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Half Moon Charlwood

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Half Moon Charlwood

73, The Street, Horley, RH6 0DS Pub Code: 2302020101

Pub Code: 2302020101

Investment Tenancy

Est. Annual Turnover: £419,264

Annual Rent: £32,000

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A £182,000 investment is planned to transform the Half Moon into a premium destination pub, blending character with a high-quality food and drink offer. What would you do with this pub to make it a success?

About the area

The Half Moon is located in the sought-after village of Charlwood, Surrey, a picturesque and affluent rural setting with strong community ties. With approximately 1,500 adults within a 10-minute walk and over 2,500 within a 20-minute walk, the pub benefits from a solid local catchment, as well as additional trade from visitors exploring the surrounding countryside.

The current customer base is largely made up of locals and passing trade, with the pub historically operating as a traditional village local. The planned refurbishment will reposition the Half Moon into a premium food-led destination, appealing to a broader audience including families, walkers, and After-Work Socialisers seeking a quality dining and drinking experience.

The pub benefits from being one of only a handful of pubs in the immediate area, giving it strong potential to stand out as a go-to venue following investment.

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 Half Moon will have extensive experience in running a high-quality, food-led pub. They will have a clear vision for delivering a premium food and drink menu, creating a standout dining experience, and implementing a strong marketing strategy to establish the pub as a destination venue.

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…

  • Investment Tenancy

  • Refurbishment Planned

  • Car Park

  • Catering Kitchen

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

The refurbishment will cover both the internal and external areas of the pub. 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 bar area
  • Dedicated dining area
  • Catering kitchen
  • Outdoor trading space with seating
  • Beer garden
  • Car park
  • Private accommodation

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

Private accommodation consists of three bedroom, lounge/living room, kitchen and bathroom.

Pub Financials Icon

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

£29,080

Annual
Estimated Annual Turnover
£419,264
Annual Rent
£32,000
Entry Costs
Deposit
£8,000
Estimated Fixtures & Fittings Value
£12,850
Stock Valuation
£5,000
Working Capital Required
£3,500
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.

  • New External Signage

  • Interior Decor Refresh

What we're planning & why

We’re planning a full internal and external refurbishment of the Half Moon, supported by an investment of approximately £180,000, to transform the pub into a premium destination venue. The works will enhance both the internal trading areas and external spaces, significantly improving the overall customer experience.

What's happening?

The refurbishment will introduce a complete redesign of the internal layout, creating distinct dining and drinking zones with a high-quality finish throughout. New décor, furniture, lighting and fittings will elevate the look and feel, while retaining the character expected from a village pub.

Externally, improvements to the beer garden and outdoor seating areas will maximise the pub’s appeal to walkers, families and seasonal trade, creating a strong all-year-round offering.

A refreshed kitchen and enhanced food offer will be central to the new concept, positioning the Half Moon as a go-to destination for quality meals. Combined with a premium drinks range including cask ales, wines, spirits and soft drinks, the pub will cater to a wide range of occasions from casual drinks to full dining experiences.

Why invest?

This level of investment will significantly elevate the pub’s positioning within the local market, driving increased footfall and dwell time. By broadening the appeal and introducing a strong food-led offer, the refurbishment is expected to unlock higher spend per head and improved weekly turnover.

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

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