with a covered pergola and a total of 142 covers.
The private accommodation consists of three bedrooms, a kitchen and a bathroom Where required there will be appropriate works carried out in line with the landlords ready to trade promise.
Cask Ale
Catering Kitchen
Trading style
When refurbished The Plough will offer a full range of draught lagers, both premium, and favourite, as well as great wines, spirits, and zero and low alcohol, and mineral options. Quality assorted menu including specials and pub classics. Coffees to increase day trade.
Entertainment throughout the week and weekends such as wine and gin tastings, food special nights and solo artist live entertainment.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the Plough will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food and drinks menu, and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub's next chapter.
Key financials
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Reference Number:
8M9JTW / 2300258101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£62,815.00
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Annual Rent:
£85,261.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £85,261
Estimated Annual Turnover £959,173
Deposit £21,315
Estimated Fixtures & Fittings Value £30,000
Estimated Stock Valuation £8,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £62,815
Estimated Minimum Ingoing Costs £62,815
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.