Crown Chesham
Ley Hill, Chesham, HP5 1UYAgreement Type: Foundation Tenancy
View details for Crown Chesham
Black Horse Tring
Frogmore Street, Tring, HP23 5AZ
Pub Code: 2302049101
Key Features
- Affluent Area
- Walk in Condition
- Outside Bar
- Central Location
- Crafty and Young Vibe
Est Min Ingoing Costs: £47,075
Annual Rent: £44,298
More Information
The Black Horse is an affluent neighbourhood pub just off the main high street. It is in a good location surrounded by pubs, coffee shops and restaurants.
The Black Horse Tring is available on our foundation tenancy agreement. Click here for more information on this agreement.
The pub would benefit from quiz nights, sports, karaoke, and a strong rhythm of the week to attract customers day and night. We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
Trading Area & Facilities
The pubs trading area and facilities are:
- Main trading L shaped bar
- 44 internal covers
- 60 external covers
- Catering kitchen
- SmartDispense
- Large outdoor garden with outdoor bar
- Public parking nearby
Private Accommodation
Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom.
| Annual Rent | £ 44,298 |
| Estimated Annual Turnover | £ 567,066 |
| Deposit | £ 11,075 |
| Estimated Fixtures & Fittings Value | £ 25,000 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 47,075 |
| Estimated Minimum Ingoing Costs | £ 47,075 |
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:
Frogmore Street, Tring, HP23 5AZ
More properties in this region
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View details for Grapes Hemel Hempstead
Old Chequers Hemel Hempstead
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View details for Old Chequers Hemel HempsteadTo 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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