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Plough & Harrow Penpedairheol
Hengoed Road, Hengoed, CF82 8BQ
Pub Code: 2302951101
Key Features
- Town Centre Location
- Community Local
- Outside Trading Area
- Live Sports
Est Min Ingoing Costs: £8,865
Annual Rent: £13,279
More Information
Positioned on the main road in the heart of Hengoed the Plough & Harrow is within walking distance of the town centre, surrounded by local businesses and homes. This pub is a venue of two halves, by day a friendly pub currently offering a great selection drinks including coffees. In the evenings turning into a town centre bar, offering after-work drinks where local residents can enjoy a night on the town.
Are you an experienced community operator?
This is a great opportunity to re-energise the business and return it to its place as the focal point of local life. If you are an experienced operator, you will quickly see how you can build relationships with key stakeholders locally and use your marketing ability to promote your business throughout the year. You will be able to slot effortlessly into community life - perhaps the areas already familiar to you. If so, we would love to hear from you.
Are you an experienced community operator?
This is a great opportunity to re-energise the business and return it to its place as the focal point of local life. If you are an experienced operator, you will quickly see how you can build relationships with key stakeholders locally and use your marketing ability to promote your business throughout the year. You will be able to slot effortlessly into community life - perhaps the areas already familiar to you. If so, we would love to hear from you.
Trading Area & Facilities
Plough & Harrow consists of two separate trading areas serviced by a central bar. The bar area has space for a pool table and TVs showing all the latest sporting events. The other trading area is used as a lounge. The Plough & Harrow currently provides an extensive drinks offer. To the rear of the pub is a large patio beer garden with bench-style seating and a covered area, this is ideal for increasing your trading area during the summer months.
Private Accommodation
The private accommodation at the Plough & Harrow consists of two bedrooms, a bathroom, a kitchen, and a lounge area. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on your business.
Premises Licence Details
Premises Licence Opening Hours
Mon | Tue | Wed | Thu | Fri | Sat | Sun |
---|---|---|---|---|---|---|
11:00 - 01:00 |
11:00 - 01:00 |
11:00 - 01:00 |
11:00 - 02:00 |
11:00 - 02:00 |
11:00 - 02:00 |
12:00 - 01:00 |
Annual Rent | £ 13,279 |
Estimated Tenants Annual Operating Profit | £ 15,777 |
Representative HEINEKEN UK Brand Discount Per Barrel | £ 200 |
Estimated Annual Turnover | £ 226,072 |
Estimated Annual Barrelage | 187 |
* 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
** All figures quoted are exclusive of VAT
Ingoing Costs | |
---|---|
Estimated Licensee Fixtures and Fittings Value | £ 1,435 |
Estimated Fixtures and Fittings Valuation Fee | £ 250 |
Estimated Stock Valuation | £ 4,000 |
Deposit Amount | £ 3,320 |
Rent in Advance | £ 255 |
Training Fee | £ 425 |
Estimated Designated Premises Supervisor / Manager Fee | £ 180 |
Premises Licence Fee | £ 60 |
Rates Assessment Fee | £ 55 |
Estimated Legal Fees | £ 650 |
Estimated Total Ingoing Costs | £ 10,620 |
Estimated Minimum Ingoing Costs | £ 8,865 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges | |
---|---|
Estimated Annual Building Insurance | £ 2,056 |
Estimated Annual Maintenance Compliance Charge | £ 1,862 |
Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
4908
|
Estimated Annual Repairs Fund | £ 1300 |
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
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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