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Crown & Anchor Old Woking

Crown & Anchor Old Woking

High Street, Old Woking, GU22 9LN Pub Code: 2301846101

Pub Code: 2301846101

Foundation Tenancy

Est Min Ingoing Costs: £11,213

Annual Rent: £32,554

A beautiful English riverside pub that has a restaurant and letting rooms. What would you to make it a   even more of a success?

The area

The Crown & Anchor is riverside pub that has rooms and a restaurant. The Crown & Anchor is minutes away from some of the best golf courses, theme parks & attractions in the country. The pub is surrounded by residential housing.

Old Woking is a thriving and much-loved suburb approximately 1.5 miles from Woking town centre. The Crown & Anchor is the only pub within a 20-minute walk.

Demographics

The pub benefits from being in an area of around 10815 adults within a 20-minute walk of the pub. The medium to high affluent customer base is made up of young families and midlife people.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through  80 / 20 food & drinks offer. What food would you look to implement in the pub?

The site currently can drive trade via community events, live entertainment, live sports. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and coffees.

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 pub will have extensive experience in a destination food outlet  within a hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer that 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…

  • Car Park

  • Catering Kitchen

  • Foundation Tenancy

  • Letting Rooms

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

  • Main trading area with bar
  • 54 internal covers
  • 40 external covers
  • Medium kitchen
  • Large Beer garden
  • Car park with 9 spaces
  • 4 Letting rooms

Private Accommodation

Private accommodation available

Pub Financials Icon

Estimated Total Ingoing Costs

£30,004


Estimated Minimum Ingoing Costs

£11,213

Annual Rent
£32,554
Estimated Annual Turnover
£445,289
Deposit
£8,139
Estimated Fixtures & Fittings Value
£13,365
Estimated Stock Valuation
£5,000
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:

High Street, Old Woking, GU22 9LN

Google map location image of Crown & Anchor Old Woking
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