The Sutton Arms in Station Lane is owned by the Stonegate Group and has been advertised as available to acquire on a new five-year tenancy.
Stonegate Group’s website said this is the first time pub has been available to the tenancy market and describes it as a “fantastic opportunity for an entrepreneurial operator to make their mark and take on an already great site and develop it into an even more fantastic one”.
It added: “Such an opportunity very very rarely comes up.”
Adverts are online on the Stonegate Group website as well as Find My Pub.
Both sites described the boozer as “superbly located” in the heart of Hornchurch.
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The listing reads: “A rare opportunity has arisen to acquire the site on a new five-year tenancy agreement.
“Internally you will find a multi-zoned ground floor open plan trade area which is perfect for creating both a high energy night-time entertainment vibe yet also a lower key daytime environment great for getting a drink and bite to eat with friends and socialising throughout the day.
“A 10-metre bar sits on the left in the middle of the venue giving plenty of access points for busy service.
“The open plan layout comfortably accommodates circa 130 seated covers across its mix of seven fixed booths (all with TVs), banquets, high stools, and bar tables with room for dancing and socialising, total capacity is circa 400 depending on layout adopted.”
The forecasted turnover per year for the Sutton Arms is £1,062,422.
The guide rent per week is £1,250 and the turnover rent per year is £21,399.
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The listing also notes that the premises has a 1am licence on Thursday, Friday and Saturday.
It adds: “Weekly activity is focused on sports TV events, a weekly quiz night, with entertainment focused on a weekend DJ along with the occasional themed event and promotional evenings.
“A fully fitted trade kitchen not only serves the on-site dining trade but also successfully hosts a ‘dark kitchen’ operation, our agreement allows the successful operator the same flexibility should they wish.”
We have contacted Stonegate Group for further information.
To register your interest in the listing, see the Stonegate Group’s advert here – Sutton Arms Hornchurch.
