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The Hibbert Arms enjoys a prominent position in Luton, Bedfordshire. The Pub is a mid terraced community pub situated on a densely populated housing estate and is within walking distance of all local shops and amenities. The town centre is approximately one mile away.
The pub is in immaculate condition and trades from two separate areas served from a central bar servery, which offers all round vision and ease of service to all areas of the pub . On the left hand side is a relaxed area with fixed seating and darts board. Adjacent to this is the pool table complete with a TV screen which is popular with televised sports. To the rear of the pub is the beautiful beer garden.
The Hibbert Arms is a real community pub and is very popular for showing televised sports such as football, racing and rugby. The pub has a great darts and pool table area and has had several teams within the pub leagues in the past. There is a strong drink lead offer and loyal customer base. Community events, karaoke and charity events are a regular occasion at the pub and really adds to the community feel. In the summer the beer garden at the back is true gem and very popular with regular BBQ’s, which is a great opportunity for some food income.
The private accommodation can be accessed through the bar. This consists of three bedrooms, bathroom, kitchen and lounge.
Annual Rent: £15,000
Security Deposit: £5,000
Working Capital: £2,000
Fixtures and Fittings: Upon Valuation – Funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £250 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Hibbert arms is a true all-round community pub and will suit a licensee with a strong community pub background. Knowledge of driving sales through regular events creating additional trade. The offer here is mainly drink led and therefore should have a very strong representation of on-trend beers, real ale, spirits and wines with strong offers driving quiet times. Sport has always been popular at the pub with the potential of several teams, including darts and pool teams this is key for increasing mid week trade.
12pm – 11pm Mon-Fri; 10pm – 11pm Sat & Sun
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed)
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture
Training – This is required when taking on a Business Support Agreement. Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester. Please note, you will be required to attend this workshop before signing a long term tenancy agreement.