Extraordinary Hare West Hendred
Reading Road, West Hendred, Wantage, OX12 8RHAgreement Type: Foundation Tenancy
View details for Extraordinary Hare West Hendred
Black Horse East Hanney
Main Street, Wantage, OX12 0JE
Pub Code: 2303079101
Key Features
- Large Beer Garden
- Children’s Play Park
- Car Park
- Catering Kitchen
- Pub Games
- Private Accomodation
Est Min Ingoing Costs: £10,071
Annual Rent: £18,851
More Information
The Black Horse is in the semi-rural village of East Hanney, the Black Horse is already a well-established community local. Benefitting from the both an affluent demographic and little competition, the pub is in a prime position to attract the locals and families nearby.
The Black Horse is currently known for its community events, including the acclaimed “Hanney Fest”, hosting a stream of local live music. This along with a basic food offering and a great range of drinks and craft ale will ensure the pub remains at the heart of the village.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- Understanding of how to build a successful business
- Ability to engage with customers from behind the bar
- Able to run Darts and pub teams
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter…
Trading Area & Facilities
Trading areas and facilities:
- Catering Kitchen
- Large Beer Garden
- Children's play area
- 24 internal covers
- 50 external covers
- Car Park with 10 spaces
- 70/30 split wet/food
Private Accommodation
Private accommodation consists of two bedrooms, kitchen, lounge and a bathroom.
| Annual Rent | £ 18,851 |
| Estimated Annual Turnover | £ 280,458 |
| Deposit | £ 4,713 |
| Estimated Fixtures & Fittings Value | £ 10,000 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 23,213 |
| Estimated Minimum Ingoing Costs | £ 10,071 |
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
Main Street, Wantage, OX12 0JE
More properties in this region
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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