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Job Details
Pub Overview
There is a refurbishment planned to spend in the region of £62,000 to transform the Half Moon into a refreshed premium local with improved kerb appeal, enhanced signage and a warm, traditional interior. What would you do with this pub to make it a success? About the area The Half Moon is located in Charlwood, a village known for its unspoilt rural charm, historic buildings and countryside setting close to Gatwick Airport. The pub benefits from a peaceful village location while still being within easy reach of one of the UK’s busiest airports, giving it a strong mix of local and potential passing trade. There are 981 adults within a 10-minute walk and 1,489 adults within a 20-minute walk of the pub. The Half Moon benefits from being one of only a handful of pubs in the area, with limited local competition. The main competitor is the Charlwood, a larger venue currently trading as a pub and curry house, leaving a clear opportunity for a more traditional village pub offer. The pub has traditionally traded as a food-led local, with a great outdoor area known for hosting events. Following the refurbishment, the Half Moon will be repositioned to appeal to a broader and more diverse customer base, including families, casual diners, younger professionals and after-work socialisers. The offer Half Moon is available on our investment tenancy agreement. Click here for more information on this agreement . Please refer to the ‘Refurbishment Details’ section for details of the investment being made. Who we’re looking for 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 Half Moon will have extensive experience in premium local hospitality businesses. They will have a clear vision for the food and drink menu, events, marketing strategy and how to build the pub’s reputation as a traditional village local with strong appeal for families, diners and the surrounding community. 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- Investment Tenancy
- Refurbishment Planned
- Catering Kitchen
- Outdoor Trade
- Private Accommodation
- Main trading area with bar
- Separate dining room
- Snug area
- Circa 50 internal covers
- Circa 50 external covers
- Catering kitchen
- HEINEKEN SmartDispense
- Private accommodation with 3 bedrooms
- Pub garden
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs £29,080 Annual Estimated Annual Turnover £419,264 Annual Rent £32,000 Entry Costs Deposit £8,000 Estimated Fixtures & Fittings Value £12,850 Stock Valuation £5,000 Working Capital Required £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. Refurbishment Details
- New External Signage
- Interior Decor Refresh
- Demographics Report Download arrow
- Energy Performance Certificate Download arrow
- Floorplan Download arrow
- Schedule of Work Download arrow
Vacancy posted more than 2 months ago
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