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Beer Garden
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External Drinking Area
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Function Room
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Car Park
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Restaurant/Dining
Property details
The Anchor is located in Benfleet on a busy intersection in the town centre, directly opposite the church and within walking distance of the train station, which is heavily used for commuters travelling into London. There is a huge level of passing trade, as the Anchor sits on the main route between the town and the station and the main route to and from the town of Benfleet. Benfleet is a very affluent town in Essex, and whilst there is competition, there’s plenty of trade to go around.
Rarely does a pub like the Anchor hit the market – it’s been in the same family for over 35 years and is decorated to a very high standard both inside and out. It’s only due to personal circumstances that this site has come to the market, and the pub company asks that anyone wishing to visit this site does so as a customer in the first instance.
The Anchor is a grade II listed building dating back to as early as 1380. Internally and externally, it was refurbished just a year ago and has a rustic feel to it.
The large bar is popular with drinkers at lunchtime, the high vis brigade in the late afternoon, and with locals in the evening. There are plenty of TV screens around the bar to allow customers to enjoy sport, which is very popular. There is a separate restaurant/dining area, again decorated to a high standard, and this seats circa 40 people. The pub has a good-sized catering kitchen that services both the restaurant and the function room.
The courtyard garden is a massive sun trap and has seating for circa 50 people, including some booth seating. The current tenants are keen gardeners, and the gardens are well-kept.
Off the garden, the pub has a function room (named the Moorings). This is a popular venue for gatherings of all sorts, including wakes, birthday and anniversary parties, and the occasional wedding. The function room seats 100 people and generally has at least one event booked a week. Being opposite the church, with good parking, it is the destination of choice for wakes and christenings.
A pub of this size couldn’t operate without a car park, and this site has parking for circa 30 cars. It is currently managed by a parking solution, primarily due to people historically using the pub car park to do their shopping in town or avoiding station car park charges. The pub is that busy that the car park is needed all day every day.
The living accommodation is amazing – there are three goodsized bedrooms, a large lounge, bathroom and domestic kitchen. The accommodation is decorated to a very high standard. In addition, there is a one-bedroom cottage attached to the building, although some work is required to bring it to Fire Regulation standards – something that can be discussed during the interview.
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Catering Kitchen
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Live Sports
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Experienced Operator
Trading style
The Anchor does suit everyone – it’s fair to say it’s both a destination outlet as well as a community pub. It is extremely popular with the “grey-market” especially of a lunchtime, when not only does the restaurant fill up, but there’s a good lunchtime drinking trade too.
Once the doors of this site open, the pub never stops; there’s a steady bar trade all day, which gets particularly busy as the local tradesmen knock off for the day. The pub is especially busy when the sport is on, and coupled with the occasional entertainment weekly quizzes and other events, it’s never quiet. There’s a really good food trade at the pub, both with lunchtime meal deals (which are very popular) through to a good old steak. Getting a table on a Sunday is often difficult as it’s a very popular destination for a Sunday Roast.
The Moorings (function room) also adds to the offering at this site, and whilst the Moorings is already well used, there’s the potential to increase trade in this area through community engagement, including things like hosting local community groups, etc., during the day and evening.
The seasons never really affect this site either – during the winter, it’s a cosy place to enjoy a pint of real ale and have a meal with the family, whereas when the summer arrives, the garden is the place to be lapping up cocktails and soaking up the rays.
The pub company is looking for an experienced couple who know how to run a high-end community pub. They need someone who can maintain the existing trade and build on it further, especially regarding the function room.
There is a full team at the Anchor that knows the pub and customers well, and they will be an asset to anyone taking this site. TUPEE details will be provided when the selection is made.
This is likely to be a highly sought-after site, so please be prepared to go through a selection process based on demonstrating your previous successes and having a strong business plan to hand.
Key financials
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Reference Number:
5WIGFQ / RCPC-SS7
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Agreement Type:
Lease / Tenancy
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Min Ingoing Cost:
£10,000.00
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Annual Rent:
£45,000.00
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.
Length of Tenure: 5-year tenancy (although a ten-year lease would be considered)
Agreement type: Tenancy/Lease
Rent: £45,500
Ingoings: Deposit will be £10k. You will also need some working capital.
F&F is to be valued but believed to be circa £20k.