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Beer Garden
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External Drinking Area
Property details
Newgate Street is a desirable Hertfordshire village surrounded by countryside while remaining within easy reach of Cheshunt, Hertford and the M25. Positioned close to the Hertfordshire Way and extensive woodland, the area attracts those looking to enjoy village life while remaining well connected to London and the surrounding towns. The affluent local catchment provides a strong platform for a quality village pub with food, drink and community at its heart.
The vision for the business is centred around becoming the village’s go-to pub, known for great drinks, quality cask ales, a strong weekly rhythm of events and one of the best Sunday roast experiences in the area. Cosy activities such as quizzes, cheese and wine evenings and community gatherings will play an important role in creating reasons to visit throughout the week.
Currently arranged as one large trading space divided by a central fireplace, the planned investment will help create two distinct personalities within the pub. One side will lend itself to relaxed drinking, pub games and social occasions, while the other will provide a comfortable dining setting.
Outside, the pub benefits from a garden that will be further enhanced through investment, creating a more inviting space for outdoor dining, social occasions and summer events. The site also benefits from customer parking.
The pub includes private on-site accommodation, comprising four bedrooms, a kitchen and a lounge.
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Catering Kitchen
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Team Games
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Live Entertainment
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Live Sports
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Experienced Operator
Trading style
The Crown sits in the Hertfordshire village of Newgate Street, offering the opportunity to run a proper village pub in an affluent countryside location.
Subject to full approval, The Crown will benefit from significant investment designed to restore the character and atmosphere of a traditional village pub. Planned works include new décor, furniture and signage, alongside improvements to the garden with the addition of a pergola and further seating.
The vision is to create a warm, welcoming pub with a strong identity, combining quality drinks, a well-presented environment and one of the area’s best Sunday roast offers.
This opportunity will suit a hands-on publican or partnership who understands what makes a great village pub.
Someone with a passion for quality drinks, cask ale and hospitality will do well here, alongside the ability to build a strong weekly rhythm of events and social occasions. Experience delivering a consistent food offer would be beneficial, particularly around Sunday roasts, which form an important part of the vision for the site.
A publican who can create a warm, welcoming environment, build local relationships and bring character back into the business will be well placed to make the most of this opportunity.
Key financials
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Reference Number:
9MTS0A / 201192
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£6,375.00
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Annual Rent:
£24,000.00
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.
Financial Information:
- Deposit = £6,000
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures & Fittings Weekly Rent = £38
- Working Capital = £6,000 - £8,000
Business Information:
- Annual Rent = £24,000
- Forecasted Annual Wet Turnover = £248,883
- Forecasted Annual Food Turnover = £62,580
- Forecasted Annual Other Turnover = £3,978
- Agreement = Flexible Tenancy