Bowler

28-32 Bowling Green Lane, Clerkenwell, London, EC1R 0BJ
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Letting Details

Description and Trading Style

The Bowler is a style bar catering to the upper business market from an open plan kitchen. Strong wet support during rugby and football matches - Sky, although there is an opportunity to move the offer in a different direction.

Location and Local Amenities

Clerkenwell boasts a host of local businesses and offices. Other well established food offers attract diners to the area. The famous Farringdon Road Eagle Tavern is close, and there are other offerings on Clerkenwell's main street.

Accommodation

Trade: One bar with sub areas including standing drinking, pool table, seating and dining areas (approx. 60 covers). Open kitchen, WC's, cellar & stores. Small outside terrace, approx. 8 covers.
Private: 2 bedroom flat with bathroom. Three further bedrooms, bathroom, laundry room and domestic kitchen.

Current and Future Markets

A fantastic opportunity to further develop a modern and unique food offer in central Clerkenwell at lunch times/early doors and to expand on the existing market stretching into late evening and weekends.

Requirements

We seek operators who can demonstrate experience of operating style bars with interesting food, displaying sound experience in high volume bar operations and can show an emphasis on sales & marketing.

Estimated Ingoings

Circa £19,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware and loose goods, plus training deposit. Fixtures & fittings are circa £28,000 and working capital is circa £6,000.

Trade Volumes 2016 2017 2018 2019
Draught Beer and Cider (36 gallon units) 193.19 159.46 135.49 67.60
Packaged (litres) 454.68 380.88 649.30 221.76
Minerals (10 litres) 300.29 256.80 79.82 15.28
Spirits (litres) 337.45 246.65 181.30 44.70
Wines (litres) 1,829.58 1,344.60 648.00 645.00

Estimated Turnover

You will need to estimate the turnover you expect from the pub. The current barrelage is given to assist you with calculations, but you need to estimate the food sales.

Guide Rent

Headline rent of £50,000 per annum to be discussed with you at interview, steps available. Rents are payable fortnightly in advance by direct debit. Retail price indexation applies to rents.

Terms

Five year tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar equipment etc. There is a full wet tie unless agreed otherwise.

Rateable value

Draft 2017 £27, 750. Please contact the local authority for actual rates payable.

Licenses & Permits

Sale of alcohol by retail for sale on and off the premises, recorded music.

Permitted hours

Mon - Sat: 10.00am - Midnight; Sunday: 12 Noon - 11.30pm.

Current Offerings

Serves Food
Hold a party 
Places to Walk
Watch Sports
Family friendly
Disabled access 
Dog friendly 
Wifi access 

Current Opening Times

Mon – Sat 11am – 11pm, Sun 10.30pm – 11pm Food times: Mon – Fri 12pm – 3pm & 6pm – 9pm, Sat 12pm – 8pm, Sun 12pm – 6pm