Black Horse East Hanney
Main Street, Wantage, OX12 0JEAgreement Type: Foundation Tenancy
View details for Black Horse East Hanney
Extraordinary Hare West Hendred
Reading Road, West Hendred, Wantage, OX12 8RH
Pub Code: 2000011101
Key Features
- Great Opportunity
- Catering kitchen
- Private Accomodation
- Car Park
Est Min Ingoing Costs: £15,845
Annual Rent: £28,144
More Information
The Extraordinary Hare is located in the village of West Hendred, close to Steventon and Cotswolds. The pub is surrounded by rural housing.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub? There is also opportunity to introduce games and quiz nights.
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 similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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
- L shaped bar
- Separate dining room
- 88 internal covers
- 42 external covers
- Full catering kitchen
- SmartDispense
- Large garden with decking and outbuildings
- Car park with 20 spaces
Private Accommodation
Private accommodation consists of 1 bedroom flat, bathroom, a living room. There’s an office, two bedrooms with ensuite and shared kitchen.
| Annual Rent | £ 28,144 |
| Estimated Annual Turnover | £ 425,881 |
| Deposit | £ 7,036 |
| Estimated Fixtures & Fittings Value | £ 35,000 |
| Estimated Stock Valuation | £ 10,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 55,536 |
| Estimated Minimum Ingoing Costs | £ 15,845 |
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.
Downloads
Location:
Reading Road, West Hendred, Wantage, OX12 8RH
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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