Dukes Head
Farnham Road, Farnham Royal, Slough, SL2 3AJAgreement Type:
Just Add Talent
View details for Dukes Head
Horse Shoe Croft
Horse Shoe Croft
Smithy Lane, Warrington, WA3 7HQ Pub Code: 2302171101
Pub Code: 2302171101
Foundation TenancyEst Min Ingoing Costs: £12,510
Annual Rent: £48,114
The Horse Shoe is located in the town of Croft, close to Warrington. The pub is surrounded by mixed housing.
3D Walkthrough available! Click here to view
Demographics
The pub benefits from being one of 2 pubs found in an area of around 1600 adults. The Pubs customer base is made up of local customers and customers from further afield that would drive to the pub.
The Pub is in a picturesque suburb of Warrington, close to Culcheth and the local Motorways (M62 & M6)
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 60/40 food & drinks offer.
What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via A good food offer and live entertainment. It offers a selection of cask ales, a pub classic menu, and popular beers, ciders, wines and spirits.
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 hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and marketing strategy 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…
Trading Area & Facilities
Trading areas and facilities:
- Main trading area with bar
- Separate dining room
- 85 internal covers
- 15 external covers
- Large kitchen
- small garden
- Car park with 30 spaces
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, bathroom
Estimated Total Ingoing Costs
£66,744
Estimated Minimum Ingoing Costs
£12,510
Annual Rent
£48,114
Estimated Annual Turnover
£800,049
Deposit
£12,029
Estimated Fixtures & Fittings Value
£46,215
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.
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:
Smithy Lane, Warrington, WA3 7HQ
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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