FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
No Private Accomodation
FindMyPub.com
Restaurant/Dining
FindMyPub.com
Dog Friendly
Property details
This impressive bar and restaurant in St Albans city centre offers an exciting opportunity for an experienced operator to take on a prime hospitality venue in one of Hertfordshire’s most vibrant locations. Situated on Victoria Street, a busy route connecting the train station and city centre, the venue enjoys exceptional visibility and a steady flow of footfall throughout the day and evening.
Inside, the property features a stylish open-plan layout ideal for all-day trade — from brunches and lunches to cocktails, dining, and late-night entertainment. The design combines contemporary finishes with flexible seating and a large bar area, creating the perfect setting for guests to relax, dine, and socialise.
This venue represents a fantastic opportunity to run a restaurant or bar in St Albans, whether as a premium food-led destination, a vibrant evening spot, or a hybrid concept that evolves throughout the day. With its prime location, strong trading history, and adaptable layout, it’s ready for a new operator to make their mark in this thriving city.
Private Accommodation
There is no on-site accommodation.
FindMyPub.com
Catering Kitchen
FindMyPub.com
Live Entertainment
FindMyPub.com
Experienced Operator
Trading style
This fantastic business opportunity demands an experienced Turnkey hospitality/leisure operator for late late-night venue with a food operator. A real 'outside the box' entrepreneurial thinker. Minimal investment needed for fit-out/brand rollout, given it’s an established and fully operational venue.
Event venue hire: with a flexible internal layout and outdoor space, there is scope to further exploit private hire and events (e.g. birthdays, corporate gatherings, brunches).
Upside through promotions/brand activations: given its known name and prime position, seasonal & themed offerings (e.g. summer terrace events, bottomless brunches, late night activations) could drive increased footfall and revenue.
Key financials
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Reference Number:
FH4FW1 / 108733
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£17,085.00
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Annual Rent:
£65,000.00
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.
Business Details
| Forecast Turnover: | £1,000 pa |
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| Forecast Wet Turnover: | £780 |
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| Forecast Dry Turnover: | £220 |
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| Guide Rent Annual: | £65,000 |
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| Turnover Rent Annual: | £41,715 |
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| Turnover Rent (%): Instead of a fixed monthly rent, you'll pay a base rent (guide rent demonstrated above)
plus a percentage of your net turnover (the percentage is demonstrated above). | 4 % |
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Financial Details
| Full Deposit: | £16,250 |
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| Agreement Fee: | £835 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £240 pw |
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