Plume of Feathers
The Borough, Crondall, Farnham, Surrey, GU10 5NT
AN ATTRACTIVE DESTINATION PUB
The Plume of Feathers in Crondall is a beautiful country pub, in an attractive village. The pub has been well traded in recent years, but could benefit from fresh ideas and a new lease of life. The pub is full of character and attracts locals, destination diners and those looking for an overnight stay in the 3 en suite letting rooms. The pub currently trades at a split of 50(drink)/40(food)/10(accommodation) and the rooms could be utilised further to drive income. Greene King would be prepared to explore a potential capex scheme to improve and modernise the pub and possibly add further letting rooms, if the right operator is found.
Bar
Dining areas
Kitchen
Patio
Location
Crondall is a village and large civil parish in Surrey, in a similar location to the Crondall Hundred surveyed in the Domesday Book of 1086. The village is on the gentle slopes of the low western end of the North Downs range, and has the remains of a Roman villa. The pub is situated centrally and is surrounded by residential housing and local amenities.
Business Information
Annual rent
£40,000
Weekly rent
£769
Entry costs
£52,900
Turnover royalty
n/a
Forecasted Operator Turnover
£382,034
Forecasted Operator Profit (inc machine profit)
£39,521
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£34
Type of Tie
Partial tie: Tied All Beer & All Cider
Agreement
Standard Tenancy Agreement A fixed 5 year term
Entry costs approximately £52,900.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £30,000 and the final valuation will be confirmed on change day. 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
£10,000
Fixtures & Fittings
£30,000
Legal Admin Fee
£850
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£10,000
Other Costs
£1,150
Total Entry Costs
£52,900
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 2020 and 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) |
|---|---|---|---|
| 2021 | 72 | 0 | 0 |
| 2020 | 43 | 0 | 0 |
| 2019 | 87 | 0 | 0 |
This is a single bar site. The main bar is to the front of the site, with the trading area to the rear of the site and adjacent to the kitchen is used as a restaurant. The courtyard to the rear of the propery is a well used area for alfresco dining and drinks alike, this is complimented with the 3 letting rooms that run parallel to the patio area. There is a car park with approximately 30 spaces to the rear of the pub.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
63
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
3
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
30
Current Premises Licence Opening Hours
Mon-Sat: 11:00-00:00
Sun: 12:00-23:30
The accommodation comprises 3 bedrooms, lounge, kitchen, dining room, toilet, bathroom
Private Rooms
8
Lounge
1
Dining Rooms
1
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
0
Bedsits
0
I am seeking an experienced operator who can deliver an offer that is at the heart of the community and is an attractive destination food pub. Experience with letting rooms would also be advantageous as the site has 3 rooms with en suite facilities. If you think you might fit the bill, please contact our recruitment team for more information.
Graeme Marley, Business Development Manager
Apply for this property
The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.