FindMyPub.com
Coastal
Property details
Papillon is an established wet-led pub in Southend-on-Sea, offering an exciting opportunity for an experienced and ambitious operator to take on a well-positioned business with significant potential.
The pub benefits from a prominent location and a strong trading area, with approximately 100 internal covers and a small external area to the front of the property. The current business is predominantly wet-led, providing an excellent platform for an operator who can build on the existing trade while developing the overall customer offer.
As part of this opportunity, a significant investment is planned for the pub. The investment will provide the incoming operator with the opportunity to relaunch and reposition the business, creating an attractive and contemporary venue designed to maximise its potential within the local market.
They are looking for an operator with the experience, energy and vision to make the most of the investment, establish a strong local reputation and drive the business forward for the longer term.
Private Accommodation
Spacious accomodation directly above the pub overlooking the sea
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Team Games
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Pool Area
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Live Entertainment
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Live Sports
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Experienced Operator
Trading style
They are looking for an experienced and enthusiastic operator who can maximise the potential of this established wet-led business. The ideal candidate will have strong knowledge of driving drinks sales, creating a welcoming atmosphere and delivering consistently high standards.
They will be commercially focused, confident in marketing and events, and able to build a strong local following while also capitalising on Southend’s visitor trade.
Key financials
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Reference Number:
FH4FW1 / 019048
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,460.00
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Annual Rent:
£42,500.00
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.
Business Details
| Forecast Turnover: | £562,077 pa |
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| Forecast Wet Turnover: | £556,443 |
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| Forecast Dry Turnover: | £5,634 |
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| Guide Rent Annual: | £42,500 |
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Financial Details
| Full Deposit: | £10,625 |
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| Potential Full Tie Release Fee: | £63,500 |
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| Agreement Fee: | £835 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £72 pw |
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