Pub Overview
A beautiful English riverside pub that has a restaurant and letting rooms. What would you do to make it even more of a success?
The area
The Crown & Anchor is a riverside pub that has rooms and a restaurant. It is minutes away from some of the best golf courses, theme parks & attractions in the country. The pub is surrounded by residential housing.
Old Woking is a thriving and much-loved suburb approximately 1.5 miles from Woking town centre. The Crown & Anchor is the only pub within a 20-minute walk.
Demographics
The pub benefits from being in an area of around 10,815 adults within a 20-minute walk. The medium to high affluent customer base is made up of young families and midlife individuals.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through 80/20 food & drink offer. What food would you look to implement in the pub?
The site currently can drive trade via community events, live entertainment, and live sports. It offers a selection of popular beers, ciders, wines, spirits, a pub classic menu, and coffees.
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 within a hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer that 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...
Features
* Car Park
* Catering Kitchen
* Foundation Tenancy
* Letting Rooms
* Outdoor Trade
* Private Accommodation
Trading Area & Facilities
* Main trading area with bar
* 54 internal covers
* 40 external covers
* Medium kitchen
* Large Beer garden
* Car park with 9 spaces
* 4 Letting rooms
Private Accommodation
Private accommodation available
Pub Financials
Estimated Total Ingoing Costs: £30,004
Estimated Minimum Ingoing Costs: £11,213
Annual Rent: £32,554
Estimated Annual Turnover: £445,289
Deposit: £8,139
Estimated Fixtures & Fittings Value: £13,365
Estimated Stock Valuation: £5,000
Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized 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 finalized 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 months' rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' 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 of £10,000 un-borrowed funds.
Downloads
* Demographics Report
* Energy Performance Certificate
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