In this issue:
Focus on Food Led Pubs p6
Dates for enterpriselive p12
Pub Opportunities Greater London • Spring edition
Did you know you can be rewarded with
£1,500
*
if you recommend a lead who takes a lease or tenancy in an Enterprise pub?
Finder’s Fee Bounty Enterprise has a Finder’s Fee Bounty to reward Publicans who successfully recommend new leads. Do you know someone who is looking to break into the pub industry? If you do, the Finder’s Fee Bounty is a great way for you to help them get into the business and benefit from the recommendation. For more information, contact a member of the Recruitment Team on 0800 953 0072. *Offer available on substantive agreements only, excluding assignments.
Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
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Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
Welcome Becoming a Publican Enterprise is the UK’s leading leased & tenanted pub company, providing you with an unrivalled portfolio of pubs to choose from. All of our agreements allow for flexibility in how you grow your business, whether you take on a Lease, Tenancy or Managed Tenancy. And by combining our award-winning support with your drive and ambition, we can help you build long-term business success.
Your opportunity We have been building our estate of approximately 6,000 pubs for over 20 years to ensure we have the highest quality offering in the industry.
Your agreement Our agreement options allow for flexibility in how you grow your business, and type of relationship you want to have with us.
Your support From day one, our awardwinning support is available to you as and when you need it.
We are here to ensure that you find the right business – one that’s uniquely suited to your needs and provides you with the platform for success. When searching for your pub, you will have total visibility of the financials, key features and property details involved. Call our Recruitment Team on 0800 953 0072 to find out more about the steps to taking a pub with Enterprise, or start your search straight away by visiting enterpriseinns.com/applicants.
All of our agreements are clear and transparent, enabling you to make an informed decision when starting your business. Once you have chosen your pub opportunity, your agreement will be discussed with the dedicated Regional Manager for your area. They will work with you to tailor your deal, ensuring you have the foundations you need to build a successful business.
Ranging from financial and property management advice to marketing support and the widest brand portfolio, our support complements your ability and is specifically designed to assist you in building a profitable sustainable business. We constantly evaluate the support available to you, ensuring you are equipped with the most relevant and up-to-date information and knowledge to help you run your business. Our industry award-winning training courses are continually developed and revised for your benefit; they are conducted by industry experts, throughout the year and across the country.
To find out more, call the Recruitment Team on: 0800 953 0072 or visit enterpriseinns.com/applicants
Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
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GREATER LONDON
Finleys Enfield
Milford Arms Isleworth 611 Hertford Road, Enfield EN3 6UP
Experienced Publican Introductory Deal Available
574 London Road, Isleworth TW7 4EY
Experienced Publican Suburban Sports & Games
Suburban
Finleys is located on the busy Hertford Road in a popular area between Enfield Wash and Waltham Cross. This business is a traditional “wet led” pub which benefits from an established regular customer base. A prominent feature of this pub is the pool table which is located to the rear of the property.
The Milford Arms is a large corner site located on the London Road between Isleworth and Hounslow and benefits from lots of passing traffic. The pub is primarily operated as a local community pub showing live sports, with darts and pool tables. Enterprise is looking for a Publican with experience in both wet and dry trade and ideally having managed their own business. There is accommodation potential therefore B&B or hotel experience would also be desirable. The new Publican will have the ability to develop the Milford Arms as a local community style pub, introducing a traditional food menu to complement the live sports and entertainment.
Guide Rent: £Negotiable Ingoing Cost: £16,500 + £5,500 Fixtures & Fittings
Guide Rent: £Negotiable Ingoing Cost: £18,750 + £10,000 Fixtures & Fittings
Experienced Publican Cask Ale Opportunity Neighbourhood
Star Inn London
The Star Inn is a well-known established community pub on Plumstead Common. This property has a large trading area that is divided into a pool area, lounge and public bar. Popular for televised sport with many darts and pool teams over the years, the Star also has a good real ale trade and this can be built on further by running beer festivals and working with the local CAMRA representatives. The pub has been well-maintained over the years but would benefit from new investment to return it to its former glory and the heartbeat of the community.
LONDON
158 Plumstead Common Road, Woolwich, London SE18 2UL
Guide Rent: £Negotiable Ingoing Cost: £11,500 + £6,000 Fixtures & Fittings
Royal Oak London
250 St. John’s Way, Upper Holloway, London N19 3RJ
Experienced Publican Neighbourhood Regular Pint
The Royal Oak is a modern detached building located in Upper Holloway, North London, approximately five minutes walk from the Archway underground station and the main Holloway Road. The pub sits on the northern edge of a local authority housing estate from which it gains the majority of its trade operating as a local community pub. This modern pub comprises one large split level trade area, commercial kitchen and extensive private accommodation. An experienced Publican is required with good standards, who will integrate with the local community. Guide Rent: £Negotiable Ingoing Cost: £7,500 + £9,500 Fixtures & Fittings
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Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
Experienced Publican Suburban Sports & Games
Sir Loin London
LONDON
The Sir Loin provides an excellent opportunity for an experienced Publican who relishes a challenge and is willing to invest their time and capital to establish this landmark site as the regular place to go for good quality, good value food and drink. Ideally the pub should be serving quality, value for money British pub fayre along with a social activity programme that once again makes it the popular place to visit for the community that it sits within. Enterprise is planning significant investment in the site and is actively looking for the right partnership with a Publican who shares our vision and has funds available to invest in driving this business forward. The pub has previously featured live music and entertainment of a wide variety and would benefit from a regular programme of activities. With its large trading area and substantial garden the Sir Loin is ideally placed to become a really attractive family friendly local.
Friday Hill, Chingford, London E4 6EL
Guide Rent: £Negotiable Ingoing Cost: £17,000 + £1,000 Fixtures & Fittings
Plume Of Feathers London
282 Plumstead High Street, Plumstead, London SE18 1JT
Suitable for New Starter Cask Ale Opportunity Suburban
The Plume of Feathers is a traditional pub with wood panels and timber floors, situated a short walk from Plumstead High Street. The pub has provided a limited food offer for some time, but this could be further developed in order to capture trade from the local family residents. Customers currently visit the pub to enjoy its relaxed atmosphere and range of ales. There is one central bar with areas for both drinking and dining and the pub benefits from a very large beer garden, popular during the summer months. Guide Rent: £Negotiable Ingoing Cost: £10,750 + £5,000 Fixtures & Fittings
Bird In Hand Woking
George Chertsey Mayford Green, Woking GU22 0NL
Suitable for New Starter Town / City Centre Regular Pint
The Bird in Hand is an attractive detached property ideally situated on the busy Guildford to Woking A320. This is a substantial destination pub and benefits from six letting rooms, a beer garden, car park and restaurant. This is a fantastic opportunity for an experienced food operator to take on this already established business.
The George is a Grade II listed, character property located in Chertsey town centre. The pub is in good decorative order and the locals presently appreciate both its charm, convenient location and the live music that is held on occasion. This is ideally suited to a Publican interested in introducing a food offer and able to develop the full potential of this character property. The pub provides an ideal opportunity for an enthusiastic and motivated operator who is new to the industry.
Guide Rent: £Negotiable Ingoing Cost: £16,000 + £15,000 Fixtures & Fittings
Guide Rent: £Negotiable Ingoing Cost: £8,750 + £3,096 Fixtures & Fittings
Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
SURREY
Experienced Publican Neighbourhood Casual Dining
43-45 Guildford Street, Chertsey KT16 9BA
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Focus on pubs with
Food Led Opportunities. With the trend of ‘eating out’ currently in growth, and the pub offering a quality local alternative to restaurants, now is a great time to be running a pub restaurant. Informal dining experiences that offer good quality food are in huge demand as consumers seek to enjoy a more relaxed experience than traditional white tablecloth restaurant. Enterprise has the largest portfolio of pubs in the UK, many of which are ideally located for providing such a food offer and ready to take advantage of this growing trend. To view more pubs that have trade kitchens, visit www.enterpriseinns.com/foodledpubs
Hope Richmond
Cricketers Guildford 115-117 Kew Road, Richmond TW9 2PN
Food Led Business Suburban Relax with Drinks
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Aldershot Road, Guildford GU3 3AA
Food Led Business Suburban Casual Dining
The Hope is ideally located roadside on the Kew Road which runs between Kew and Richmond. This traditional two bar operation benefits from a good location close to the London Welsh Rugby Club and attracts fans on match days. The external trading area, function room and potential for a trade kitchen ensure this is a good business opportunity for an experienced Publican.
The Cricketers is an attractive and well located classic Surrey pub with very good standards. This traditional pub has a main bar area, restaurant, large beer garden and a good sized car park. This is an excellent opportunity for an experienced Publican to develop the business and expand the current trade.
Guide Rent: £Negotiable Ingoing Cost: £22,500 + £5,000 Fixtures & Fittings
Guide Rent: £Negotiable Ingoing Cost: £17,000 + £17,000 Fixtures & Fittings
Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
Black Horse Addlestone
Suitable for New Starter Suburban Relax with Drinks
86 New Haw Road, Addlestone KT15 2BX
The Black Horse is an attractive neighbourhood pub located between New Haw and Addlestone in a residential area. With the benefit of three compact trading areas, a good size catering kitchen and a decked patio to the rear, the pub appeals to locals and passing trade alike with its sports/games facilities and traditional pub grub.
Guide Rent: £Negotiable Ingoing Cost: £6,500 + £5,000 Fixtures & Fittings
White Horse Sunbury-on-Thames
69 Thames Street, Sunbury-on-Thames TW16 5QF
Experienced Publican Suburban Regular Pint
The White Horse is a two storey property located in Sunbury-on-Thames close to the river Thames. This traditional wet led business is a one bar operation with several trading areas, function room and private accommodation. The corner location offers a landmark position and there is potential to develop a classic ale house.
Guide Rent: £Negotiable Ingoing Cost: £12,250 + £3,800 Fixtures & Fittings
Royal Oak Woking 52 Kingston Road, Staines TW18 4NL
Experienced Publican Neighbourhood Relax with Drinks
Anchor Hill, Knaphill, Woking GU21 2JH
Experienced Publican Neighbourhood Casual Dining
The North Star is an excellent business opportunity within a short walk of both Staines town centre and the train station, enabling the pub to capture both the local commuter trade and visitors to the area. The vision for this site is to become a great local, famous for high standards and a traditional food menu and most importantly being part of the community. There is currently some entertainment held on a monthly basis and along with the two letting rooms, this provides an ideal opportunity for the new Publican to increase trade.
The Royal Oak is a delightful character pub situated in the village of Knaphill in Surrey. The property is offered in excellent decorative condition, with one main bar area split into sections accommodating both drinkers and diners. Enterprise is looking for an experienced Publican with a background in food who will succeed by marketing the pub’s facilities, develop a good quality traditional food offer and build a loyal local customer base.
Guide Rent: £Negotiable Ingoing Cost: £16,000 + £12,123 Fixtures & Fittings
Guide Rent: £Negotiable Ingoing Cost: £12,750 + £15,000 Fixtures & Fittings
George Addlestone
SURREY
North Star Staines
109 Chertsey Road, Addlestone KT15 2EA
Experienced Publican Suburban Relax with Drinks
This is an old style character building with charming beams and low ceilings and the interior is all in good decorative order. The current retail offer includes a pool team, darts team, with regular entertainment and quiz nights. Whilst there is a limited food offer presently, there is a good trade kitchen which has traditionally provided good pub fayre.
Guide Rent: £Negotiable Ingoing Cost: £9,750 + £12,000 Fixtures & Fittings
Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
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Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
Your agreements There are five types of agreement available when starting a pub business with Enterprise:
Managed Tenancy (Beacon) Competitive local retail prices and
guaranteed gross profit margins Enterprise will redecorate and refurbish the property You will receive on-going marketing
and retail standards support
Retail Partnership Lease Available in terms of 10, 15 or 20 Years Fully protected under Landlord and Tenant
Act 1954, with the right to renew
Greater levels of support for your business You will operate on an initial Tenancy At Will
agreement for up to 12 weeks. You can then change to a fixed term tenancy of up to 5 years
Enterprise remain responsible
for the structural repairs Choice of with or without Rent Reviews Rent is subject to annual indexation by
reference to the Retail Price Index
Commercial Lease (Free of Tie) Option at selected sites to negotiate a lease
The agreement is assignable after
that’s free of tie for up to 20 years
an initial 2-Year period Option to be free of tie on wines, spirits, minerals, packaged lager and packaged cider via tie release fees
Fully protected under Landlord and Tenant
Retail Partnership Tenancy
Act 1954, with the right to renew You have full responsibility for repairs Rent is subject to annual indexation to RPI
Lease Assignment
Shorter agreements for a fixed term of up to 5 years Enterprise is responsible for all repairs to
Assignment of an existing agreement
the exterior structure and services Rent is subject to annual indexation by reference to the Retail Price Index Option to be free of tie on wines, spirits, minerals, packaged lager and packaged cider via tie release fees
All the benefits and obligations of the
from a current Enterprise Publican agreement are transferred Direct transaction between you
and the current Publican Comprehensive Assignee Pack available
to guide you through the process
The Code of Practice Each prospective Publican has sight of the Code of Practice: an accredited document designed to ensure complete transparency throughout the application process. It sets out our commitments to you, setting out in the simplest possible terms the way in which we will work together with you for mutual success in your Enterprise pub.
Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
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About us
Steps to taking a pub with Enterprise
We empower our Publicans to put their pubs at the heart of local business and community life. Since it was founded in 1991, Enterprise has empowered Publicans to run their own pub, in their own way. Our model makes a pub business more accessible than the purchase of a freehold, while providing the same feeling of ownership, autonomy and price that comes with building your own success. We are constantly refining and improving our portfolio, which now comprises of approximately 6,000 pubs, and have extended our product selection and range of agreements to provide enterprising individuals with greater choice. Our training programmes are recognised as leading in our industry and our regional teams offer further support to new Publicans, building successful and sustainable businesses.
Running a pub is a serious business and we want to make sure that you are fully aware of the challenges that lie ahead. There are five simple steps to becoming a Publican, with support from the Enterprise team available to you at every step along the way. These steps are accredited by our Code of Practice to ensure you have complete transparency from day one.
1
Getting started We’ll help you to understand what’s involved in becoming a Publican and how to run a successful pub business.
2
Find your pub We’ll help you to find a pub opportunity that’s just right for you.
3
Plan your business We’ll work with you to develop your ideas and plan your business.
4
Agree your terms We’ll discuss all of the options and the terms of your agreement.
5
Run your business You’ll always have access to our support from day one of running your business.
To find out more, call the Recruitment Team on:
0800 953 0072
or visit enterpriseinns.com/applicants
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Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
Visit www.enterpriseinns.com/pubfinder or call the recruitment team on 0800 953 0072
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Want to run your own pub business?
Why not come along to one of our enterpriselive Shows and meet with the Enterprise Team and suppliers.
20
MARCH
10:00 - 16:00
25
Running a pub business is undoubtedly a rewarding lifestyle choice, but by unlocking the right pub opportunity for you, it can also open the doors to incredible commercial success. Enterprise have the biggest and best range of new business opportunities available. And with our industry-leading support, we’ll be with you every step of the way.
Experience the benefits of being an Enterprise Publican at the enterpriselive roadshows. They’re free to attend and feature exciting new products and services, industry speakers, live demonstrations of leading-edge technology and business-building advice on all aspects of the pub industry.
MARCH
10:00 - 16:00
27
MARCH
10:00 - 16:00
1
APRIL
10:00 - 16:00
8
APRIL
10:00 - 16:00
15 APRIL
10:00 - 16:00
Olympia Central London, W14 8UX NEC Pavilion Birmingham, B40 1NT Bolton Arena Bolton, BL6 6LB Centenary Pavilion Leeds, LS11 0ES Sandown Park Esher, KT10 9AJ UWE Exhibition Centre Bristol, BS34 8QZ
Book your place at www.enterpriseinns.com/enterpriselive Or call 0800 953 0072