FindMyPub.com
No Private Accomodation
Property details
This impressive town-centre bar and restaurant sits in a prime location right next to the Odeon cinema, making it a go-to destination for food, drinks, sport, and late-night entertainment in Colchester.
The venue has a modern, open-plan layout with over 100 covers. It features a large main bar, fixed booth seating, and a flexible mix of freestanding furniture. To the rear, guests can enjoy stadium-style seating facing a giant screen — a real focal point for live sport and major events.
By day, it operates as a casual bar and dining spot, perfect for relaxed meals, catch-ups, and daytime sport screenings. By night, the energy shifts, transforming the space into a vibrant late-night venue with DJs, themed events, and weekend parties.
The trade kitchen is well-equipped and currently supports both an in-venue food menu and a “dark kitchen” delivery model, adding an additional revenue stream.
This is a lock-up business offering strong trading potential and plenty of scope for a creative operator to build on its proven success. Whether you focus on sport, food, or nightlife, this is a versatile hospitality opportunity in one of Colchester’s busiest entertainment districts.
Private Accommodation
This is a lock-up business with no private accommodation.
FindMyPub.com
Catering Kitchen
FindMyPub.com
Live Entertainment
FindMyPub.com
Live Sports
FindMyPub.com
Experienced Operator
Trading style
Walkabout will no doubt attract a lot of interest; however, it is important that they work with an experienced, successful operator who has a proven track record in operating, maintaining, and building on this type of multifaceted business.
Key financials
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Reference Number:
FH4FW1 / 183253
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£19,585.00
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Annual Rent:
£75,000.00
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: | £1,382,655 pa |
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| Forecast Wet Turnover: | £1,047,683 |
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| Forecast Dry Turnover: | £116,415 |
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| Forecast Other Turnover: | £218,556 |
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| Guide Rent Annual: | £75,000 |
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Financial Details
| Full Deposit: | £18,750 |
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| Potential Full Tie Release Fee: | £5,750 |
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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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