Gallery View
Key Highlights
- Picturesque location with destination appeal but still close to residential areas
- Commercial kitchen in place to support food offer
- A well developed courtyard area with all year round pods for drinking & dining
- In the heart of the highly desirable Hertfordshire commuter belt
- Huge scope for the right operator to put their own stamp on the venue and food offer
Pub Overview
The Black Horse is a well presented village pub with a well equipped commercial kitchen and a courtyard garden to the side with enclosed pods giving it an all year round vibe. The site is a single bar operation that offers a relaxed and inviting customer experience. The Pub has a friendly layout creating a very warm and cozy atmosphere attracting both drinkers and diners and benefits from an open style kitchen adding an element of theatre to the guests dining experience.
Suitable Applicants
Experienced pub operators required with experience in both the wet and food side of the pub business.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
|
Security Deposit Paid in advance to Wells & Co. Ltd, held to cover credit and rental charges. Returnable at the end of the agreement. |
£10,000 |
|
Administration Fee Payable to Wells & Co. Ltd in advance, to cover e.g. premises license changes, solicitors fees, and agreement. |
£450 |
|
Minimum Working Capital Required Minimum working capital required |
£10,000 |
|
Stock and Glassware Paid to the outgoing licensee on the day of changeover) to cover the value of opening stock |
£5,000 |
|
Valuers Fees (paid to valuer) for valuing fixtures and fittings |
£950 |
|
Advanced Rent One week rent in advance |
£2,833 |
|
F&F Estimated valuation (paid to the outgoing licensee via the valuer at least 7 days in advance) to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment. |
£20,000 |
|
APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings. |
£29,233 |
Ongoing Costs
|
Service Charge Includes: Cellar cooling service, Extract clean x 3, Buildings insurance, Fire Compliance, Boiler maintenance & Electrical Test (tenancies only) |
£4,000 |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£4,254 |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£1,356 |
|
Rent In the region of (payable weekly in advance) |
£34,000 |
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.
Downloads
Business BrochurePub Details
Dog Kennel Lane, Chorleywood, Rickmansworth, WD3 5EG
Destination community food
Could this be the pub for you?
Call today to enquire on 01232 - 244453
