Plough & Harrow Penpedairheol

Hengoed Road, Hengoed, CF82 8BQ

  • Plough & Harrow Penpedairheol
  • Plough & Harrow Penpedairheol
  • Plough & Harrow Penpedairheol
  • Plough & Harrow Penpedairheol
  • Plough & Harrow Penpedairheol
  • Plough & Harrow Penpedairheol
  • Plough & Harrow Penpedairheol
  • Plough & Harrow Penpedairheol
  • Plough & Harrow Penpedairheol

Plough & Harrow Penpedairheol

Positioned on the main road in the heart of Hengoed the Plough & Harrow is within walking distance of the town centre, surrounded by local businesses and family homes. This pub is a venue of two halves, by day a family-friendly pub offering a great selection of food and drink including coffees and breakfast. In the evenings turning into a town centre bar, offering after-work drinks and snacks and where local residents can enjoy a night on the town.


Are you an experienced community operator?

This is a great opportunity to re-energise the business and return it to its place as the focal point of local life. If you are an experienced operator, you will quickly see how you can build relationships with key stakeholders locally and use your marketing ability to promote your business throughout the year. You will be able to slot effortlessly into community life - perhaps the areas already familiar to you. If so, we would love to hear from you.

Pub Features

  • Rolling Tenancy
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Plough & Harrow consists of a large open trading area serviced by a central bar. One half of the trading area is used as a bar area with a pool table and TVs showing all the latest sporting events. The other half is a large lounge area ideal for serving food. The Plough & Harrow currently provides a basic food offer, with a small carting kitchen on site, there is the opportunity for the vendor to grow the food side of the business, introduce an excellent food, and drink offer. To the rear of the pub is a large patio beer garden with bench-style seating and a covered area, this is an ideal for increasing your trading area during the summer months.

Private Accommodation

The private accommodation at Plough & Harrow consists of two bedrooms, a bathroom, a kitchen, and a lounge area. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on your business.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 01:00 11:00 - 01:00 11:00 - 01:00 11:00 - 02:00 11:00 - 02:00 11:00 - 02:00 12:00 - 01:00

Financials

Annual Rent £
18,250
Estimated Annual FMOP (Licensee Profit) £
20,571
Representative HEINEKEN UK Brand Discount Per Barrel £
195
Estimated Annual Turnover £
247,321
Estimated Annual Barrelage
183

“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 £
5,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
4,563
Rent In Advance £
351
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
180
Premises Licence Fee £
60
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
16,214
Estimated Minimum Ingoing Costs £
10,821

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 £
1,962
Estimated Annual Maintenance Compliance Charge £
1,565
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