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RegisterWhite Hart
White Hart
Stratford Road, Stratford Upon Avon, CV37 8TS Pub Code: 2302932101
Pub Code: 2302932101
Foundation TenancyEst Min Ingoing Costs: £15,583
Annual Rent: £25,000
Traditional country village pub and restaurant. What would you do with this pub to make it even more of a success?
The area:
The White Hart, Newbold on Stour is 16th-century traditional country pub and restaurant. Situated in the village of Newbold on Stour on the A3400, between the historic market towns of Shipston on Stour and Stratford upon Avon, The White Hart is an ideal place for people to stop for a drink, lunch or evening meal. The pub is surrounded by mixed housing.
Demographics:
The pub benefits from being one pub found in an area of around 549 adults. The main customer base is made up of older adults and is in a high affluence area.
The Offer:
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via food and drinks, selection of pub games, such as pool, and darts. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits.
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 for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and can 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…
Trading Area & Facilities
- Two bar operation
- Separate dining room area
- 50 internal covers
- 60 external covers
- Large catering kitchen
- Car Park
- Heineken SmartDispense
- Large garden with benches
- Pool and Darts
Private Accommodation
Private accommodation consists of three bedrooms, bathroom, a living room, and kitchen.
Estimated Total Ingoing Costs
£29,750
Estimated Minimum Ingoing Costs
£15,583
Annual Rent
£25,000
Estimated Annual Turnover
£400,000
Deposit
£6,250
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£10,000
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:
Stratford Road, Stratford Upon Avon, CV37 8TS
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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
