Pub Overview
The area
The White Horse is located in the village of Sundridge, in the Sevenoaks District of Kent. The pub is surrounded by residential housing.
Demographics
The pub benefits from being one of 2 pubs found in an area of around 783 adults within half a mile. The affluent customer base is made up of retirees and families.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a competitive food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via a well thought out and competitive food and drinks offer. It offers a selection of a pub classic menu, cask ales, and 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 competitive food pub or similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer and can create a memorable experience for their customers.
Features
* Foundation Tenancy
* Catering Kitchen
* Smoking Area
* Outdoor Trade
Trading Area & Facilities
* Main trading area with bar
* Separate dining rooms
* 80 internal covers
* Some outdoor seating in the small side/rear garden
* Catering kitchen
* Snug room
* SmartDispense
* Small garden
* Large Car park
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, bathroom, kitchen, and office.
Pub Financials
Estimated Total Ingoing Costs: £42,390
Estimated Minimum Ingoing Costs: £13,667
Annual Rent: £38,000
Estimated Annual Turnover: £475,481
Deposit: £9,500
Estimated Fixtures & Fittings Value: £22,390
Estimated Stock Valuation: £7,000
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 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 £10,000 un-borrowed funds.
Downloads
* Demographics Report
* Energy Performance Certificate
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