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Beer Garden
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External Drinking Area
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Car Park
Property details
The Oak is a double-fronted traditional village pub and is originally from the 17th century and has been extended in several places over the years to create different trading zones, but is still packed with charm and character. Stanstead Abbots is a pretty village on the River Lea, near the A10 and A414 trunk routes approximately 5 miles north of the M25. Its closest towns are Ware, Hertford, and Harlow which are all in the county of Hertfordshire. The pub sits perfectly in the middle of the village high street, opposite a public car park and a children's play area, where there are well-connected local bus services and where there is access to the river where you can enjoy walks and recreation. The train line also goes through the village, with 2 trains per hour to London Liverpool Lime Street. Stanstead Abbotts is a traditional and well-kept village with around 590 houses and 2000 residents and is supported by an active parish council. There are also other small villages close by and the approximate house price in the area is circa £500k, making it a relatively affluent area due to its country life feel and its proximity to London with the train/transport access.
There are 2 entrances to the trade areas – the first is at the front which is accessed from the high street, and the second is at the side of the building, which is accessed via a side street. There are a couple of small bistro-style tables outside the pub, next to the main front door. perfect for al fresco drinking and watching the world go by. As you enter the pub from the front, the trade area opens up to the left and right. Set out with a mixture of low and high-level tables and chairs, the character of the old building becomes wonderfully apparent. Moving further into the pub you find small snug areas which are great spaces for a quiet drink, or small groups to gather. The bar is an L shape in the centre of the trading area, with a kitchen, small office, and cellar further behind in the private areas as well as access to the accommodation. As you move to the rear of the pub you can access the toilets, and get out to a small enclosed courtyard area.
The private accommodation consists of a lounge, 2 well-sized bedrooms, a small office area within the communal space, and a bathroom situated in the private accommodation.
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Cask Ale
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Catering Kitchen
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Team Games
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Live Entertainment
Trading style
The Oak is currently a successful village pub, serving the community, supporting local events, and understanding the village's needs in a competitive environment. It plays a vital role in the village and is well supported by the locals with regular live music, televised sports, family events, special theme nights, and lots more. Food and entertainment are the key focuses of this site currently and have been set up and promoted greatly by the current tenants, ready to be pushed and maximised upon.
The Oak needs to be both the hub of the village community and have a good pub grub food offer to attract customers from outside of the immediate village vicinity, which will, in turn, provide an additional revenue stream increasing dwell time. Hero dishes for key trading periods such as Sunday lunch would go down a treat as well as an active rhythm of the week. Traditional hospitality will be the key to success here, someone with a presence to engage the custom base and someone who has a good knowledge of cask ales, well-ranged wines, and spirits will be vital. The outside area has the potential to be more welcoming if softened and made more accessible. Sports teams could also be a great feature at the Oak and will bring another stream of regular custom if approached correctly. This is a cracking pub, but it needs leadership and consistency. The landlords believe there is a lot of potential here, but a well-qualified and funded individual or couple would be ideal, however, they would also consider an established multiple.
Key financials
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Reference Number:
IU3WDL / P04689
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£13,000.00
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Annual Rent:
£21,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £21,000 Starting rent of £200 (net) per week
Security Deposit: £5,000
Working Capital: £4,000
Stock: £4,000
F&F: TBC – funding options may be available for the right licensee.