Saddlers Arms Send
Send Marsh Road, Woking, GU23 6JQAgreement Type: Long-Term FRI Lease
View for Saddlers Arms Send detailsNewark Lane, Woking, GU23 6DL
Pub Code: 2302427101
Est Min Ingoing Costs: £49,500
Annual Rent: £42,000
Major refurbishment planned!
We are planning a full refurbishment that touches every part of the Seven Stars. We will be redecorating the entire interior of the pub including new floor finishes. There will works to the bar, including overhauling sections of existing servery, sanding & re-staining the top plus a new upper back bar. The toilets will undergo decoration, including ladies’ toilets modified to create additional cubicle. The trade kitchen will receive required decoration and additional kitchen equipment (subject to surveys). The cellar will undergo decorations throughout and allow for new smart dispense.
The pub will benefit from external decoration, with new signage and lighting to enhance to the pubs curb appeal.
Fantastic location
The Seven Stars is located in the village of Ripley in Surrey. It is located between Guildford and Woking and has transport links to London. Ripley is located near the River Rey in a historic village of Surrey. The village has a mix of shops and local attractions from homewares, cafes and of course good pubs. There are a lot of good community events throughout the year, including Ripley Christmas Fair & Ripley Rocks – a charity music festival. There are strong affluence levels surrounding the pub with 61% high and 26% medium affluence. The local demographics suggest a good demand for quality food and drink.
Tap into this pub’s potential!
The Seven Stars has the potential to be a great pub with great food. The refurbishment will attract the local demographic into a welcoming modernised pub. There is a big opportunity to drive good quality food with investment in trade kitchen. The existing beer garden to the rear of the pub will complement the new interior of the pub. All we’re looking for is the right operator…
TARGET CUSTOMERS
When refurbished, The Seven Stars will appeal to a very broad spectrum of customers, including:
Thriving Independence – well-qualified older singles with incomes from successful careers.
Alpha families – high achieving families living fast-track lives, advancing careers, finances with their school aged kids.
Diamond days – retired residents in sizeable homes whose finances are secured by significant assets and generous pensions.
OFFER
When refurbished, The Seven Stars will offer:
Premium drinks range, from Amstel to craft beer offering from Beavertown & Brixton.
A traditional pun food menu done to high standards.
A coffee offer.
Potential for tasting events & wine pairings as well as traditional pub quiz.
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 this pub will have extensive experience in hospitality businesses. They will have a clear vision for their offer, marketing strategy, and the ability 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…
The Seven Stars will benefit from a full refurbishment with works being done both internally and externally. For a full summary of planned works, please review the 'Refurbishment Details' in the downloads section.
Please 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 & Bars, an "Investment Exemption" will be required. This 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. This applies to all pubs in England & Wales as per The Pub Code (2016).
Annual Rent | £ 42,000 |
Estimated Annual Turnover | £ 554,781 |
Deposit | £ 10,500 |
Estimated Fixtures & Fittings Value | £ 28,000 |
Estimated Stock Valuation | £ 7,500 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 49,500 |
Estimated Minimum Ingoing Costs | £ 49,500 |
Newark Lane, Woking, GU23 6DL
Agreement Type: Long-Term FRI Lease
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
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www.starpubs.co.uk
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