Half Moon Charlwood
Half Moon Charlwood
73, The Street, Horley, RH6 0DS Pub Code: 2302020101
Pub Code: 2302020101
Investment TenancyEst. Annual Turnover: £443,777
Annual Rent: £32,500
An investment in the region of £152,000 is planned to transform the Half Moon into a premium village local with a warm country pub feel, inviting dining spaces and a dedicated darts area. What would you do with this pub to make it a success?
About the area
Set on The Street in Charlwood, the Half Moon combines a Surrey village setting with proximity to Gatwick Airport. Historic surroundings and nearby countryside provide a welcoming backdrop for a pub serving residents and visitors alike. There are 811 adults within a 10-minute walk and 1,194 within a 20-minute walk, giving an incoming operator a local audience to build relationships with.
One of a handful of pubs in the area, the Half Moon has traditionally attracted local drinkers and diners. The proposed refurbishment will strengthen its premium local offer, with comfortable spaces for relaxed drinks, meals and social occasions. Dining, darts and a programme of entertainment offer scope to broaden its appeal across the community, from families and casual diners to friends meeting after work.
The offer
The Half Moon is available on our investment tenancy agreement. Click here for more information on this agreement. Please refer to the Refurbishment Details section for details of the investment being made.
Who we're looking for
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 Half Moon will have extensive experience in community-focused hospitality businesses with a quality food and drink offer. They will have a clear vision for the food and drink menu, entertainment and marketing strategy, and can create a memorable experience for their customers.
You will know how to balance a welcoming village bar with a well-run dining offer, using darts, live music and local connections to encourage repeat visits. We’re looking for an operator to work with Star Pubs through the planned investment and help shape the pub’s next chapter.
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
The refurbishment of the Half Moon will cover both the interior and exterior. A full list of works and pub floor plan can be found in the Downloads section.
The pub's trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining area with 30 covers
- Lounge and snug seating
- Dedicated games and sports zone with darts
- 72 internal covers in total, including 42 drinking covers
- Pub garden with 44 external covers
- Catering kitchen
- HEINEKEN SmartDispense
- Customer toilets, including an accessible toilet
- Private accommodation with three bedrooms
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won’t be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private Accommodation
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs
£38,625
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.
What we're planning & why
The planned investment of around £152,000 will cover both the interior and exterior of the Half Moon. Refreshed décor, upgraded furnishings, improved signage and distinct drinking, dining and games areas will create a warmer, more inviting premium local.
What's happening?
Outside, a new signage scheme and replacement lanterns will improve visibility and help the pub make a stronger first impression. External decoration and window repairs will refresh the building, while cleaning the paved areas and beer garden, cutting back vegetation and refreshing benches and boundary fencing will make the outdoor spaces more welcoming. A rebuilt bin store and new fencing and gate will help tidy and define the garden area.
The dining area will receive new feature wallpaper, timber panelling, carpet and a section of fixed seating, alongside refreshed furniture, lighting and artwork. With 30 proposed dining covers, the space will support a focused pub food menu that gives customers a reason to visit for a meal as well as a drink.
In the lounge and bar areas, new decoration, window dressings and a mix of refurbished and new furniture will create the planned country pub feel. Timber floors will be sanded and re-stained or polished, with new flooring in selected areas. Lighting updates, a large lounge rug and work to the existing fireplace will help create comfortable spaces for customers to settle in and return to throughout the year.
A new darts board and surround, drinks shelf and refreshed upper bar area will create a dedicated games space. This gives the operator scope to build regular darts occasions alongside a programme of entertainment. The proposal includes two live events each month, predominantly live music, to help generate additional reasons to visit.
The toilets will also receive improvements, including decoration and lighting, new vinyl flooring and a vanity top in the ladies’ area, plus new flooring, grab rails and a radar lock for the accessible toilet. The upper-floor accommodation is scheduled for cleaning.
Why invest?
The refurbishment will create a clearer premium local offer and increase proposed internal capacity from 57 to 72 covers. Better visibility can help attract visits, while a more comfortable interior, dedicated dining space and regular entertainment can encourage customers to stay longer and return more often. Combined with 44 external covers, these improvements are anticipated to support turnover growth through food, drinks and community occasions, delivered by an operator who understands the village and its customers.
To explore some of our recent successful pub investment projects, please see our Investment Showcase page.
Personal Recommendation
"This is a fantastic opportunity to take on a beautifully located village pub and, with the right vision, turn it into a standout destination for both locals and visitors alike."
— Sam Cassell, Investment Manager
Location:
73, The Street, Horley, RH6 0DS
Selected pub
Other pubs
Nearby events
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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