Three Horseshoes

, Willian, Letchworth Garden City, Hertfordshire, SG6 2AE

Pub overview

A classic English village pub in the heart of the affluent Hertfordshire countryside. A perfect first time business opportunity with great facilities that include lounge, bar & dining area, beer garden & a well stocked trade kitchen.

This site has a very good reputation locally for both its ales and classic food offer, which makes the Three Horseshoes ideal for newcomers to the industry. Trade is predominantly food during the day with a good loyal early evening drinking crowd. There is also room to create a function room in the raised duplex floor, which makes it an ideal venue for all occasions. Added to this there is a beautiful secluded rear garden ideal for families to visit and enjoy while having a bite to eat.

The trade area has a warm and comfortable lounge bar on the ground level, which leads into a raised duplex area via a retractable staircase. This area can be used for a variety of occasions ranging from functions, games room and extended dining area. The pub comprises of a downstairs trade kitchen, secluded beer garden and a small patio area to the side, there is also the benefit of large storage areas. There is on street parking to the front of the pub, but permission is granted to use the neighbouring garden centre's car park.

Trade space
Bars 1
Car park spaces 5
Dining rooms 1
Food covers 20
Function rooms 1
Gardens 1
Trade kitchens 1
Patio areas 1

Split over two floors the accommodation consists of three bedrooms, toilet, bathroom and a lounge all presented in excellent decorative order.

Private space
Private Rooms 6
Lounge 1
Single Bedrooms 1
Double bedrooms 2
Bathrooms 1
Toilets 1

Rent information

Annual rent £18,500.00 per annum
Weekly rent £355.77 per week fixed
Notes

£18,500 per annum, £355.77 per week paid weekly by direct debit. All terms negotiated on agreement. Discount pricing on all products.

Entry costs approx £28,175.00 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000).

Brokers £675.00 Legal £825.00
Deposit £6,000.00 Stocktaking fees £150.00
Fixtures & fittings £10,000.00 Working capital £5,000.00
Other costs £6,000.00 Total entry cost £28,650.00

Agreement description

Flexible Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

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.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2015/16 168 1,614 5,059
2014/15 160 1,301 4,063
2013/14 197 1,794 5,575
Volume notes

Location

Willian is a delightful village located just off the A1, meaning that it is very close to London by car and Kings Cross is only 25 minutes away via rail. Close to the historic market towns of Hitchin and Letchworth Garden City which are traditional commuter settlements for London based workers, the Three Horseshoes draws trade from both of these populations as well as locals, ramblers and cycling groups etc.

Facilities

Trade bar
Car park
Dining area
Function room
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Monday - Thursday 08:00am - 00.30am Friday & Saturday 08:00am - 01.30am Sunday 10:00am - 23.30pm

Contact Us

Mick Sheridan

Business Development Manager

Call us today 0845 607 5330

Apply online
“ The Three Horseshoes is a classic English village pub. It has a great reputation for serving real ales with classic British food. This is an everyday venue for local customers. The pub is presented in good condition and would make a great first business for anyone looking to enter the trade. ”