Pub Overview
The area
The Cricketers is located in the town of Badshot Lea, close to Farnham. The pub is surrounded by residential housing made up of families and retired people. There are 3000 adults within a 10 minute walk from The Cricketers. The population is seen as fairly affluent.
There is currently 1 other pub within walking distance of The Cricketers.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a strong community presence with a wet-led offer. What food & drinks would you look to implement in the pub?
The site can drive trade via drinks promotions, live sports, and a selection of pub games, such as pool and darts. It offers a selection of cask ales, coffees, and popular beers, ciders, wines, and spirits.
We’re always open to new ideas; what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
* Understanding of the local community
* You know what it takes to build a successful business
* You love hospitality and are great with 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
* Cask Ale
* Foundation Tenancy
* Car Park
* Private Accommodation
* Outdoor Trade
Trading Area & Facilities
* Main trading area with bar
* 30 internal covers
* Small kitchen
* SmartDispense
* Outdoor trading space with picnic tables
* Car park with 8 spaces
Private Accommodation
Private accommodation consists of 2 bedrooms, office, a living room, kitchen, and bathroom.
Pub Financials
Estimated Total Ingoing Costs: £28,045
Estimated Minimum Ingoing Costs: £12,500
Annual Rent: £24,000
Estimated Annual Turnover: £267,012
Deposit: £6,000
Estimated Fixtures & Fittings Value: £11,545
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 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.
Downloads
* Energy Performance Certificate
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