Renowned Pub Opportunity
3 weeks ago
This fantastic opportunity presents the chance to take over a stunning village pub in semi-rural West Sussex that boasts an excellent reputation for food. As part of Star Pubs Leased & Tenancy, you will have the opportunity to build on the existing success and create a memorable experience for customers.
Demographics
The pub benefits from its location in an area with a high population density, with a large proportion of affluent customers comprising families with older children and retirees. This demographic creates a unique opportunity to develop a well-thought-out 50/50 food and drinks offer.
The Offer
Available on our foundation tenancy agreement, the potential of this pub lies in its ability to drive trade through a strong food menu, live entertainment, and a large garden space. The site offers a selection of popular beers, ciders, wines, and spirits, as well as coffees. The right operator will have extensive experience in a destination food outlet within a successful hospitality business and a clear vision for their food and drinks menu, marketing strategy, and entertainment offer.
Key Features
- Car Park
- Catering Kitchen
- Foundation Tenancy
- Outdoor Trade
- Private Accommodation
Trading areas and facilities include a main trading area with a bar, 90 internal covers, 50 external covers, a large catering kitchen, SmartDispense, and a large garden space. There is also a car park with 12 spaces.
Private Accommodation
The private accommodation consists of 3 bedrooms, a kitchen, a living room, and a bathroom.
Pub Financials
Estimated Total Ingoing Costs: £94,050
Estimated Minimum Ingoing Costs: £18,083
Annual Rent: £55,000
Estimated Annual Turnover: £654,440
Deposit: £13,750
Estimated Fixtures & Fittings Value: £66,800
Estimated Stock Valuation: £10,000
Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized as part of the commercial agreement.
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