FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Function Room
FindMyPub.com
No Private Accomodation
FindMyPub.com
Waterside
Property details
Slug & Lettuce Chelmsford presents an exciting opportunity to operate a premium, two-storey town centre venue in one of Essex's most vibrant retail and leisure destinations. The venue benefits from a prominent canal-side position, stylish contemporary décor and a versatile layout that supports a wide range of trading occasions, from daytime dining and casual drinks through to evening celebrations, cocktails and late-night occasions.
The external trading space is a key feature of the business, offering an attractive canal-side setting with approximately 28 covers. The first-floor balcony terrace provides a further premium outdoor experience, with around 40 covers across 10 tables. Benefiting from an excellent sun-catching position, the terrace offers customers a fantastic setting to enjoy the atmosphere of Chelmsford town centre and provides a real point of difference within the local market.
Internally, the venue is arranged over two floors, providing flexibility to create distinct customer experiences. The ground floor offers approximately 100 covers with a combination of booth seating and loose tables and chairs, creating an inviting environment suitable for both food-led and wet-led occasions.
The first floor provides a dedicated cocktail and bottle bar experience with approximately 40 covers and presents a fantastic opportunity for an operator to maximise additional revenue streams through private hire, celebrations, corporate events and exclusive bookings. The space offers the potential to become a destination area within the venue, hosting birthdays, engagement parties, work socials and premium customer experiences.
The venue is well presented throughout, with feature chandelier lighting, stylish décor, decorative wallpaper and an attractive staircase creating a premium and welcoming atmosphere.
Private Accommodation
No private accommodation.
FindMyPub.com
Experienced Operator
Trading style
Slug & Lettuce Chelmsford would suit an experienced hospitality operator with a passion for delivering premium guest experiences and maximising sales across multiple trading occasions.
The ideal operator will understand the importance of atmosphere, service standards and creating memorable customer experiences. They will be commercially focused, able to drive daytime, evening and weekend trade through effective marketing, events and local engagement.
A successful operator will recognise the opportunity presented by the venue's canal-side location, premium outdoor space and first-floor cocktail area, using these assets to grow occasions such as brunches, celebrations, private hires, corporate events and after-work socialising.
This venue would suit an energetic and customer-focused operator who enjoys being visible within the business, developing a strong team culture and positioning this site as one of the leading destinations for food, drink and experiences within the town.
Key financials
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Reference Number:
FH4FW1 / 100222
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£29,545.00
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Annual Rent:
£115,000.00
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: | £1,145,320 pa |
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| Forecast Wet Turnover: | £969,694 |
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| Forecast Dry Turnover: | £172,635 |
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| Forecast Other Turnover: | £2,991 |
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| Guide Rent Annual: | £115,000 |
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Financial Details
| Full Deposit: | £28,750 |
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| Potential Full Tie Release Fee: | £68,750 |
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| Agreement Fee: | £795 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £240 pw |
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