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Charterhouse Arms Godalming

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Charterhouse Arms Godalming

Deanery Road, Godalming, GU7 2PQ Pub Code: 2302551101

Pub Code: 2302551101

Investment Tenancy

Est Min Ingoing Costs: £30,630

Annual Rent: £22,518

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Modest refurbishment in affluent residential area with high quality food trade.

The Area:

The Charterhouse is located in the centre of Godalming, one of Surrey’s most desirable residential areas. The pub is well established and benefits from strong local support and proximity to the town’s schools, green space, and amenities. The surrounding area is characterised by high affluence and a strong sense of community, ideal for a pub with quality food and drink at its heart.

Demographics:

There are 2,247 adults within a 10-minute walk of the pub, with the customer base skewing toward mature, affluent households. The Charterhouse is well positioned to serve a loyal local audience and pick up occasional trade from visitors and those travelling through Godalming.

The Offer:

The Charterhouse is available on our investment tenancy agreement. Click here for more information on this agreement.

This modest refurbishment will extend internal cover capacity and improve customer comfort through redecoration and upgraded toilets. The changes will help reinforce the pub’s existing strengths in food and drink, giving more guests the opportunity to enjoy its high standards of service and offer. This opportunity is ideal for an experienced operator looking to build on an already solid foundation in a quality-led environment.

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the Charterhouse will have extensive experience in hospitality businesses. They will have a clear vision for their food offer, service standards and local engagement, and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

  • Investment Tenancy

  • Catering Kitchen

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

The Charterhouse will be undergoing a refurbishment which will cover the internal trading area of the pub.

A full list of works and the pub floor plan can be found in the ‘refurbishment details’ in the downloads.

The pub’s trading area and facilities post-refurbishment will include:

  • Main trading area with bar
  • 70 internal covers

  • No external covers

  • Catering kitchen

  • HEINEKEN SmartDispense system

  • Private Accommodation 

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Private Accommodation

There is private accommodation at the property.

Pub Financials Icon

Estimated Total Ingoing Costs

£30,630


Estimated Minimum Ingoing Costs

£30,630

Annual Rent
£22,518
Estimated Annual Turnover
£358,152
Deposit
£5,630
Estimated Fixtures & Fittings Value
£14,000
Estimated Stock Valuation
£7,500
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Location:

Deanery Road, Godalming, GU7 2PQ

Google map location image of Charterhouse Arms Godalming
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