Three Crowns Ashurstwood
10 Hammerwood Road, Ashurst Wood, East Grinstead, RH19 3TJAgreement Type:
Foundation Tenancy
View details for Three Crowns Ashurstwood
Windmill Burgess Hill
Windmill Burgess Hill
134, Leylands Road, Burgess Hill, RH15 8AB Pub Code: 2302486101
Pub Code: 2302486101
Foundation TenancyEst Min Ingoing Costs: £9,167
Annual Rent: £20,000
Pub Overview
The Windmill inn located in the village of Burgess Hill has the potential to be the centre of the community. The Windmill has planned works which included a complete redecoration and refurbishment to the toilets. A new external lighting and signage scheme and full external redecoration.
Externally, there will be rejuvenation of the garden space, forming a new attractive seating area and a children’s play area if desired.
Community focused area
The pub itself is located in Burgess Hill. Burgess Hill, which is located in East Sussex, on the edge of the South Downs National Park. The Windmill is situated next to a large supermarket, with potential for people to stop in after shopping. The pub benefits from good demographics, with high affluence bands and 13,500 adults living within a 20-minute walk time.
A pub with huge potential
Within a ten-minute walk time of the pub, there is only one other competitor pub.
This pub would work for an experienced operator, but also someone looking to take their first site. The focus will be on quality drinks trade, supported by sports/events and accompanied by a quality food offering. It boasts 30 dedicated covers indoors and has space for 100 covers in its extensive outside trading areas. All we’re looking for is the right operator...
Target customers:
- The Windmill will appeal to:
- A wide range of consumers and attracts the local community looking for a great space to enjoy drinks or some traditional pub food with a warm, welcoming atmosphere.
- Sports fans looking to watch live sports.
- Couples and friends looking for a drink or bite to eat throughout the week.
Offer:
The Windmill offers -
- Premium drinks offer including draught lagers and ciders, a quality wine selection and a good range of spirits.
- Traditional pub fare food.
- A coffee offer, to increase daytime trade.
- Live sports
- Live entertainment nights throughout the week, such as quiz nights and live music
Trading Area & Facilities
The pubs trading area and facilities -
- Main trading area with bar
- 30 internal covers
- 100 external covers
- Catering kitchen
- SmartDispense
- Large garden
Private Accommodation
The private accommodation consists of 2 bedrooms, 1 kitchen, bathroom and lounge.
Estimated Total Ingoing Costs
£17,250
Estimated Minimum Ingoing Costs
£9,167
Annual Rent
£20,000
Estimated Annual Turnover
£269,716
Deposit
£5,000
Estimated Fixtures & Fittings Value
£4,750
Estimated Stock Valuation
£4,000
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:
134, Leylands Road, Burgess Hill, RH15 8AB
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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
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