Royal Oak Whitehill (Dovecote Inn)
Liphook Road, Bordon, GU35 9AFAgreement Type: Investment Tenancy
View details for Royal Oak Whitehill (Dovecote Inn)
Crown Headley
Arford Road, Bordon, GU35 8BT
Pub Code: 2300240101
Key Features
- Main trading area with bar and table seating.
- 36 internal covers
- Medium sized kitchen
- Small garden opposite the pub
- Car park with 15 spaces
Est Min Ingoing Costs: £8,583
Annual Rent: £19,000
More Information
The Crown is located in the village of Arford close to South Downs. The pub is surrounded by rural housing and has a lovely country feel.
Demographics
The pub benefits from being the only pub in the village which has a population of around 1500 adults. The customer base is made up of mainly experienced professionals and the retired that are reasonably affluent.
The Offer
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 out food offer.
What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via an excellent food menu. It offers a selection of cask ales, coffees, and a pub classic menu.
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, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and drinks menu and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar and table seating.
- 36 internal covers
- Medium sized kitchen
- SmartDispense
- Small garden opposite the pub. Click or tap here to enter text.
- Car park with 15 spaces
Private Accommodation
Private accommodation consists of 1 bedrooms, a living room, kitchen, bathroom,
| Annual Rent | £ 19,000 |
| Estimated Annual Turnover | £ 307,258 |
| Deposit | £ 4,750 |
| Estimated Fixtures & Fittings Value | £ 16,709 |
| Estimated Stock Valuation | £ 7,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 28,459 |
| Estimated Minimum Ingoing Costs | £ 8,583 |
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:
Arford Road, Bordon, GU35 8BT
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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
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