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Maypole

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Ingoing Cost - £ 9000
Rent - £ 18000
Location - Mill End, Thaxted Dunmow, CM6 2QZ
Agreement Types - Tenancy
Private Rooms - 2
Facilities : Cask AleBeer GardenExternal Drinking AreaCatering KitchenTeam GamesPool AreaCar ParkRestaurant/DiningPartial Tie

Property Features

The Maypole is located in on the main thoroughfare through the picturesque town of Thaxted and is just a stone's throw from the historically restored windmill, magnificent church, and famous Guildhall. This affluent town is 5 miles east from Stansted Airport, 7 miles from Bishops Stortford, and 15 miles north from Chelmsford. The village has circa 2800 residents and bustling tourist trade. Internally, the pub is open plan but has two distinctive trade areas. As you walk into the premises, you enter into the bar with a pool and darts area, open fire and a good selection of real ales. The second area is set out with seating and traditional pub tables for dining. The trade areas are in great condition, and in total has approx. 40 covers. In addition, there is a fully fitted trade kitchen and good sized cellar. To the rear is a garden with benches perfect for enjoying summer evenings and the site also boasts a small car park. The exterior was decorated a couple of years ago and is in good condition. 

Trading Style

As a traditional town pub, The Maypole needs to place itself at the heart of the community, and be the go-to place for sports viewing, should have a strong weekly and monthly calendar of events including quiz nights, live entertainment and fundraisers to make sure the locals always have a reason to come to the pub. The provision of warm hospitality and great value drinks and food menu will also be crucial to the ongoing success of the site and ensure that it becomes the go-to place for a drink and meal. The new operator must want to become an intrinsic part of town and have the catering skills to develop a menu that will drive trade to the site. As ever excellent customer service skills and high standards will be essential alongside a warm and welcoming manner that makes each visitor welcome.

Key Financial Information

Please note that the energy performance certificate is available from the landlord. TAW on entry to view potential and then 2-5 year tenancy available, Ingoings approx: Deposit (25% of rent) MSA (service charge)  £2,805 per annum, paid weekly Buildings Insurance,  £1,137.57 per annum paid weekly    License fee £300 per annum paid weekly Stock and glassware circa £3-4k – to be valued on the day of the changeover