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Beer Garden
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External Drinking Area
Property details
The Bull is an attractive and characterful traditional pub occupying a prominent position close to the summit of Shooters Hill in London. The building has considerable history, dating back to the 18th century with the present building rebuilt in 1881, and is Grade II listed.
Internally, the pub is arranged entirely at ground-floor level around a central bar servery, serving two distinct trading areas. The layout allows the areas to develop slightly different atmospheres while remaining easily managed from the central bar.
The pub has benefited from significant recent investment and has been fully redecorated internally, alongside improvements to the external decoration. The garden has also received investment, giving the business good-quality external trading space.
A particularly useful addition in recent years has been The Hill Top Coffee Shop, incorporated into the side of the building with its own covered seating area. This provides an additional income stream outside traditional pub trading occasions and broadens the site's appeal during the daytime.
Private Accommodation
The private accommodation is situated above the pub and extends across two floors. It has recently been fully refurbished to a high standard, providing excellent living accommodation for an incoming operator.
This is a significant benefit to the overall opportunity, particularly when combined with the investment already made throughout the trading areas, exterior, garden and coffee shop.
FindMyPub.com
Live Entertainment
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Experienced Operator
Trading style
The Bull would suit an experienced and energetic operator who can maximise what is effectively a multi-daypart business. The traditional pub remains at the heart of the opportunity, but the addition of Hill Top Coffee Shop creates a genuine opportunity to attract customers from breakfast and daytime onwards before transitioning into the core pub trade later in the day.
An operator with strong community credentials would be particularly well suited. There is scope to develop sports, live entertainment, events and traditional wet-led trade while making full use of the garden and ensuring the coffee shop continues to operate as a complementary and commercially valuable part of the overall business.
The ideal operator should therefore be comfortable running more than simply a traditional wet-led pub and recognise the opportunity presented by having different reasons for customers to visit throughout the week and at different times of day.
Key financials
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Reference Number:
FH4FW1 / 030374
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£12,710.00
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Annual Rent:
£47,500.00
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: | £531,031 pa |
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| Forecast Wet Turnover: | £445,423 |
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| Forecast Dry Turnover: | £85,607 |
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| Guide Rent Annual: | £47,500 |
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Financial Details
| Full Deposit: | £11,875 |
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| Potential Full Tie Release Fee: | £50,500 |
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| Agreement Fee: | £835 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £96 pw |
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