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RegisterHorse & Jockey Freeford
Horse & Jockey Freeford
Tamworth Road, Lichfield, WS14 9JE Pub Code: 2301848101
Pub Code: 2301848101
Foundation TenancyEst Min Ingoing Costs: £12,333
Annual Rent: £22,000
COMING SOON! We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime so apply today.
Prominent country-style destination pub with established trade and growth potential
What would you do with this pub to make it thrive?
This is an excellent opportunity to build on an already well-established business, enhancing the existing food and drink offer while maximising outdoor trading and unlocking additional revenue opportunities.
About the Pub
The Horse & Jockey is located on the outskirts of Lichfield, close to surrounding villages and occupying a prominent position on a busy main road, benefiting from strong visibility and consistent passing traffic.
The pub is within walking distance of Whittington Barracks, as well as local golf and rugby clubs, providing a reliable customer base and opportunities to further develop group bookings, social occasions and event-driven trade.
The site offers a well-established food menu using locally sourced produce and caters for a variety of dining occasions throughout the day, including lunch and evening service, alongside opportunities to further enhance the daytime offer.
Externally, the pub benefits from a large beer garden and children’s play area, making it an attractive destination for families. An adjacent field provides potential to host events and functions, subject to the relevant consents.
The Offer
Available on our foundation tenancy agreement. Click here for more information on this agreement.
For the right operator, this pub represents an opportunity to build a highly sustainable business while becoming a central part of the local community.
There is clear scope to further develop the food and drink offer, enhance seasonal trading and make full use of the pub’s outdoor space.
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 will have strong hospitality experience and a clear vision for growing both food and drink sales. They will understand the dynamics of destination trading, demonstrate sound commercial judgement and be passionate about delivering a high-quality and consistent customer experience.
If this sounds like the 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
• Lounge/restaurant with approximately 40 covers
• Large beer garden with children’s play area and adjacent field suitable for events
• Good-sized catering kitchen
• Two car parks with ample spaces
• Lounge/restaurant with approximately 40 covers
• Large beer garden with children’s play area and adjacent field suitable for events
• Good-sized catering kitchen
• Two car parks with ample spaces
Private Accommodation
Private accommodation consists of three bedrooms, a lounge, kitchen and bathroom.
Estimated Total Ingoing Costs
£16,000
Estimated Minimum Ingoing Costs
£12,333
Annual Rent
£22,000
Estimated Annual Turnover
£220,000
Deposit
£5,500
Estimated Fixtures & Fittings Value
£15,000
Estimated Stock Valuation
£7,000
Estimated Working Capital
£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.
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:
Tamworth Road, Lichfield, WS14 9JE
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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
