01283 501999
Refurbishment Planned

Kings Arms Hotel

Station Road, Stansted CM24 8BE, UK
Initial Ingoings*:
£5,295
Exp. Earnings:
£48,323
Facilities
  • Beer Garden
  • 30 Spaces Car Park
  • 50 Covers Catering Kitchen
  • 5 Rooms Letting Rooms
  • Wifi

Overview

Looking to run a pub?

The Kings Arms is a high street premium pub that’s about to benefit from transformational investment. We’re planning to completely refurbish this well-positioned pub to create a Village Pub & Kitchen concept venue that also offers letting rooms. Occupying an enviable position in the village of Stanstead Mountfitchet, the Kings Arms offers a home from home for all guests, with a bustling bar serving a great selection of award-winning real ales, fine wines and continental lagers, plus 5 beautiful en-suite bedrooms for business and leisure guests to enjoy.

Business facilities

The Kings Arms will benefit from a new open plan design, including a transitional area and a new commercial kitchen that’s equipped to our Village Pub & Kitchen criteria. The pub will be bright and modern, with a welcoming main bar area to the front and a dining area for 50 covers to the rear. It will be designed to appeal to local drinkers as well as visitors to the area and people looking for a great lunch or evening meal on the way home from London. There will be 5 beautiful en-suite letting rooms and free WiFi throughout. Outside, there’s a beer garden and a large car park with space for up to 30 vehicles.

Refurbishment

We’re planning a full refurbishment here to create a smart Village Pub & Kitchen venue with letting rooms.

Accommodation

Your domestic accommodation here will be self-contained and include a kitchen/diner, bathroom and two bedrooms arranged over two floors.

The local area

Set on the Essex/Hertfordshire border, close to Stansted Airport, the Kings Arms is located in the centre of the pretty town of Stansted Mountfitchet. It’s the closest pub to the busy Stansted Mountfitchet railway station, with trains running into London Liverpool Street station at least every half-hour making this a very popular commuter spot. Local tourist attraction Mountfichet Castle is also close by and the airport is just 10 minutes’ drive away, so the pub could easily attract customers looking to stay overnight before an early flight or those wanting to stop for a meal before arriving at the airport.

This pub may suit

Ideal for a couple that are not necessarily new to hospitality but possibly making their first venture into the world of self-employment.

About the Contract

Our retail contract is a fantastic way to run a pub on a self-employed basis, but have the comfort and support of knowing that we are right beside you to guide you through this business venture

You’ll have the peace of mind knowing that the fixed costs associated with running a small business are not yours. Leaving you free to focus entirely on delivering a great retail offer to drive sales and profit.

What’s on Offer

  • Low cost entry
  • Self-employed
  • A ready-made pub with tried and tested food and drinks offers
  • 3-year contract (3-month notice period) rent free
  • Most of the day to day running costs are covered by us
  • LOTS of support from Punch
  • Accommodation included
  • 5-day Induction course – free of charge is provided together with additional on-going training, a support package and a dedicated Punch Development Manager to help you develop your business

You only pay for:

  • Labour
  • Consumables
  • Internal Maintenance

* The calculation of the initial ingoing costs assumes a minimum deposit (£3,000 or £5,000) plus legal fees. The subsequent deposit build up can be paid over the term of the contract and up to £100 per week. This can be discussed with the Punch Development Manager

 

Business Information

Initial Deposit*
£5,000
Legal Fee
£295
Working Capital
£2,000
Maintenance Fund Per Week
£40
Forecasted Annual Wet Turnover
£406,043
Forecasted Annual Food Turnover
£154,267
Forecasted Annual Machines Turnover
£2,000
Forecasted Annual Letting Room Turnover
£72,800
Forecasted Annual Other Turnover
£6,933
Street Check
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