Coach & Horses Ashbourne

27 Dig Street, Ashbourne, DE6 1GF

Under Offer
  • Coach & Horses Ashbourne
  • Coach & Horses Ashbourne
  • Coach & Horses Ashbourne
  • Coach & Horses Ashbourne
  • Coach & Horses Ashbourne
  • Coach & Horses Ashbourne

Coach & Horses Ashbourne

Traditional food lead pub in great Market town location.

Situated in a prime location in the heart of a bustling Market town of Ashbourne. Coach & Horses sits on the side of the A515 which is the main road running through to the Peak District National Park. Ashbourne attracts walkers and cyclists heading to the National Park as the Tissington Trail is located in the town.

Coach & Horses is popular with both locals and visitors serving traditional food in its well-maintained open and bright bar and eating areas. The bar has open fires which give that cosy feel on a cold day, while outside there are two separate seating areas providing an alfresco dining experience. There has recently been the addition of a pool table which gives customers an additional reason to visit the pub.

Passionate, community orientated with some previous experience

Are you looking for an opportunity to stamp your mark and step this business up a gear. If you're energetic and community-orientated and can demonstrate the desire to make a real difference at this site, this could be the perfect opportunity for you.

Available on our Business Start-Up Agreement, with the following support:
  • Manage your risk: 3 year fixed term agreement that you can terminate at any time on 28 days' notice;
  • Financial support: even higher discounts on beer and cider available

Pub Features

  • Business Start-Up Agreement
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Pub Games

Trading Area & Facilities

Large bar area with lots of tables and seating areas for diners, open fireplace, Bright and airy feel with french doors and lots of windows allowing plenty of light into building. Catering Kitchen.

Exteriorly, the pub has 2 open outside trading areas one at the rear and one at the side of the venue with pre-installed benches. Coach & Horses is based on a main road with great kerb appeal.

Private Accommodation

Private accommodation comes with this pub. Details to follow.

Premises Licence Details

For full license details please see the premises license.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
08:00 - 00:00 08:00 - 00:00 08:00 - 00:00 08:00 - 00:00 08:00 - 00:00 08:00 - 02:00 11:00 - 02:00

Financials

Annual Rent £
16,750
Estimated Annual FMOP (Licensee Profit) £
17,876
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
248,034
Estimated Annual Barrelage
160

“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 £
15,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
10,000
Deposit Amount £
3,000
Rent In Advance £
322
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
30,507
Estimated Minimum Ingoing Costs £
16,581

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 £
1,731
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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