Saddlers Arms Send
Send Marsh Road, Woking, GU23 6JQAgreement Type: Long-Term FRI Lease
View details for Saddlers Arms Send
Cannon Guildford
3, Portsmouth Road, Guildford, GU2 4BL
Pub Code: 2302010101
Key Features
- City Centre Location
- Beer Garden
- Home-cooked Food
- Live Sports
- Live Music
- Free of Tie on Wines & Spirits
Est Min Ingoing Costs: £8,866
Annual Rent: £16,400
More Information
The area
The Cannon is located in the town of Guildford. The pub is one of 28 pubs in a catchment area of 6,047 adults but is set apart due to its attractive beer garden.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing the home cooked food offer. What would you look to implement in the pub?
The site currently has the ability to drive trade through live sports & entertainment, pub games, cask ales, and its attractive garden.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, or come from a food/hospitality background, we’d love to hear what experience you can bring.
The right operator for the pub will have experience in a similar hospitality business. They will have a clear vision for their menu, entertainment and marketing strategy, and the ability to create a memorable experience for their customers.
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- 44 internal covers
- 36 external covers
- Catering kitchen
- Function room
- SmartDispense
- Seated beer garden
Private Accommodation
Private accommodation consists of 2 bedrooms, lounge, kitchen/dining/living room area and bathroom.
| Annual Rent | £ 16,400 |
| Estimated Annual Turnover | £ 265,586 |
| Deposit | £ 4,100 |
| Estimated Fixtures & Fittings Value | £ 8,557 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 20,157 |
| Estimated Minimum Ingoing Costs | £ 8,866 |
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:
3, Portsmouth Road, Guildford, GU2 4BL
More properties in this region
Seven Stars Ripley
Newark Lane, Woking, GU23 6DLAgreement Type: Investment Tenancy
View details for Seven Stars Ripley
Cricketers Badshot Lea
22 Badshot Lea Road, Farnham, GU9 9LUAgreement Type: Foundation Tenancy
View details for Cricketers Badshot LeaTo 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
Pub Vacancy Alerts
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
Register
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download