Greyhound
12 The Street, Charlwood, Horley, Surrey, RH6 0BY
YOUR CHANCE TO BUILD A TRUE DESTINATION BUSINESS
The Charlwood, at Charlwood is a smartly presented site that offers great potential to create a true destination food business. It also offers the chance to form great relationships with locals and play an active part in the local community. The site should be focused on a quality food menu, with great standards of service and currently trades at a 60/40 split in favour of food. The pub is located in an affluent area and the offer should be reflective of this. The site also boasts its own private dining room with 14 covers and this could be further utilised to drive income from special occasion customers, looking for a special experience.
Bar
Function rooms
Kitchen
Patio
Location
Charlwood is a village and civil parish in the Mole Valley district of Surrey. It is immediately northwest of London Gatwick Airport in West Sussex, close west of Horley and north of Crawley. The historic county boundary between Surrey and Sussex run to the south of Gatwick Airport. The pub lies centrally within the Village, immediately surrounded by residential housing. There are two other pubs in the village.
Business Information
Annual rent
£32,000
Weekly rent
£615
Entry costs
£34,875
Turnover royalty
n/a
Forecasted Operator Turnover
£429,234
Forecasted Operator Profit (inc machine profit)
£31,583
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£72
Type of Tie
Partial tie: Tied All Beer & All Cider
Agreement
Standard Tenancy Agreement A fixed 5 year term
Entry cost is approximately £34,875 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £36,000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period.
Deposit
£8,000
Fixtures & Fittings
£9,000
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£15,000
Other Costs
£1,150
Total Entry Costs
£34,875
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 49 | 1 | 307 |
| 2022 | 70 | 3 | 1,925 |
| 2021 | 49 | 56 | 2,612 |
This is a single bar operation, with ground floor cellar and kitchen. The trade areas are well presented and offer a standalone function room or private dining room.
Trade Bars
1
Trade Dining Areas
2
Trade Kitchens
1
Trade Food Covers
75
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
1
Customer Car Park Spaces
20
Current Premises Licence Opening Hours
Sun-Thu: 10:00-23:30
Fri-Sat: 10:00-00:30
The accommodation is in average condition and comprises three bedrooms, lounge, bathroom and office
Private Rooms
7
Lounge
1
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
0
Offices
1
Bedsits
0
I am seeking an entrepreneurial operator who as the knowledge and experience to drive a quality food offer whilst building genuine relationships with the villagers of Charlwood. This is a great opportunity, so if you feel that you have the requisite skills then please contact our recruitment team for further information.
Graeme Marley, Business Development Manager
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