Gallery View
Key Highlights
- Stunning pub in excellent condition throughout
- Fantastic beamed conservatory dining room with Bi-Fold doors
- Beautiful alfresco dining area to the rear overlooking countryside
- Beer garden and land to the rear, that could be used for events with marquee
- Destination site in affluent area
- 3-bed private live-in accommodation
Pub Overview
The White Horse is a quality pub aimed at the destination diner. It has a small quality Snug bar that invites the locals in for a relaxing drink, The restaurant area flowing through in to an Oak Barn style extension leads out on to the Beer Garden with a stunning Alfresco dining area looking out over the beautiful countryside.
Suitable Applicants
Operators suitable for The White Horse will have a proven experience in operating a quality food-led business and a natural flair for high standards.
Maintaining the pub’s warm and friendly atmosphere will be key, as will a passion for first class customer service and a desire to maintain The White Horse's enviable position at the heart of its local community. Sound marketing skills will be equally important in attracting visitors from further afield.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
|
APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings |
£36,613 |
|
Security Deposit Payable in advance to Wells to cover charges incurred by your business (If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors) |
£10,000 |
|
Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people |
£500 |
|
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
£480 |
|
Working Capital Minimum working capital required |
£15,000 |
|
Stock & Glassware In the region of to cover the value of opening stock |
£6,000 |
|
Valuers Fee In the region of (paid to valuer) for valuing fixtures and fittings. |
£800 |
|
Advanced Rent In the region of (usually 1 month) - negotiable |
£3,833 |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est) |
£32,000 |
Ongoing Costs
|
Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) |
£4,847 p/a |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£4,617 p/a |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£1,472 p/a |
|
Rent In the region of (payable monthly in advance) |
£46,000 p/a |
Pub Details
Could this be the pub for you?
Please ring 01234-244453 to speak with our recruitment team
