Run a Stonegate Pub - Knight Of Aveley South Ockendon, Essex

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About the Pub

The Knight of Aveley is a wet-led pub, popular within the local area as a sports viewing destination, with scope for a live entertainment schedule. The Knight is traditionally decorated and has recently received a complete internal refurbishment so is in immaculate condition. Throughout, the pub can hold up to 150 covers and boasts a function room, allowing for additional covers and the opportunity to host events in this dedicated space. There are two raised areas either side of the bar, one is home to a pool table and the other provides seating. The external trading area hosts a beer garden that would benefit from outside seating to drive additional trade during the warmer months. The Knight is available on a 3-year Beacon Partnership Tenancy agreement which allows the business to trade with highly competitive retail prices and strong value orientated drinks offers, backed by enhanced marketing support and a retail standard focus. The private accommodation consists of four-bedrooms, a lounge and a kitchen, ideal for a family. Stonegate Pub Partners are seeking a community driven publican who can take on this popular local pub.

Business Information

Agreement: Beacon Retail Partnership Tenancy
Capital Startup: Est. £18350
Fixtures / Fittings: Est. £7500
Guide Rent: £10500 pa
Potential Turnover: £235000 pa

Regional Manager's Thoughts

This is a fantastic opportunity for a strong publican to take on this popular community pub. There is lots of potential to develop the trade by focusing on introducing a strong entertainment schedule. The Knight of Aveley is in a great location surrounded by housing and shopping giving the publican to attract passing trade as well as the already local trade.

Surrounding Area

The Knight of Aveley is situated in a densely populated residential area of South Ockendon, adjacent to the shopping precinct. South Ockendon has a resident population of 18,000. The area rapidly grew following World War II when the small parish of South Ockendon was transformed into a town of prefabricated houses and flats which have since been replaced by modern housing.

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