Plough & Furrow Smallfield

Plough Road, Horley, RH6 9JN

  • Plough & Furrow Smallfield
  • Plough & Furrow Smallfield
  • Plough & Furrow Smallfield
  • Plough & Furrow Smallfield

Plough & Furrow Smallfield

Extensive Refurbishment Planned

An uplifting refurbishment will transform The Plough and Furrow into a destination community pub with a traditional country finish. The refurbishment will see the extension of the dining area with a stunning new orangery, complete with large skylights and bi-folding doors, where customers can enjoy the quality food offer. Externally, a new decking area and expansive beer garden will create a huge draw during the warmer months. This extensive and versatile offering will ensure The Plough and Furrow becomes a standout local pub with mass appeal.

Located in Smallfield, near Gatwick airport, The Plough and Furrow is situated on a main road out of the village. It enjoys good demographics, with over 3,000 affluent adults living within a twenty minute walk of the pub. There is little competition in the area, and the nearby housing estates will ensure that a lucrative pool of customers can be established. The nearby Horne Park Golf Course will also ensure a steady stream of customers looking for a place to eat and drink post-game.

A wide variety of premium drinks including beer, cider, coffee and soft drinks will make The Plough and Furrow standout in the local area. The new, quality food offer, versatile snug areas and family-friendly dining spaces will see the pub become a welcoming venue for the entire community. This is a pub with great potential, apply now!

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Refurbishment Planned
  • Catering Kitchen
  • Long-Term FRI Lease
  • Outdoor Trade
  • Private Accommodation

Trading Area & Facilities

Bar Servery
The bar servery will be redesigned and redecorated to better serve the updated offering. It will continue to provide both the dining and bar areas, with a premium, quality finish.

Bar Area
The bar area will be completely redecorated, becoming a welcoming and lively space for customers to enjoy a casual drink or snack. It will be sympathetically redecorated, highlighting the pub's natural character.

Front Snug Area
The front snug will be redecorated to create a more intimate dining space at the front of the pub. It will be decorated to complement the pub's traditional features.

Dining Areas
The dining area will become a standout feature of the pub following its refurbishment, with a brand-new orangery increasing internal covers to 126. It will be a flexible space where customers can enjoy a relaxed bite to eat in homely surroundings, as well as somewhere groups and families can enjoy a relaxing meal.

Kitchen
The kitchen will be refurbished and enhanced, allowing the pub to produce a quality food offer. The space will be redecorated and equipment repaired where necessary.

External Area
The existing area will be rejuvenated to create welcoming space for the whole community to enjoy. New seating on the drinking
terrace and larger beer garden will increase external covers to 122, adding a lucrative income stream during the summer months.

Please see the refurbishment details for more information.

Private Accommodation

There is private accommodation at the site, more details to follow. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please see premise license for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 01:30 10:00 - 01:30 10:00 - 01:30 10:00 - 01:30 10:00 - 01:30 10:00 - 01:30 12:00 - 01:30

Financials

Annual Rent £
87,500
Estimated Annual FMOP (Licensee Profit) £
87,253
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
842,856
Estimated Annual Barrelage
202

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
138,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
21,875
Rent In Advance £
1,683
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
169,753
Estimated Minimum Ingoing Costs £
169,753

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
2,502
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased